Issue 11
Oil News
- OPEC Stresses Commitment To Supply, Watches For Developments
- OPEC February Output Surges 8.6% To 27.9Mn B/D
- Iraq File
- Oil Prices Slide As UN Wrangling And Warmer Weather Spark Profit-Taking
- Crude Oil Formulas/Posted Prices ($/B)
- IEA Estimates Spare Capacity At 900,000 B/D
- EIA Reduces Near-Term Demand Expectation
- BG Leads European Integrateds On Reserve Replacement, Says ABN Amro
- Lockerbie Responsibility/Compensation Deal Said To Be Close
- Iranian Crude Exports Fell 7.6% In 2002 To Average 2Mn B/D
- Iran’s Nuclear Intentions Questioned By US
- Oil Ministry Envisages $42Bn Investment Over 20 Years In Strategic Development Plan
- Al-Shu'aiba Phase 2 Power/Water Project Inaugurated; Private Water Project Talks To Start
- JGC Selected For Bab Expansion EPC Contract
- ADNOC Launches Natural Gas Vehicle Pilot Project
- Novus Says Tibat-1 Gas Discovery Still Not Commercial
- BG Sells Kashagan Holding To China’s CNOOC And Sinopec
- TCO Reconfirms Fluor/Parsons As Prime Contractor For Second Generation Project
- New Investment Rules Set By Kazak Energy Ministry
Financial & Banking News
- Financing Capacity Becoming An Issue For Arab Energy Projects
- Oman Seeking Lead Arrangers For Sohar Refinery Project
- Algeria Passes $21.44Bn Budget For 2003 With $3.25Bn Deficit
- IMF Commends Algeria’s Economic Progress, But Need For Fundamental Reform Remains
- Nigeria’s 2003 Budget Based On $22/B Oil Price
- Investcorp Announces Shareholding Rationalization Plan
- IDB Approves $325Mn Financing; $41Mn Loan To Morocco
- IDB Grants Algeria $60Mn Loan For Phone Network