Issue 49
Oil News
- Security Council Renews Oil-For-Food Program, Pledges To Revise Iraqi Sanctions Next June
- Crude Prices Driven By Russia Hopes And Iraq Concerns
- Saudi Aramco And KPC Cut LPG Prices For December As Market Weakens Further
- Crude Oil Formulas/Posted Prices ($/B)
- OPEC Policy Is To Preempt Market Collapse Says Muhanna
- Russia Will Cut Without Conviction, Predicts DKWR
- OPEC Will Have To Fight For Market Control Says HSBC
- Iranian Conservatives’ Targeting Of Zanganeh And Petropars Threatens Buyback Progress
- TotalFinaElf Awards $200Mn Doroud Onshore Facilities Contract To Petrofac
- CPC Pipeline Inaugurated As First Dedicated Caspian Export Route
- Venezuela Starts First Production From Extra Heavy Hamaca Oilfield
- ADNOC Postpones Deadline For Proposals On Equity Stakes In Zadco
- Shuweihat CMS International Power Company Being Formed
- Algeria Seen Retaining Majority Stake In Sonatrach Until Regulatory Framework Strengthens
- Five Bidders Selected For Sohar Refinery, BP To Buy All Non-Domestic Products
- Yam Thetis Negotiating 11-Year Gas Sales Deal With IEC
- Crude Unit At Ahmadi Refinery To Close For 70 Days, Ahmadi Back To Full Capacity 4Q 2002
- Centurion Releases Test Results For Sherbean-1 Well In Nile Delta
- Cyprus Issues EPC Tender For Larnaca Refinery Upgrade
- Pan American Energy/US Reduction Sign MOU For Oil/Gas Exploration In Blocks 16 And 62
Financial & Banking News
- Attempts To Prop Up Egyptian Pound Create New Concerns About Economic Management
- Equate Secures $900Mn Refinance Package
- Jubail United Petrochemical Seeks $1.15Bn
- Kuwaiti Crude Set To Average $19-20/B In FY2001-02 With Deficit Of KD152-272Mn, Says NBK
- IMF Sees 4.5% Regional Growth In 2001 But Also External And Domestic Pressures
- Libyan Finance Minister Jailed On Corruption Charges
- Poverty In Yemen Climbing As Employment Fails To Keep Pace With Labor Force Growth…
- Kuwait’s NBK And KFC Lead Manage NIG’s KD35Mn Domestic Bond
- Fitch Assigns BBB+ And F2 To Burgan Bank
- Fitch Affirms And Assigns Arab Jordan Investment Bank Ratings