Issue 07
Oil News
- Naimi Stresses Saudi Arabia’s Oil/Gas Investment Priorities Are To Develop Industrial Base – Not To Expand Upstream Capacity
- Italy痴 SNAM Initials Agreement For Purchase Of 8Bn Cu. Ms./Year Of Libyan Gas
- Iran Targets Turkey For Output From Further Development Phase At South Pars Gasfield
- NIOC Urges Delivered Customers To Lift Crude Directly From Kharg Island
- Iranian Crude Exports Rise To 2.293Mn B/D For January
- Bandar Abbas Refinery Running At 12% Above Capacity
- Marginal Rise In OPEC Output For January
- SOMO Under Pressure To Lower Price Formulas For March Sales
- Saudi Arabia Prepared To Supply Jordan With Its Oil Needs
- Supreme Petroleum Council Approves Plans For Upstream Investment By Oil Companies
- Government Approves Development Of Oughroud Field With Sonatrach As Operator
- Two New Private Petrochemical Ventures Set Up In Saudi Arabia
- Iran Raises March Formula Prices
- Kuwait Raises March Far East Price Formula
- Syria Reduces February Price Formula For Light Crude
- Pemex Formula Prices For March
- US To Add 28Mn Barrels To SPR
- Botas Forecasts 50% Jump In Turkish Natural Gas Imports During 1999
- Socar Announces Plans To Cut Expenses
- Netback Values
Financial & Banking News
- Japan Agrees To Restructure $500Mn Of Iranian Debt…
- Qatar Approves Oil Price Assumption Of $10/B
- Taweelah A-2 $578.5Mn Loan Near Completion
- QVC’s $475Mn Syndicated Facility Launched
- Al Rajhi To Finance $835Mn SCECO-West
- UAE’s NBD And EBI Moot Merger
- Dow Jones Launches Islamic Market Index
- PepsiCo Buys Major Share In Egyptian Bottling Company…
- ...While Coca-Cola Plans $25Mn Bottling Plant In Algeria
- EFG-Hermes To List Shares On Egyptian Bourse
- First Islamic Buys $175Mn In Computer Generation Inc.
- Baring Asset Management And CIB Form Joint Venture
- Fitch IBCA Lowers CB’s Individual Rating…
- ...And Affirms Ratings For Byblos Bank
- Donor Community Reaffirms Support For Palestine With $770Mn In Aid