Issue 41
Oil News
- OPEC Crude Output Rose By 260,000 B/D To Reach 27.27MN B/D In September
- Naimi Warns That Further Production Cuts Could Undermine Compliance
- China Suspends Talks With Iraq On Development Of Halfaya Oilfield
- Iraq And Annan To Continue Discussions On Comprehensive Review Of Sanctions
- Aramcos November Prices Show Upward Trend In US, Other Regional Markets Mixed
- Rising Premiums And Output Declines Prompt Rise In Saudi LPG Term Prices For October
- OPEC Basket Rises $1.02/B In September To Average $12.91/B
- Abu Dhabi, Oman And Qatar Raise September Prices
- Iran Leaves Formula Prices Unchanged For November
- Yemen Cuts November Price Formula For Masila Crude
- Export Prices For Venezuela
- Mexico Agrees To Extend Export Cuts Till Mid-1999 While Saudi Arabia/Venezuela Will Propose OPEC Cutback Rollover Till End-1999
- Iranian Crude Exports Rise By 305,000 B/D In September
- Total Announces Production Start-up At Sirri A Oilfield In Iran
- Aramco Delays Rabigh Refinery Upgrade Project As Budget Review Widens
- Saudi Aramco Appoints Otaibi Senior Vice President Engineering and Operational Services
- Kuwait To Construct New City Near Iraqi Border
- New Discovery In Neutral Zone
- QGPC Approves Extension of Pennzoil/Novus Block 8
- Arco Buys Gulfstream Share In Dubais Margham Field
- CMS Energy Wins Construction Contract For Abu Dhabi Power Plant
- Ruwais Refinery To Close For Maintenance During November
- Arakis Board Approves Talisman Takeover
- Production Begins At Tunisias Didon Field
- Skikda Refinery To Begin Maintenance Shutdown
- Jordan Refinery Raises Capacity To 100,000 B/D
- Yemen Scheduled To Take Over Marib Refinery In November
- Samir Board Approves Merger With SCP
Financial & Banking News
- UNB Proposes New Central Clearing System For UAE Stocks
- Lebanon Raises New $100Mn Eurobond
- Saudis 'Azizia Panda And Savola Company Agree To Merge
- Iran Debates Budgetary Shortfalls
- Algerian Budget Deficit Forecast To Increase 14.7% In 1999
- Office Of The Iraq Program Calls For Speedier Resolution Of Contracts
- France Offers FF4.2Bn In Moroccan Debt Relief