Issue 29
Oil News
- OPEC Keeps Markets Guessing About Its Next Move
- OPEC’s June Production Falls To 28Mn B/D With 500,000 B/D Shortfall In Iraqi Oil Sales
- IEA Sees Urgent Demand For Oil Products As Refiners Wait On Crude Price Fall
- US DoE Predicts Crude Prices Will Fall $4-5/B By Year-End Following Saudi Hike Pledge
- IOCs Offered Prospect of Bidding For Three Core Gas Initiative Projects
- Trial Production Under Way At Two New SABIC Polyethylene Plants
- Kuwait Sells Over 11Mn Barrels Of Crude Oil To Asia After Ahmadi Refinery Explosion
- KPC Decides To Postpone Equate’s Shu'aiba Aromatics Project
- Joint Saudi-Kuwaiti Technical Committees To Implement Offshore Neutral Zone Agreement
- Iraqi Crude Oil Sales To Rebound In 2H July As SOMO Gives Further Discount On Kirkuk
- Crude Oil Formulas/Posted Prices
- NIOC And Eni Initial Development Contract For South Pars Phases 4 And 5
- Shell Proposes Initial Study For Gas-To-Liquids Project In Iran
- Restructuring Of UAE’s Offsets/Dolphin Management
- Greece And Turkey Sign MOU To Link Gaslines, Convey Central Asian Gas To Europe
- Azerbaijani And Turkish Presidents Agree To Start Talks On Natural Gas Deal
- Botas Issues Tender For Baku-Ceyhan Engineering Work
- EGPC Extends Deepwater Licensing Closing Date For The Fourth Time
- Centurion’s Al-Manzah Field Development Approved
- Nuevo Signs Two Agreements In Tunisia
- CGES Conference Scheduled For September
- Tehran To Host Middle East/Caspian Oil Conference In November
Financial & Banking News
- Arab Governments Attempt To Tackle Corruption...
- ...As Global External Pressures Take Their Toll
- Saudi Arabia Denies Rumors Of Multi-Billion Yamamah 3 Deal
- Oman Set To Formalize WTO Accession In October
- GIB Secures $400Mn Syndicated Facility From International Consortium For General Purposes
- SABIC’s Ibn Rushd Announces $850Mn Rescheduling Agreement
- Palestine’s First IPP Secures $90Mn From Arab Bank-Led Consortium
- Egypt’s Central Bank Approves Sale Of Misr American International Bank
- M1 In Oman Rises In 1999 And Banking System Prudential Regulations Strengthened
- Middle East Banks Take 63 Positions In FT’s Ranking Of Top 1,000 World Banks
- Oracsom Telecom Offering The Largest Ever In Egypt
- IFC Becomes Advisor For Airline Privatisation In Lebanon
- Unilever To Acquire Home And Personal Care Businesses In Tunisia
- S&P Revises Egypt’s Credit Outlook To Negative From Stable
- …And Revises Outlook On NBE And CIB From Stable To Negative
- EIB Lends Algeria €45Mn For Motorway Network Bringing Total Road Loans To €151Mn