Issue 49
Oil News
- OPEC Charts New Direction With Jakarta Production Agreement
- OPEC Press Release
- Security Council Rolls Over Oil-For-Food Program Leaving Door Open for Changes In 1Q98; Iraq Delays Oil Exports Until Grievances Are Settled
- Aramco's January Prices Convey Little Sign Of Supply Urgency In Wake Of OPEC Quota Hike
- Iran Cuts December Price For Heavy Crude, Leaves Light Unchanged
- Abu Dhabi, Oman And Qatar Reduce November Prices
- Yemen Raises 1Q 1998 Price Formulas
- OPEC Basket Falls 73 Cents/B To Average $18.81/B For November
- Aramco Hikes December Propane $10/Ton, Leaves Butane Unchanged As Spot Values Plunge
- Libya Processes New Esharara Crude At Zawiya Refinery
- Iran To Follow Buy-Back Model In Opening Onshore Areas To Foreign Firms
- SOMO Concludes Two More Oil Contracts With Russian Firms; Annan Reports 14 Countries Lifting Iraqi Crude Oil
- Syria Approves First Private Power Plant
- OPEC Makes Case For 'Balanced Agreement' From Kyoto Climate Change Conference
- OPEC's Production and Supply Data
- New CCR At Ras Tanura Refinery Scheduled For Completion In January, Other Units Onstream Mid-1998
- NSC Plans To Transport Gas
- EGPC Awards North Idku Block To Deminex Group
- Banbi Says Egypt Is Indifferent Towards Israel's Gas Market
- Egypt's Research Nuclear Reactor Becomes Operative
- Petro-Canada Announces Gas & Condensate Discovery In Tinrhert
- UK's Tarmac Wins $300Mn Contract For Upgrading Of Aden Refinery
- India's Planning Commission Rejects Proposal For IOC-Kuwait Orissa Refinery
- Capacity Of Sino-Arab Chemical Fertilizers Company To Be Increased By 120,000 Tons/Year
- Costain Abu Dhabi Wins Adgas Shutdown Maintenance Contract
- New Technologies and their Impact on Increasing Petroleum Reserves and Production Capacities in the Arab Countries
Financial & Banking News
- Khatami Presents Draft Iranian Budget To Parliament
- Saudi Arabia Urged To Open Its Market Further To Foreign Investment
- Agencies Confirm Ras Laffan Bond Ratings
- Moody's Issues A First Time Rating On Turkmenistan
- Yemen Reschedules Arrears With Russia
- Chronic Malnutrition In Iraq Is Still A Concern For FAO And UNICEF