Issue 49
Oil News
- OPEC Reviews Three Options For 12 December Meeting
- Iraq Under Siege
- PDVSA Declares Force Majeure As General Strike Hits Crude And Products Shipments
- Venezuela Now Excludes Syncrude From OPEC Quota
- Energy Charter Announces Dialogue With OPEC
- Crude Prices Edge Higher As Venezuela Strike Hits Exports
- Saudi LPG Prices Carried Over In Anticipation Of Strong Demand For January
- Crude Oil Formulas/Posted Prices ($/B)
- EIA Predicts Oil Demand Will Exceed 123Mn B/D By 2025
- SPC Approves AOC Agreement
- Security Council Agrees On 180-Day Oil-For-Food Program Rollover
- Caspian Crude Exports Near 1Mn B/D At End Of 3Q
- TCO Fined $70Mn For Environmental Violations Due To Sulfur Storage
- Apache Makes New Deepwater Gas/Oil Find In Nile Delta
- Iranian Oil Exports Fell By 5.9% To Average 2.17Mn B/D In 2001
- Iran Applies For Energy Charter Observer Status
- Petronas Acquires 30% Stake In Munir Exploration License
- Algeria Makes Progress On Gas Export Pipelines To Italy
- Oman Plans LNG Fleet Of Up To Six Vessels
- Omani/Turkish Consortium Wins Sohar Cooling System Contract
- Uhde Preferred EPC Bidder For SIUCI’s Sohar Fertilizer Project
- European Firms To Study Proposed Turkey-Austria Gas Pipeline
Financial & Banking News
- Saudi Arabia Approves $55.7Bn Budget With $10.4Bn Deficit For 2003
- Kuwait Government Withdraws $5Bn From RFFG Without Legal Authorization
- QP-Sasol GTL Project Financing To Act As Benchmark For Future GTL Deals
- Syndication For SABIC DSM Acquisition Loan Expected To Close End December
- SADAF Appoints Lead Arrangers For $650Mn Loan
- US Welcomes Latest Saudi Pledge To Eradicate Terrorism Financing
- Bank Of Beirut Raises $55Mn In Preferred Shares
- KFH Opens Branch In Bahrain
- BMA Issues Licenses For Three Banks
- KFAED Lends Egypt $97Mn For First Stage Of Nubariyah Power Project