Issue 08
Oil News
- Negotiations On Neutral Zone Offshore Concession Of Japan’s AOC Head For Termination By 27 February
- Clinton And Greenspan Express Concern Over High Oil Prices; Mexico And Venezuela Call For Production Increases
- King Fahd Authorizes Supreme Council To Award Contracts For Gas Exploration And Production
- Saudi March Deliveries Reports Drive Tense Markets To New High
- 10 Saudi Electricity Firms Merged To Form New Company Ready For Privatization
- Saudi Arabia’s Shura Council Approves Ma'adin Magnesite Concession
- IEA Charts Stockdraw Acceleration And Warns Of Spot Outages And Increased Price Volatility
- World Bank Expects High Prices, Low Stocks And Strong Demand To Trigger OPEC Production Hike
- Yamani Advises OPEC To Raise Output By 2Mn B/D To Keep Oil Price In The $16-20/B Range
- ExxonMobil’s Chairman Says High Oil Prices Will Not Last
- Robertson’s Fowler Estimates Middle East’s Undiscovered Reserves At About 350Bn BOE
- China To Increase Crude Oil Imports While Maintaining Products Imports Ban
- Discussion Of Draft Project Kuwait Law Awaits Resolution Of Government Crisis
- Sonatrach Privatization Considered A Possibility
- BP Amoco-Led Consortium Plans Gas Exports To Turkey From Shah Deniz
- Conoco Acquires 20% Share Of Azerbaijan’s Offshore Zafar Mashal Block
- US Treasury Department Imposes Sanctions on Sudapet And GNPOC
- Trafigura To Continue To Market Nile Blend For Talisman And Sudapet
- Iranian Crude Exports For January Average 2.04Mn B/D
- India’s Petronet Seeks To Time Charter LNG Tankers For RasGas Contract
- First Oman LNG Shipment To South Korea In April
- General Electric To Provide Turkey With Turbines And Services For Three Power Plants
- GAO Report Says Lack Of Alternative Fuels Makes Goal Of Gasoline Cuts Unlikely
Financial & Banking News
- NGL-4 Requests Financing Proposals For Second $400Mn Tranche
- Samba Attributes Profit Dip To ‘Extraordinary’ Merger Costs But Expects Positive 2000 Results
- ARBIFT And GIB Only Negative Results In Latest Arab Bank 1999 Statements
- MSM Posts Disappointing Performance Led By Flagging Bank Stocks
- EFG-Hermes Launches Regional Telecom Fund
- SAMBA On Saudi Economic Performance: 2000 Is ‘The Year Of Change’
- Fitch IBCA Assigns Ratings To GIB
- Moody’s Revises FSR Outlook For BMCE From Stable To Positive