Issue 46
Oil News
- War On Iraq Imminent, Oil Exports In The Balance Once More
- NIOC Submits Doroud Buy-Back Contract To Economic Council For Approval
- OPEC Crude Output Dropped By 420,000 B/D To 26.85Mn B/D In October
- Saudi Crown Prince Again Stresses Need For Compliance With OPEC Output Cuts
- No Upstream Contracts Without SPC, Cabinet And Parliamentary Approval, Says Shaikh Sa'ud
- Kuwait Cuts December Price Formula
- Iranian Crude Exports Fall By 204,000 B/D To 2.134Mn B/D In October
- Lasmo To Drill 7 Production Wells In Murzuk Basin In 1999
- Lundin Oil To Submit Development Plan To NOC
- Egypt Poised To Supply Southern Europe And Eastern Mediterranean With Gas
- Bechtel/Linde Awarded Construction Contract For Abu Dhabi Ethylene Plant
- AIOC Marks First Year Of Operation; CIPCO Completes 3rd Karabakh Well
- Qatar And Norsk Hydro Shelve Plan For $1Bn Aluminum Smelter Project
- Jordan Dead Sea Industries And Albemarle Of The US To Set Up Joint Venture Bromine Firm
- Centurion Of Canada Spuds Test Well In Tunisias Grombalia Permit
- Eurogas Awarded Seismic Permit In Southern Tunisia
Financial & Banking News
- CGES Predicts 1998 Saudi Budget Deficit Could Reach $11.5Bn
- Saudi Budget Deficit: Nothing Wrong With Loans Says Crown Prince 'Abd Allah
- FDI Inflows To MENA Double In 1997 But Still Only 0.8% Of Global Total
- Investcorp Announces Sale Of Simmons
- IFC To Invest $14.4Mn In Moroccos Settavex
- And $11.5Mn In Lebanons Idarat Investment Corporation
- CBQ Acquires Exclusive Rights To Diners Club International In Egypt
- ThomsonBankWatch Assigns Jordan B+ Sovereign Risk Rating
- A Senior Debt Rating To Byblos Bank
- And Debt Ratings To BMB
- Deutsche Bank Hails Investment Opportunities In Middle East And Arab World
- EFTA Signs Interim Free Trade Agreement With PA