Issue 23
Oil News
- SOMO Tenders Storage Oil But No Regular Exports Until Early July As Looting Continues
- End Of The Road For Gas Initiative In Current Form
- Draft OSA/Development Plan For Project Kuwait Being Released To IOCs
- Crude Prices Steady As Traders Balance Positions Ahead Of OPEC Meeting
- Saudi Crude Prices Mainly Raised For July Deliveries
- Saudi LPG Prices Increased As Crude Tightness Spurs Demand
- Crude Oil Formulas/Posted Prices ($/B)
- Gulf Producers See No Threat From Caspian Production, Says Naimi
- Kvaerner Wins EPC Contract For SIPC/GACIC BDO Project
- JGC Wins Saudi Aramco Berri Cogeneration Plant Contract
- Herbish Nominated For Director-General Of OPEC Fund
- OPEC Deputy Ministers Discuss Market Strategy
- Impact Of Iraqi Oil Export Resumption Overstated, Says HETCO
- Halliburton’s Iraq Contracts Worth Almost $500Mn To Date, Claims Waxman
- Lukoil Defiant Over West Qurna Contract
- US Officials Call For Debt Relief For Iraq
- BP’s Lord Browne Says Importance Of Hydrocarbons Will Increase In Future
- BP Announces Major Gulf Of Suez Oil Discovery
- OLNG Signs Six-Year LNG Supply Deal With BP
- Occidental Awards Gas Expansion Contract To Dodsal
- Occidental To Raise Production At North And South Dome Fields To 140,000 B/D By 2005
- Toyo Engineering Wins Al-Khafji Development Contract
- 140% Rise In Sharjah Piped Natural Gas Supplies In 2002
- Pressure Mounts On Tehran To Allow Full IAEA Access To Nuclear Program
- Caspian Crude Swaps Capacity Reaches 50,000 B/D
- AIOC Announces Start Of West Azeri Offshore Pre-Drilling Program
- Hurricane Hydrocarbons Changes Name To PetroKazakstan Inc
- Turkey Opens Tender For Tupras Shares
- Work On Israel’s Gas Grid Halts As IEC Workers Oppose Draft Privatization Law
- Egypt To Host Middle East Gas Conference In October
Financial & Banking News
- Commercial Bank Sees Strong Qatari Economy Providing Further Growth Opportunities
- DIFC Publishes Draft Regulatory Law
- FDI To Arab Countries Constrained By Structural Weakness And Regional Instability
- Five Banks Sign Syndication Deal For Oryx GTL
- Moroccan Economy Stable But Poverty Remains Pressing Concern, Says IMF
- UAE Government Approves Standstill 2003 Budget
- Dubai’s First Sovereign Bond Oversubscribed
- Capital Intelligence Raises Rating For Arab National Bank
- World Bank Approves $180Mn Loan For Earthquake Recovery In Iran