Issue 29
Oil News
- Markets Well Balanced As IEA Slashes Demand Forecast
- UN Scrutinizes SOMO Prices As Most Iraqi Crude Goes To US In July
- Bush Administration Endorses $25/B OPEC Basket Oil Price Target
- OPEC 10 Output Continued To Rise In June
- QP And Sasol Sign Joint Venture Agreement For First Middle East GTL Project
- Fresh Modifications To Draft Hydrocarbons Law
- Rhourde El Baguel Output Now At 40,000 B/D As EOR Program Continues
- Kuwait And AOC Sign MOU For Talks To Explore New Operatorship Role In Neutral Zone
- Parliament Investigates KPC Investments
- Government And IOCs Target 16 December As Date For Gas Initiative Draft Agreements
- BP Unveils BTC Project Structure
- NIOC And JNOC Agree $20Mn Azadegan Survey As Partnership Talks Broaden
- Iranian Production Capacity Diminishing By 300,000 B/D A Year
- Iranian Government Rejects Merger Of Oil And Energy Ministries
- Iran To Investigate Buybacks Fraud Allegations
- Second US House Committee Endorses Five-Year ILSA Extension – Subject To Review
- Saudi Aramco Reduces August Volumes To Western Customers As Iraqi Exports R
- Crude Oil Formulas/Posted Prices ($/B)
- EIA Further Reduces 2001 Oil Demand Growth Forecast To 1.2Mn B/D
- OPEC Must Produce Extra 1.5Mn B/D In Fourth Quarter As Economy Recovers, Says JP Morgan
- Turkey Plans Further Privatization Of Tupras
- Government Hikes Gasoline, Diesel And LPG Prices
Financial & Banking News
- EFG Hermes And CIIC Close To Finalizing Strategic “Share Swap” Deal
- Oman LNG Achieves Financial Completion On $2Bn Facility, Seeks To Refinance
- APICORP Mandated For $104Mn Senior Term Loan Facility For Egypt’s GASCO NGL Project
- IDB Signs $46Mn Facility With Sonatrach
- Al-Ahli And Commercial Bank Of Bahrain To Complete Merger Within Two Months
- NCB Reports Operating Profit Growth Of 38.2% For 1H 2001 But Still No Net Profit Figures
- Samba Sees 13% Rise In Net Profits For 1H 2001
- NBK Reports 12% Rise In 1H Profits For 2001
- NBK Reports 12% Rise In 1H Profits For 2001
- UNCTAD Launches New Technical Assistance Projects For Palestinians