Issue 04
Oil News
- Crude Prices Rise And Fall As Markets Follow Iraq And Supply News
- Lukoil Fails To Secure West Qurna-2 Concession
- Prince Sa'ud Talks Of Agreements On CVs 1 And 3 Within Weeks; Companies Less Optimistic
- US Would Hold Iraqi Oil ‘In Trust For Iraqi People’ After Regime Change
- Phase One Of Arab Gas Pipeline 80% Complete, Says EGAS
- Edison Taking Advice On Selling Egyptian Gas Assets
- ELNG Partners Build Case For Fast Track Approach To Third Train
- Details Of Proposed Iran Gas Import Scheme Under Study
- $1.1Bn Q-Chem Project Inaugurated
- Dolphin Shortlists Four Bidders For Onshore EPC Contract
- Uhde Wins QAFCO Expansion Contracts
- NIOC Tenders For Eight New Exploration Projects And South Pars 9 And 10 Management
- Shell Sells Soroush/Nowruz Stake To Japanese Consortium
- Oil Platforms Case To Be Heard By ICJ Beginning Mid-February
- NIOC And GAIL Sign Gas Cooperation MOU
- Chavez Claims Gains Over Strikers As Opposition Says Crude Output At 812,000 B/D
- Venezuelan Capacity Will Be Reduced By Strike, Says IEA
- Nigeria To Request Higher OPEC Quota At ‘Appropriate Time’, Says President Obasanjo
- Crude Oil Formulas/Posted Prices ($/B)
- IEA Sees Oil Demand Gathering Momentum
- China Crude Imports Average 1.39Mn B/D During 2002
- CGES Warns Of Continuing Market Volatility
- Claude Mandil Elected As IEA Executive Director
- OMV Announces Purchase Of Preussag’s International E&P Portfolio
- Syria Shortlists More IOCs For Upstream Negotiations
- Russia Retracts Commitment To Help Syria Develop Nuclear Industry
- Turkey’s Privatization Administration Tenders 51% Of Petkim
- Tractebel Signs $200Mn LNG Supply Deal
- Kazakstan Adopts New Investment Law
- Technip-Coflexip To Proceed With Turkmen Diesel Plant
- Kazakstan Approves Development Plan For Alibekmola Oilfield
- First Tenders For Emirates National Grid Project In Mid-2003
- Takreer To Supply MTBE To Dugas
- Iranian Firm Awarded EPC Tender For Larnaca Refinery Upgrade
- Nexen To Help Strengthen Ash-Shihr Oil Terminal Security
- PUBLICATION RECEIVED
Financial & Banking News
- Bahrain $500Mn International Eurobond Oversubscribed Despite War Tension
- Alba To Secure $1.55Bn In Expansion Finance
- Bahrain’s Financial Sector Grew To 327 Institutions In 2002
- Three Bahrain Banks Offer Support To Bahraini Saudi Bank
- Dubai Issues 5-Year Bonds Worth $410Mn
- Iraq’s Economic Future In The Post-Saddam Era
- UNCC Pays Out $598Mn; Iraq Criticizes $51Bn Environmental Claim Procedure
- Saudi Arabia’s Oil Price To Average $22/B In 2003 Says SAMBA
- Saudi Shura Council Rejects Expatriate Income Tax
- Iran’s External Debt Rises Again
- Radwan Advocates Three-Pronged Strategy To Tackle Egyptian Unemployment
- SAFCO Profit Down By 57% In 2002
- AFESD Lends Egypt $98Mn For Nubariya Power Project
- AFESD Loans Libya $91.5mn For Al-Zawiya Power Station Project
- EIB Lends Morocco €20Mn For Water Projects
- Libya Invites Tenders For Water System Construction And Maintenance
- IFC Commitments To Middle East And North Africa Total $137Mn In 2002
- Fitch Affirms Lebanon’s Sovereign Rating And Stable Outlook
- S&P Affirms Tunisia Sovereign Ratings And Stable Outlook
- NBK 2002 Net Profit Climbs 3.8% to $355Mn