Issue 07
Oil News
- Iraq Says Failure To Receive More Oil Spare Parts Soon Will Mean Irreversible Loss Of Production Capacity And Further Drop In Exports
- Iraq To Seek 3.4Mn B/D OPEC Quota
- Iraq Suspends All Out Production Policy As Country Faces Loss Of Around 20% Of Recoverable Reserves
- OPEC Compliance Slips To 78% In January
- Higher Oil Prices Threaten Global Growth, EU Warns OPEC
- OPEC Oil Revenue Falls By Over 33% In 1998
- OPEC Predicts Increase Of More Than 1Mn B/D In Non-OPEC Crude Oil Supply In 2000
- ESAI Predicts 1.4Mn B/D Non-OPEC Production Hike And “Modest” OPEC Output Rise In 2000
- Stone Bond Calls For Increased OPEC Output To Prevent “Dangerous” Upward Pressure On Prices
- Project Kuwait Debate Resumes In Parliament
- New Saudi Aramco Subsidiary For Neutral Zone Reported
- Board Of Saudi Electricity Company Named In Further Step Towards Privatization
- Shell-Texaco-Saudi Aramco Joint Venture To Launch Internet Crude And Products Trading System
- SABIC Registers Net Profit Drop Of SR109Mn In 1999
- Mixture Of Cuts And Rises In Saudi Aramco’s March Pricing
- Crude Oil Price Formulas / Posted Prices
- QGPC And UAE Offsets Group In Ongoing Dolphin Project Discussions
- Ajman Creates New Petroleum Department
- US Hopes Elections Will Clear The Way For Better Relations And Renewed Investment In Iran And Libya
- Eni To Supply Edison With 4 BCM/Y Of Libyan Natural Gas
- Damage From Israeli Bombing Of Lebanese Power Plants Estimated At $50Mn
- Azerbaijan Halts Socar’s Exports As Country Confronts Energy Crisis
- Russia Reports Progress On Chechen Bypass Pipeline
- Foreign Oil Firms In Kazakstan Critical Of Government Crude Export Limit
- Turkey Begins Construction Of Blue Stream Link
- Turkish Forecasts 127Bn KWH Power Demand In 2000
- Apache Announces Two New Gas Discoveries
- CGES Publishes New Study On Kuwait
- CWC Associates To Hold Gulf Summit With MEES
- Bahrain To Host Geosciences Conference In March
- University Of Dundee To Hold Petroleum Industry Seminars
Financial & Banking News
- UAE’s Official Stock Market Moves Closer To ‘Imminence’
- MENA Cement Companies Continue To Lure Strategic Investors
- Investcorp Announces Another Record Year Of Profits
- More Arab Banks Report Solid 1999 Profit Levels
- Lebanon’s 2000 Budget Seeks Reduction In Deficit
- IMF Describes Saudi Banking Sector As “Sound” But Criticizes NPL Classification
- Lebanon’s GDP To Rise 3% In 2001 But Growth In 2000 Will Remain Slow
- Al-Thuraya Signs Service Provider Agreement With Saudi Firm For Jordan
- Lucent Wins $35Mn Internet Contract In Saudi Arabia