Issue 06
Oil News
- Norway Ready To Discuss Further Output Cuts If Other Producers Are Prepared For Like Action
- New KPC Committee Aims To Speed Up Process For Upstream Oil Deals
- As Market Conditions Worsen, Aramco Hikes Crude Prices In All Regions For March
- Aramco Drops LPG Contract Prices Sharply, But Reductions Fail To Please Buyers
- OPEC Basket Average Rises By $1.05/B To $10.74/B For January
- Abu Dhabi And Oman Raise Prices For January, Qatar Cuts Formulas
- Export Prices For Venezuela
- Iran痴 Economic Council Approves Doroud And Balal Buy-Back Projects
- Security Council Consensus On New Approach To Iraqi Crisis; Baghdad Rejects Initiative
- Iraqi Oil Exports Average 2mn B/D in January
- ENI And Gazprom Sign MOU For ‘Blue Stream’ Project
- AIOC Says It Will Cut Production, Operating Costs In 1999
- CPC Winds Up Land Acquisition Agreements For Pipeline
- First Oil Flow Reported In Ras Kanayes
- Total Arab Energy Consumption Rises By 5% In 1997
- Pemex Reports Crude Oil Production Of 3.07B/D For 1998
Financial & Banking News
- Yemeni Government Reveals Positive Economic Progress…
- Yemen Halves Its Budget Deficit
- Egypt To Issue $879Mn 10-Year Bonds
- Italy痴 SACE Agrees To Iranian Debt Rescheduling
- Lebanon’s Byblos Bank To Merge With BLC
- S&P Assign Ratings To Six Moroccan Banks
- S&P Downgrades ABC’s Outlook To Negative…
- ...And Revises Outlook On Jordan To Negative
- Kuwait Signs $115Mn Soft Loan With Bahrain
- Japan Grants $135Mn Loan to Tunisia
- Dubal Reports 1998 Sales Worth $700Mn; Balco To Be Liquidated
- Hyundai To Build Steel Rolling Mill