Issue 06
Oil News
- Moderate Statements By Mexico And Venezuela Leave Door Open For All Options In OPEC March Meeting
- Saudi Aramco Informs Customers Of Details Of New Brent Futures-Related Price Formula For Crude Sales To Europe
- EGPC To Introduce New Gas Price Formula As Trade Balance Declines And Exports Stall
- UK’s Lasmo And Kuwaiti Partners Say BP Amoco Is In Breach Of Contract On Project Kuwait
- KPC Confirms Withdrawal From India’s Orissa Refinery Project
- Iran Inaugurates Power And Water Projects As IPDC Invites Bids For New 900MW BOT Power Plant
- Iran In Talks On Upgrading Lebanese Refineries And Power Stations
- E&A Drilling Levels Down 24% In 1999 But Expected To Bounce Back According To IHS Energy Report
- Saudi Aramco And KPC Hike February LPG Prices By $14-19/Ton
- Abu Dhabi, Oman And Qatar Reduce January Prices
- Syria Cuts February Price Formula
- Yemen Reduces March Price Formulas
- Gaz de France Buys Second Spot LNG Cargo From Qatargas; Regional Spot Sales Steady In 1999
- Japan Signs MOU With ADNOC To Develop Oil Production; UAE Remain Japan’s Top Supplier
- Fujairah’s Metro Refinery To Reopen And Be Expanded
- Iraq Gives New Hint Of Accepting 1284; US Says Seized Russian Ship Carried Smuggled Iraqi Oil
- Oman Invites Bids For RFCC Unit At Sohar
- No Spare Tengiz Crude For Baku-Ceyhan, Says Chevron’s Matzke
- Gazprom Starts Work On Blue Stream
- Turkey Delays Decision On Nuclear Power Plant Tender
- US’s Petroleum Finance Announces Joint Venture With UK’s Lambert Energy
- Eurasia Forum Sessions Scheduled For Houston And New York In February
- TIOGE 2000 Scheduled For Ashgabat In March
Financial & Banking News
- IMF Commends Tighter Saudi Fiscal Management But Says Situation Still Vulnerable
- UAE Records 1999 GDP Growth Of 10%
- Kuwait Approves Withdrawals From RFFG Says Al Shall
- Commerzbank Chairman Completes Middle East Trip Prior To Launch Of Islamic Fund
- First Islamic Acquires 84% Of BR Lee Industries
- Saudi Hollandi Records Record Profits Of SR303Mn In 1999
- Saudi Arabia To Open Insurance Sector To Foreign Companies
- Libyan Leader Rejects Year 2000 Budget And Calls For More Investment Spending