Issue 06
Oil News
- Local Iranian Company Gains Edge In Bidding For Soroush Development Project
- SOMO To Renew Most Current 90-Day Contracts For Next Period
- Saudi Crude Prices Show Mainly Downward Trend For March
- OPEC Basket Averages $23.23/B For January
- Abu Dhabi, Oman and Qatar Cut January Prices
- Iran Reduces Price Formulas Of Light And Heavy Crudes For March
- Libya Leaves Most February Crude Price Formulas Unchanged
- Anadarko To Invest $120Mn In Algerian Upstream Development In 1997
- Rhourde El Baguel Constitutes Major Play For Arco In 1996
- IPC Signs EPSA Covering Block 5A In South Sudan
- Sudan Consortium Awards CPECC Contract For the Development Of The Heglig Field
- Board Approvals Secured For Oman-Thailand LNG Deal, Upstream Drilling Contracts Awarded
- Sumed Throughput Up 8% In First Nine Months Of 1996
- Abu Dhabi's SPC Gives Green Light For Another Petrochemical Project
- Sharjah Refinery To Go On Stream In October
- German Firm Awarded Letter Of Intent For Abu Dhabi Steel Plant
- Clyde Farms Out A Working Interest To Canada's Transglobe In Howarine Block No. 32
- Future Of Iran-Pakistan Refining Project In Doubt
- Sadaf's MTBE Plant To Be Inaugurated Shortly
- Qatargas Second LNG Train Commissioned
- Kuwait's Supreme Petroleum Council Approves Privatization Of 30 Retail Petrol Stations
- ASRY Announces Net Profit Of $3.4Mn In 1996
- Petroleum Economics Limited To Hold Touring Seminar On Oil Market Report
- Netback Values
Financial & Banking News
- SAMA Publishes Its First Annual Report In Three Years
- Payment Systems In Saudi Arabia.
- Diplomat Lambasts Corruption In Syria
- Withdrawals From Kuwait's Reserve Fund Higher Than Previously Thought
- Paribas And Sumitomo Win QAFAC Mandate
- Another List Of Sell-Off Candidates
- Saudi Investors Plan To Set Up Company To Invest In Ex-Soviet Asian Republics
- Lebanon Invest To Raise Capital To $40Mn
- Environmental Claims Against Iraq Reach $32Bn