Issue 63
Oil News
- Iraqi Oil Sales Appear Imminent
- No Change In Aramco's European Formulas Despite Tight Sour Crude Markets
- Aramco Moves To Place 1Mn Tons Of Spot Traded LPG Into Term Contracts
- OPEC Basket Price Falls $1.03/B In November To $22.24/B
- Abu Dhabi, Oman And Qatar Lower November Prices
- Iran Raises Price Of Light Crude For 1Q 1997
- Correction: Algeria's December Price Formula
- Norway's Saga Wins Bidding To Purchase KPC's North Sea Holdings
- Kuwait's Refining Capacity Rises To 850,000 B/D
- Kuwaiti-Japanese Joint Venture Established For Catalyst Plant
- Abu Dhabi's Shaikh Zayid Reelected UAE President
- ADNOC Revises Plans For Implementation Of Asab Gas Development Project
- GIAT Announces Another UAE Offset Project
- Bulgaria Agrees To CanOxy Takeover Of Its Libyan Concessions
- Indian Court Clears Last Obstacle To Dabhol Power Project
- Qatar Issues Tender For Sale Of Oil Products In 1Q 1997
- Sonatrach Signs E&P Agreement with Petronas Carigali
- Start-Up Of New Bandar Abbas Refinery Delayed Until September 1997
- Iran And Russia Form Joint Drilling Firm For Caspian Exploration
- New IEA Study Underscores Dominant Role Of Offshore In Non-OPEC Output Demand Growth
- Terms Of Shell Group's Northeast Abu Al-Gharadiq Concession Agreement
- Oman Freezes Ties With Israel
- AFPC Invites Rebids For Azraq-Maleh-Tanak Project
- CGES 7th Annual Conference Scheduled For London, 21-22 April 1997
- Second Indian Oil And Gas Conference Scheduled For April 1997
- Amman To Host First Arab Gas Conference And Exhibition In September 1997
- Netback Values
Financial & Banking News
- Saudi Arabia Contemplates Reform
- Yemeni Budget Deficit To Shrink By Over 50% In 1997
- Israel And Jordan Sign MOU To Liberalize Trade
- Abu Dhabi Sets Up Investments Promotion Committee
- Oman Looks To Privatize Telecoms Utility
- Egyptian State Rejects French Offer To Buy Cement Company
- Lebanon's Net Forex Reserves Top $4Bn
- UAE To Lend Pakistan $500Mn
- $400Mn Loan For Oman