Issue 42
Oil News
- Middle East Confrontation Gives Further Impetus To Already Revived Crude Prices
- OPEC Oil Production Tops 29Mn B/D In September Due To Rise In Iranian Output
- Iraq Says Oil Payments Must Be Made In Euro As Of 1 November
- Russian Airline Plans Regular Flights To Baghdad As Sanctions Erode
- IEA Reports Market Still Tense Despite Positive Supply Developments
- US Energy Department Says Winter Heating Oil Needs Can Be Met Despite Low Stocks
- Libya Nominates Shukri Ghanim For Post Of OPEC Secretary General
- Al-'Attiyah Announces New Qatari LNG Export Capacity Targets
- Iran Discussing Second LNG Project With International Companies
- Ahmadi’s CDU 4 Restarts At 130,000 B/D
- KUFPEC Awards $62Mn EPIC And O&M Contracts For Oseil Field Development In Indonesia
- Tender For New Exploration Permits As Japanese Consortium Wins First-Ever Open Bidding
- First Gas From BP’s In Amenas Project Delayed Until 2003
- Sonatrach Acquires Second New LPG Tanker
- Establishment Of Utility Company For Jubail and Yanbu' Approved Ahead Of Privatization
- Gulf-Based Petrocommerce Launches First Oil Industry B2B Site In Middle East
- Azerbaijan To Buy Russian Natural Gas For Winter Power
- Centurion Energy Puts Al Manzah-2 On Production
- Crude Oil Formulas/Posted Prices
- Jordan Invites Oil Companies To Bid For PSAs Under New Terms
- Gas Production To Match Growth In Domestic Demand
- US Congressional Conference Approves Sanction Reform Legislation
Financial & Banking News
- Saudia Mandates BNP Consortium As Advisors On Privatization
- ABC Announces $150Mn Loan To Egypt’s CIB, $80Mn To Bahrain’s BIB
- BLOM To Open Damascus Branch After Syria Introduces New Banking Initiatives
- Omani Banks’ Personal Lending Declines By 11.6%
- UNCTAD Records 15% Increase In FDI To Middle East And North Africa In 1999
- Lebanon Issues $230Mn Four-year Eurobond As CBL Supports Pound
- ECGD Resumes Medium Term Cover For Iran