Issue 05
Oil News
- No Evidence Thus Far Of Mining Of Iraqi Oil Wells
- Market Tension Continues To Keep Prices High
- Egypt Moves Ahead On Phase One Of Petrochemicals Master Plan
- Cabinet Reshuffle Scheduled For 4 May
- Shura Council Recommends Opening Gas Development To Saudi/International Firms
- Private Power/Water/Sewerage Company Established
- Venezuelan Production Rises As OPEC Members Blame War Jitters For High Prices
- Additional Gulf Insurance Premiums For Tankers Reflect War Fears
- Saudi LPG Prices Increased As Market Continues To Tighten
- Crude Oil Formulas/Posted Prices ($/B)
- Lehman E&P Survey Predicts A 4.2% Spending Increase In 2003
- DrKW Predicts 1mn B/D Oil Demand Rise In 2003
- ABN AMRO Sees Continuing Crude Price Support From Iraq And Venezuela
- Technip-Coflexip Wins $675Mn EPC Contract For QP/Sasol ‘Oryx’ GTL Project
- Dolphin Mandates Mitsui To Procure Gas Pipeline
- Iran And India Sign LNG MOU
- NIOC Discussing Enhanced Recovery Studies With Six International Firms
- NPC Plans Tender For Greenfield Polyolefins Plant At Ilam
- Shaikh Zayid Ratifies Second And Final Border Agreement With Oman
- India’s Dodsal Awarded Gas Pipeline Project
- UAE To Extend Credit Facility For Oil Supplies To Pakistan
- PGS Reaches Final Agreement On Atlantis Sale To Sinochem For $105Mn
- Emarat/BP/Trafigura In Jebel Ali Gasoline Venture
- Spectrum Concludes Seismic Survey On Lebanon Offshore
- Syria Agrees To Cut Gas Price For Deliveries To Lebanon
- Samir Mohammedia Refinery Operating At 60% As Repair Work Continues
- Anadarko Announces New Oil/Gas Find On Berkine Block 404
- AEC Receives Technical Bids For Skikda IPP
- Fusion Updates On Mauritania, Western Sahara Operations
- Capital Oil And Gas Signs MOU For Blocks 37 And 39
- Israel Electric Forced To Review Development Spending After Moody’s Downgrade
- Cyprus Opts For LNG Over Pipeline Gas Imports From Syria
- CGES To Hold Seminar On New World Oil Market Structure
- Correction: ‘The Iraqi Economy: Past, Present and Future Options’
Financial & Banking News
- Egypt Adopts Floating Exchange Rate As War Fears Grow
- Venezuela Realizes 2002 Oil Price Of $22.18/B; Qatar 2003 Budget Based On $16/B
- Regional And Local Banks Play Increased Role In Gulf Project Finance
- AFESD Lends Yemen $101Mn For Marib-San'a Power Line
- SABIC Boosts 2002 Profits 60% To $758Mn
- NSCSA Records $21Mn Profit In 2002
- Syria Needs To Take More Measures To Attract Private Banks
- Dubai Launches $1.14Bn Jebel Ali Port Expansion Plan
- IWPC Invites Prequalification Bids For Siah Bishe Pumped Storage Project
- Fitch Assigns 4T Support Ratings To Moroccan Banks
- Jordan Receives US Aid, Loan From World Bank