Issue 03
Oil News
- OPEC Production Inches Up In December While Registering 2.6% Year-On-Year Gain For 1998
- Security Council Deliberates Proposals To Ease Iraqi Sanctions
- Little Likelihood Of OPEC Meeting Before 23 March
- NIOC Supports Link With Chinese Bidder After Local Firm Wins Caspian Pipeline Contract
- Caspian Swap Shipments Resume As Turkmen Producers Resolve Quality Problem
- Hassani Appointed New Head Of NIOC’s Offshore Production Unit
- 'Attiyah’s Portfolio Expanded In Qatar Cabinet Reshuffle
- Tamil Nadu Tender Award Gives RasGas LNG Venture Its Second Indian Customer
- World Bank Denies Involvement In Egypt-Israel Gas Negotiations, But Could Play Role If Asked
- Iraq Signs Contracts For 1.4mn B/D Under Phase V
- Export Prices For Venezuela
- Pemex Formula Prices For February
- Iran Reduces February Formula Prices
- Syria Raises January Price Formulas
- Asian Oil Demand Slumps By 4% In 1998, Won’t Recover 1997 Levels Until 2001
- Oil Producers Have No Choice But To Cooperate With Foreign Companies, Says Kuwaiti Official
- Turkmenistan Gas Production Drops In 1998, Oil Output Up
- Saudi/Mobil Joint Venture Take Delivery Of VLCC
- European Commission Approves Kuwait Petroleum/OKP Joint Venture
- Iran-Iraq Oil And Gas Conference Scheduled For March In New York
- Energy Demand in Asian Developing Economies by M. Hashem Pesaran, Ron P. Smith, and Takamasa Akiyama
Financial & Banking News
- Oman Issues Pragmatic 1999 Austerity Budget; Reserves To Cover Deficit
- UAE To Peg Monthly Expenditure In 1999 To One-Twelfth Of 1998 Budget
- Investcorp To Buy Stratus
- Economic Outlook Report Shows Low Oil Price Impact On OECD Revenues
- USB And Samba To Merge
- Moody’s Downgrades Qatar’s Foreign Currency Ceiling Outlook From Stable To Negative…
- And Assigns Ba1 Rating To Saudi Domestic Bonds
- Thomson BankWatch Assigns Debt Rating To CBO
- EIB Lends Lebanon EUR30Mn
- Japan Signs $60Mn Loan Agreement With Jordan…
- And Extends $12Mn Grant To Palestine