Issue 38
Oil News
- Gulf Producers Will Monitor The Market Closely And Keep Options Open For More Production Cuts
- Upstream Venture In Northern Oman Enhances Prospects For Further Gas Development
- Iraq Leaves Door Open For Annan Diplomacy
- Saudi Aramco Surprises Crude Buyers With Modest 5% Export Cut For October
- Temporary Suspension In Line For Caspian Swap Deals As Winter Approaches
- Libya's Production Capacity Stands At 1.56Mn B/D
- SOMO Proposes Price Formulas For October
- Nigeria Raises Price Formulas For October
- IEA Identifies More Puzzles In Confusing Market Situation
- Chevron's Launches Upstream Operations In Qatar And Bahrain
- Boards Of Directors Of KPC And Its Subsidiary Companies Appointed
- Explosion Damages Yemeni Export Pipeline
- Yemen Approves Vintage Petroleum's Farm-In Agreement With Transglobe For Block S-1
- Khalda Offset Plugs Two Dry Wells
- Sharjah Refinery To Start Up In Early 1999
- Kazakstan Sells Share In OKIOC To Phillips Of US And Inpex Of Japan
- Caspian Sea Conference Moved To Tehran
- Middle East Institute To Hold Annual Conference In October
- Energy For Europe Conference To Be Held In October
- The New Governance of Venezuelan Oil
Financial & Banking News
- Qatari 1997 Banking Profits Up 16.5%
- Saudi Aramco Signs $2.6Bn Loan With International Consortium
- Resolution Of Category E Claims Underway At UNCC
- Iranian Finance Minister Calls For Fair Taxation System
- S&P Assign Rating To Saudi Hollandi Bank And Affirm Six Others
- Sun Microsystems Awarded IT Contract By Aramco
- IDB Approves $1.5Bn Infrastructure Fund And $210Mn Of Projects
- $70Mn IMF Assistance To Yemen