Issue 03
Oil News
- Crude Prices Rise As Market Discounts Two Of Three Iraq/Venezuela Scenarios
- OPEC Acts To Assure Markets Of Adequate Oil Supplies
- Russian Delegation Seeks To Consolidate Oil Ties With Baghdad Despite War Threat
- Ministerial Resignation, Prospect Of More, Deepen Political Crisis
- MOUs Signed With Iran For Gas/Water Imports; Continental Shelf Talks Under Way
- Chiyoda/Foster Wheeler Win EPC Contract For OLNG Third Train
- Novus Announces Preliminary Tibat-1 Test Results In Block 8
- Sonatrach Announces Downstream Expansion Plans For 2003-07
- AEC Tender For 600-800MW Skikda IPP To Close Late January
- Algeria Joins IEA Implementing Agreement On Renewable Energy
- Egyptian Crude Output Edges Lower In 2002
- BP Awarded Gulf Of Suez Exploration Blocks
- POGC Requests Revised Bids For South Pars Phases 11 And 12 Development
- NIOC Awards Support Vessels Contract To Sadra
- EIA Forecasts Demand Growth Of 1.3Mn B/D In 2003 And 1.4Mn B/D In 2004
- Middle Distillate Quality Key For Middle East Refiners, Says FACTS
- Crude Oil Formulas/Posted Prices ($/B)
- Venezuela Government And Opposition Provide Different Production Figures
- Pakistan Seeks Extension Of Saudi Deferred Payment Crude Import Deal
- Vela Takes Delivery Of Two More VLCCs
- Ivanhoe Plans To Incorporate Japanese Partner Into Proposed GTL Project
- Syria/Russia In Nuclear Plant Negotiations
- ABB Wins $35Mn Contract For Six Power Substations
- Medex Petroleum’s Didon-4 Well Tests 3,200 B/D
- US To Equip And Finance Georgia’s BTC/SCP Security Battalion
- Dragon Reports Lam Field Production At 15,000 B/D At Year’s End
- Hurricane Crude Production Reaches 136,000 B/D In 2002, Targets 165,000 B/D For 2003
- CPC Agrees To Ship Karachaganak Liquids
- Arab Energy Consumption Rises To Over 7Mn BOE/D In 2001
- Turkey’s New Energy Minister Outlines Policies At December Forum
- Turkey Plans To Raise $4Bn Through Privatizations During 2003
Financial & Banking News
- New Project Finance Director Weighs Financing Options For Dolphin
- Oil Demand To Grow At 0.6% In 2003, Says Salomon Smith Barney
- Sonatrach Concludes Framework Financing Agreements For €3.2Bn With Eight Banks
- Yemen Budget Deficit To Widen 29% To $366Mn In 2003
- KIA Announces New Appointments
- Oman 2003 Budget Based On $20/B Oil Price
- BMA Investigates Irregularities In Credit Facilities At Bahraini Saudi Bank
- Egypt Arrests Former Bank Of Cairo Head On Corruption Charges
- Saudi Development Fund To Lend Sudan $150Mn For Merowe Dam
- ADB Signs $120Mn Telecoms Loan With Algeria
- ADB Approves $77Mn To Finance Algerian Bypass Road
- AFESD Agrees $14.7Mn Loan With Oman For Khasab Port Development
- EIB Grants Morocco €120Mn Loan For Spanish Power Link
- KFAED Signs $35Mn Loan With China For Highway Construction
- World Bank Grants Tunisia €80.1Mn Loan
- Yemen Invites Bids For Hodeidah Water Supply System Improvements
- Lebanon Holds Public Auction For Privatization Of Mobile Networks