Issue 18
Oil News
- Saudi Aramco To Increase Oil Production Capacity To 11-12Mn B/D By 2007
- Iraqi Oil Industry Sets Out On Long Road To Recovery
- Naimi Retains Oil Portfolio In Saudi Cabinet Reshuffle
- Two New Appointments To Saudi Aramco Corporate Management
- SAFCO, Uhde Discuss Fertilizer Project
- SEC Awards Contract For Dammam Transformer Station
- IEA Ministers Express Commitment To Energy Security, Promote International Cooperation
- Call On OPEC Higher Than Markets Think, Says Merrill Lynch
- Gulf Producers Hold All World’s Excess Oil Production Capacity, Says EIA
- Crude Prices Stabilize As OPEC Clarifies Intentions
- Saudi LPG Prices Reduced By Record Amount For May Delivery
- Crude Oil Formulas/Posted Prices ($/B)
- International Power Spells Out Umm al-Nar Power/Water BOOT Development Deal
- Newport News Shipbuilding Sells Stake In Abu Dhabi Shipbuilding
- Libya Formally Accepts Civil Responsibility For Lockerbie Bombing
- LG Construction Pulls Out Of Zawiya Upgrade Contract
- Occidental Petroleum To Sell Block 9 Gas To Oman Government
- Oman Signs Spectrum For Geological Study
- BTC Financing Taking Longer Than Expected
- Lukoil Announces Completion Of Sale Of AIOC Shares To Inpex
- CPC Approved By Russian And Kazak Commissions, Signs Fifth Shipping Agreement
- Legislative Council Approves First PA Cabinet
- Lundin Petroleum Sells Block 5A Interest To Petronas Carigali
- Turkey Halts Shipments Of Blue Stream Gas
- BP Awarded Three Gulf Of Suez Blocks, Red Sea Block In Egypt’s 2002 Bid Round
- Melrose Resources Tests South Mansoura-1 Gas Well
- Suez Canal Transit Rates Remain Unchanged In 2003
Financial & Banking News
- Paris Club Embarks Upon Assessment Of Iraq’s Debt
- Falling Provisions Boost Oman’s Banks, But Bad Debts Remain High
- Syria To License Three Foreign Banks
- Sheibany Appointed CBI Governor
- 'Abd al-Latif Jouahri Appointed Head Of Moroccan Central Bank
- S&P Revises Lebanon Outlook to Positive From Stable
- Fitch Assigns A rating to HSBC Bank Middle East
- KIPCO $46.8Mn Bond Issue Oversubscribed
- Saudi Investment Chief Criticizes High Tax On Foreign Firms
- IDB Approves Loans Worth $661Mn; Further $70Mn For Iran Copper Project
- AFESD Lends Egypt $200Mn For Electricity And Education Projects
- ADB Lends Morocco €110Mn For Health Program
- World Bank Approves $95Mn Loan To Algeria To Boost Employment
- OPEC Fund Approves Loans Worth $52Mn
- Saudi Arabia To Transfer $15.4Mn To PNA