Issue 25
Oil News
- US Sees Smart Sanctions As Prelude To Political Campaign To Undermine Iraqi Regime
- Kuwaiti Oil Minister Says 2Mn B/D Could Be Appropriate Make-Up By OPEC 10 For Loss Of Iraqi Exports In Case Of Extended Cutoff
- Saudi Arabia Seizes IPSA Pipeline
- Iraqi Export Halt Focuses Attention On OPEC Capacity
- Crude Oil Formulas/Posted Prices ($/B)
- IEA Sees Need For Increased Crude Production Ahead Of 3Q Demand Surge
- EIA Trims 2001 Demand Growth Forecast To 1.3Mn B/D
- Supreme Petroleum Council Approves Gas Strategy
- NPIC And Basell Holdings Agree On $533Mn Jubail Polypropylene Project
- Jordan, Egypt Sign Gas Pipeline Agreement As First Stage Of Regional Distribution Network
- National Bank of Egypt Buys Merhav Stake In Midor Refinery For $158.4Mn
- Apache Announces New Gas/Condensate Discovery In Ras El-Hekma Concession
- BP Says Azerbaijan Headed Towards New Oil Era
- US TDA Provides Kazakstan With Grant To Study Oil Shipments To BTC
- Azerbaijan Parliament Approves Zykh-Govsany PSA
- Muglad Block Now Producing At 225,000 B/D V
- US Congress Reschedules ILSA Vote
- US-EU Agree To Disagree Over Kyoto Protocol
- Yemen’s Parliament Approves PSAs With Nexen And Oxy
- Sonatrach Launches EPC Tender To Upgrade Pipeline Pumping Stations
- Mehdi Varzi Starts Energy Consultancy
Financial & Banking News
- QAFCO To Raise $400Mn Through Six-Bank Consortium
- Oman’s $349Mn Barqa Facility Goes To General Syndication
- Investcorp Set To Secure $450Mn Syndicated Loan
- Dallah al-Baraka And TII Unite To Form $300Mn Global Islamic Financial Group
- Lebanese Cabinet Approves Draft Law To Introduce 10% VAT
- Moody’s Puts BMB’s Ratings On Watch For Possible Downgrade
- Moody’s Reviews Three Lebanese Banks for Upgrade
- S&P Lowers Lebanon’s Local Currency Rating to B+; Outlook Revised to Negative from Stable
- World Bank Approves $97.6Mn For Morocco And Discusses New Assistance Strategy
- Middle East Public Private Investment Conference Scheduled For 18-19 September