Issue 03
Oil News
- OPEC Starts Tricky Process Of Production Cutbacks
- US Energy Department Foresees World Oil Demand Rising By 2mn B/D In Both 2001 And 2002
- Yamani Says OPEC Output Cut Should Await Iraqi Production Move
- Crude Price Rise Continues As Saudi Arabia Cuts February Volumes To Customers
- US Gas Market Woes Likely To Spread
- NIOC Extends BWAVE Reference To Pricing For Mediterranean Market
- Crude Oil Formulas/Posted Prices ($/B)
- Minimum Of Three IOCs Required In Consortia Bidding For Project Kuwait
- Al-Oun Appointed Undersecretary In Oil Ministry
- Kuwait Petroleum Italia Made $7Mn Pre-Tax Profit In FY 1999-2000
- IOCs Begin Accessing Data Room For Natural Gas Initiative
- Japan’s Toyo Wins Contract For New Petrokemya Polyethylene Plant In Jubail
- Saudi Aramco Restructures Domestic Refining Operation To Include Supply
- Four New Vice-Presidents Approved For Sonatrach
- 21 IOCs Interested In Six New Exploration Blocks On Offer
- BHP Sells Stakes In Three Projects To Woodside
- Japan’s FM Visits Gulf States
- Iran Faces Pricing Hurdle In Bid To Take Power Generating Capacity To 40GW By End Of 2005
- Iraq To Sign Crude Oil Supply Agreement With Lebanon Within Three Months
- Turkish Officials Detained In Energy Sector Probe, Political Uproar Ensues
- Botas Invites Six Firms To Bid On BTC Pipeline Engineering Study
- AIOC Reports Crude Output Of 103,200 B/D In 2000
- Turkmenistan Produces 47BCM Of Natural Gas During 2000, 7.1Mn Tons Of Crude
- Lukoil And Socar Sign Agreement For Azerbaijan’s Zykh-Govsany Oilfields
- Lockerbie Trial Coming To Swift Conclusion
- Fenosa Orders Two Ships To Carry LNG From Damietta Beginning 2004
- Enron To Lower Dabhol Electricity Tariffs, But Controversy Surrounds Phase II Of Project
- Oman’s Dhofar And US’s Global To Build 200Mw Private Power Plant In Salalah
- QGPC Becomes Qatar Petroleum; Board Is Reshuffled
- IHI Wins $650Mn Dahej Terminal Contract
- India’s Reliance Seeking 5Mn T/Y Of LNG From Qatar
- Saudi’s Nimir Petroleum Hands Over Assets In Yemen To The Government
- BG Group To Tender For Pipavav LNG Supplie
Financial & Banking News
- Lebanese Finance Minister Says Growth Is Top Government Priority
- Oman Adopts Conservative Budget
- House Of Lords Rejects Appeal In KOTC Fraud Case
- Syria Releases Early 2001 Budget
- UAE Equities Lose 36.1% In Value Over Past Two Years
- Algerian Government Not Yet Ready To Privatize Public Sector Banks
- EIB Approves 13Mn Euro Loan To Cairo-Amman Bank For SMEs
- France Telecom Becomes Majority Shareholder In Egypt’s MobiNil
- ESCWA Predicts Healthy Middle East Economic Growth
- Moody’s Gives Upbeat Assessment Of Kuwaiti Fiscal Management