Issue 28
Oil News
- Spotlight Falls On Buy-Back Terms After Launch Of Iran's Second Upstream Tender
- No Significant Change In OPEC Production In June As Iran Increases And Iraq Decreases Output
- World Oil Production Down For Four Consecutive Months, Says IEA
- Signs Of Compliance Mount As Producers Notify Buyers Of Cutbacks In Line With OPEC Commitments
- Iran Lowers August Price Formula For Light, Heavy Crude Unchanged
- Libya Cuts July Price Formulas
- Abu Dhabi, Oman And Qatar Cut June Prices
- Kuwait Raises August Price Formula
- OPEC Basket Falls $1.49/B In June To $11.65/B Average
- Iraq Holds Talks With Western Firms To Develop And Export Gas To Turkey
- Iraq's Energy Consumption Expected To Nearly Double Between 1995 And 2010
- Iranian Crude Exports Rise By 238,000 B/D In June To 2.482Mn B/D
- SABIC And Egyptian Interests Sign Agreement For Joint Venture Steel Plant
- Santa Fe Reports Damage To Land Rig In Saudi Arabia
- Juma Appointed Chairman Of Motiva
- Foster Wheeler Wins Contract For Alexandria Lube Oil Plant
- Apicorp Is Arranging Two Loans Of $310Mn For Egyfert
- Russia And Kazakstan Agree On Caspian Sectors, Iran And Turkmenistan Voice Opposition
- Mobil Signs PSA With Turkmenistan For Onshore Garashsyzlyk Oil Field
- Mubarak Flies To Libya With UN OK
- Italy And Libya Sign Normalization Accord
- Algeria Denies Plans For Gas Sales To Israel
- PUBLISHED
- Fourth Annual Middle East Gas Summit To Be Held In Abu Dhabi In October
- Caspian Oil And Gas Summit To Be Held In November 1998
- Netback Values
Financial & Banking News
- Iran's Foreign Debt Falls To $12,563Mn At End-1997
- Declining Oil Prices And Budget Revenues
- Saudi Government Pays $1.4Bn Arrears To Farmers
- IMF Seal Of Approval For Egyptian ReformsÂ…
- As Egypt Calls For More Trade And Less Aid
- The Jordanian Economic Recession Debate
- Dubai To Set Up Basic Industries Company
- MSM To Introduce More Reforms
- Nomura Sells Part Of Its Stake In BMCE
- Gulf International Bank (GIB) Announces Interim Profits Of $44Mn
- Ericsson And PALTEL Sign $40Mn GSM Contract
- World Bank Lends $988.5Mn To MENA In FY98
- USAID Contribution To Sudan