Issue 02
Oil News
- Iraqi Oil Industry In 2002: A Turning Point
- OPEC Output Reduced For 4th Consecutive Month, Down 3.1% Year-On-Year For 2001
- Crude Market Distorted By Short-Covering And US Demand Weakness
- Saudi Aramco Raises Most Crude Contract Prices For February Delivery
- Crude Oil Formulas/Posted Prices ($/B)
- EIA Predicts 1.3Mn B/D Oil Demand Growth In 2003EIA Predicts 1.3Mn B/D Oil Demand Growth In 2003
- Start-Up Under Way At TotalFinaElf Sincor Extra-Heavy Crude Project In Venezuela
- Petro-Canada To Invest Up To $3.8Bn In 10-Year Oil Sands Project
- Naimi Presents Main Planks Of Kingdom’s Oil Policies Naimi Presents Main Planks Of Kingdom’s Oil Policies
- Egyptian Crude Output Stabilizes In 2H 2001 As Gas Output Growth Continues
- BOOT Option Dropped For Large-Scale Nubariyah Power Project
- Apache Announces Two Drilling Successes In Egypt
- NIOC And Shell Target Niche Markets With Soroush Crude
- Iranian Gasoline Consumption Expected To Rise 5% This Year
- Qatar/ExxonMobil Sign MOU With Bahrain For Natural Gas Supply
- Qatar/Pakistan/Crescent Petroleum Form Commission For Planned GUSA Pipeline Project
- 'Attiyah Rules Out Use Of Oil As Weapon Against Israel
- A Further Reshuffle At Iraqi Oil Ministry
- Bush Extends Libya Sanctions For One Year
- Libya Hikes Gasoline, LPG Prices
- UAE And Oman Sign MOU On Power Link-Up
- Nexen Says Production Target For Masila Block 14 In 2002 Is 230,000 B/D
- Yemen’s GCC Membership “At Least 10 Years Away”
- Turkish Parliament Approves New Tender Law
- HSBC Expects Turkish Product Demand To Rise In 2002
- Bush Administration Launches Freedom CAR Research Program For Auto Fuel Cells
- Israel Electric Set To Report Major Financial Losses For 2001
- CNPC To Take 30% Stake In Onshore Kursangi-Garabagli Field
- Georgia Ratifies Shah Deniz Pipeline Agreement With Azerbaijan
- Lebanon Facing Power Cuts After Non-Payment Of Syrian Electricity Bill
- Kuwait International Petroleum Exhibition In February
Financial & Banking News
- SABIC’s Jubail United Petrochemical Company Secures $1.154Bn
- Saudi Polyolefins Company Secures $280Mn From Mainly Regional Consortium
- Dolphin Officially Announces CSFB As Financial Advisor
- Libya Devalues Dinar By Half, Attempting To Unify Foreign Exchange System
- NBK Launches Comprehensive Online Corporate Banking Service
- Oman Releases Conservative $7.5Bn Budget With $18/B Oil Price Assumption
- President Khatami Announces Draft Budget Based On Unified Exchange Rate
- Syria Government Approves $7.1Bn 2002 Balanced Budget, With 14.3% Capex Increase
- Capital Intelligence Assigns Jordan Investment Finance Bank Ratings
- Kuwait Fund To Decide Early February On $150Mn Loan For Egypt-Jordan Gas Pipeline
- MEED Asset Management Conference To Be Held In Bahrain On 29-30 January