Issue 49
Oil News
- Kuwaits Model Operating Service Agreement For Upstream Investment Breaks New Ground
- Iraqi Upstream Projects Hang Fire As Political Crisis Drags On
- Aramco Lowers Asian Crude Formulas As Arbitrage Cargoes Move Into The Region
- As Spot Market Begins To Weaken, Aramco Sets December LPG Prices At Moderate Levels
- OPEC Basket Falls $1.24/B In November To Average $11.17/B
- Libya Raises Some December Price Formulas
- Oman Reduces November Price To $11.25/B
- Algeria Hikes December Price Formula
- Egypt Raises December Crude Formulas
- Syria Raises December Price Formulas
- SOMO Expedites Exports, Breaking With Past Practice
- Repsol Raises Production Capacity At Murzuk To 200,000 B/D
- Red Sea Oil Completes Appraisal Of Block NC-177
- CIPCO Departure From Caspian Expected
- Azerbaijan Parliament Endorses Inam Offshore Contract
- Kazakoil Plans To Increase Output In 1999
- New President Appointed For AIOC
- UAE Purchases Missiles For New Mirage Fighters
- Sonatrach Forms Joint Venture Engineering Company With JGC
- Centurion Hits Oil In Tunisias Grombalia Permit
- Sixth Annual MPGC Conference To Be Held In Bahrain Next April
- ICEED Conferences Scheduled For April
- Will the 10-Year Oil Glut Promote a Squeeze in 2013?
Financial & Banking News
- Irans Khatami Presents Austerity Draft Budget To Parliament
- Algerian Parliament Approves 1999 Budget Amidst Social Strife
- Saudi Arabia To Consolidate And Partially Privatize Electricity Sector
- Bank Of Beirut Acquires Transorient Bank For $70Mn
- Dubai Islamic Bank Agrees To Capital Restructuring
- Moodys Lowers ABCs Ratings To Ba1
- Moodys Awards Arab Bank Baa1/Prime-2 For Deposits Of Foreign Branches
- S&P Affirm Tunisias Outlook Rating As Stable
- And Affirms Lebanons FC/LC Ratings And Negative Outlook
- Donors Pledge Over $3Bn Aid Assistance To Palestinians