Issue 13
Oil News
- Award Of Iraq's West Qurna Oilfield Development Contract To Russian Group CouldCreate Precedent For Similar Deals With Other Foreign Firms
- Forecasted LPG Export Decline Likely To Be Less Severe As New Petrochemical Plants Are Delayed
- Nigerian Price Formulas For April Cut By 50-87 Cents/B
- Egypt Cuts April Price Formulas
- Syria Reduces April Price For Light Crude, Raises Heavy
- Iraqi Oil Exports Stand At 662,000 B/D
- ENI's Moscato Condemns Unilateral Sanctions Against Libya
- Libya Signs $250Mn Oil Supply Deal With Tunisia
- No Policy Changes Expected From New UAE Cabinet
- Korea Supply Talks Gather Momentum As Tepco Phases Down 1997 Contract Volumes
- Apache And Seagull Plan Major Drilling Program In 1997
- CanadianOxy's Share Of Masila Production Estimated To Hold Steady At 92,300 B/D In 1997
- Nimir Completes New Seismic Survey In Yemen's Qamar Block
- Canada's Adair Oil Negotiating For PS Agreements Covering Blocks Nos. 24 And 28
- Arakis Confirms Three Oil Discoveries In Sudan's Unity And Heglig Blocks
- Sands Petroleum Acquires Stake In Arakis Energy
- KPC Confirms Closure Of Danish Refinery On 1 April
- KMPI Wins $50Mn Contract To Supply Pipes For Gathering Centers No. 27 And No. 28
- Oman Will Keep Production Level At 900,000 B/D Through 1997
- Ruler Of Qatar Inaugurates QAFCO's $430Mn Expansion Project
- Netback Values
Financial & Banking News
- Samba Establishes First Vehicle For Foreign Investment In Saudi Arabian Shares
- As Bahrain Also Liberalizes
- Egypt Outlines New List Of Companies For Further Privatization
- BOOT Schemes In Egypt In The Balance
- Algeria To Open Stock Exchange
- Prince Al-Walid Purchases 5% Interest In Norwegian Cruise Line
- IFC Invests $25Mn In Egyptian Tourist Sector
- UAE Government Expenditure In 1997 Provisionally Limited To 1996 Levels
- Jordan To Receive $1Bn Loan From World Bank
- Loan To Cover Downpayment On Saudia Order
- UBK's Post-Tax Profits Up 40%