Issue 09
Oil News
- Saudi Oil Minister Says $18-20/B WTI Would Be Reasonable Price For Oil
- Buy-Back Participation Rises As Foreign Companies Bid Into Iran痴 Second Upstream Tender
- Adgas And Enron痴 Indian Affiliate Conclude Long-Term LNG Supply Deal
- Condensate Exports From RasGas LNG Venture Set To Start In April
- Saudi Arabia Scales Back Oil Allocations For Yamamah Defense Scheme
- Saudi Strategic Oil Product Storage Project Gets Under Way
- SABIC’s Net Profit Falls 56% In 1998
- Iran Will Not Change Position On Baseline For OPEC Cutback
- Buyers Still Not Mollified By Iraq’s March Prices
- Egypt Reduces March Crude Formulas
- Algeria Cuts March Price Formula
- Encouraging Results For Appraisal Well In Kar'a Al-Maru Oilfield
- UN Official Calls For "Bold, Imaginative And Pragmatic" Alternatives For Iraq痴 Oil Industry
- Iran Says Turkmen Trans-Caspian Gas Pipeline Unacceptable
- Iran Plans Petrochemical Projects At Assaluyeh
- Exxon Lands Remaining 15% of Azerbaijan痴 Alov-Araz-Sharg Block
- Egyptian Oil And Gas Production Remains Steady In 1998, Net Oil Trade Falls By 87%
Financial & Banking News
- Saudi Banks’ 1998 Profits Still Buoyant
- Saudi Assets Abroad Stand At $420Bn
- GIB Takes $30Mn Provisioning Cost And Records 5% Drop In 1998 Profit
- Bidding Opened For Saudi Arabia’s TEP8 $5.5Bn Expansion Project
- Egypt痴 MobiNil To Issue $100Mn Of Bonds
- Demand For Egypt痴 10-Year T-bonds Limited To Domestic Banks
- Iraqi Oil Revenue Under Oil-For-Food: Shortfalls Projected For Phase V
- UNCC Pays Out $814Mn To Gulf War Claimants
- CIB痴 Rating On Review During Management Transition
- IMF Concludes Article IV Consultation With Kuwait
- Japan Gives Morocco $135Mn For Water Projects…