Issue 26
Oil News
- Saudi Arabia To Brief Oil Firms On Gas Exploration Opening
- Qatar Targets 77Mn Tons/Year LNG Exports By 2010, 26Mn T/Y To US
- BP Sees Non-OPEC Producers Increasing Crude Supply At OPEC’s Expense
- Nigeria’s Obasanjo Re-Appoints Lukman Special Adviser On Oil And Energy
- Nigerian Labor Union Calls General Strike After Government Raises Fuel Prices
- Crude Prices Hold Steady Underpinned By US Stockdraw
- Crude Oil Formulas/Posted Prices ($/B)
- Iraqi Exports Under Term Contracts Not Likely Until Mid-July At The Earliest
- Oil/Gas Pipeline Sabotage Continues
- US Army Engineers Schedule Tender For Iraqi Oilfield Rehabilitation Work
- Libya Awards Upstream Package Two To RWE Dea
- Statoil Enters Algerian Gas Sector Through BP Share Transaction
- Sonatrach Agrees 20-Year Gas Sales Contract With Edison
- Japanese R&M Shakeout May Be Accelerated By METI, Warns FACTS
- US And EU Sign Cooperation Agreement On Fuel Cell Technology
- Saudi Arabia Produced Around 9.9Mn B/D Of Oil And Liquids In 1Q03, Says EIA
- SABIC On Target For 48Mn T/Y Production Capacity By 2010
- Domestic Gasoline Prices To Be Raised By 13% In 2007
- Alba To Acquire Share In And Manage Indian Aluminium Giant
- Lukoil Wins Two Gulf Of Suez Exploration Blocks
- Enel Acquires 50% Of Planned Brindisi LNG Import Terminal
- Marathon And QP Sign Letter Of Intent For GTL Project
- Iran Promises Improved Cooperation On Nuclear Program
- Lundin Petroleum Completes Sale Of Block 5A Stake
- Turkey Issues Privatization Tender For Tupras
- JAOC To Withdraw From Azerbaijan Later This Year
- China’s CNPC Discovers Oil In Azerbaijan’s Onshore Gobustan Field
- Two New Power Companies Formed In Abu Dhabi
- Support Grows For Transparency Initiative In Petroleum And Mining Sectors
- PUBLICATION RECEIVED
Financial & Banking News
- US Promotes Middle East Free Trade Initiative At World Economic Forum
- Iraqi Banks Seek 2-Year Amnesty From Foreign Competition
- Commentators Urge Creditors To Forgive Iraqi Debt For Compelling Economic, Financial Reasons
- Bush Officials Discuss Iraq Debt-Relief Plan; IMF Position Undefined
- UN Appeals For Further $260Mn For Iraq
- US Firm Wins $48Mn Contract To Rebuild Iraqi Army
- SABIC Profits Climb 60% To $760Mn In 2002
- Apicorp Signs $70Mn Equity Financing Facility For EGAS
- Saudi Arabia Continues To Face Economic Challenges, Says EIA
- Syria Cuts Interest Rates On Loans And Deposits
- Families Of 9/11 Victims Serve Notice To Defendants Accused Of Sponsoring Terrorist Attacks
- ABC Puts Banco Atlantico Up For Sale, Is Close To Selling Hong Kong Operation
- Bank Muscat $65Mn Bond Oversubscribed
- Moody’s Revises Morocco Sovereign Rating Outlook To Stable
- Japan Reschedules $202Mn Of Jordan’s Debt
- AFESD Lends Jordan $33Mn For Educational Development
- EIB Grants Tunisia €260Mn In Loans For Health-Care System; Development Of SMEs
- EIB To Grant Algeria €250Mn Loan For Post-Earthquake Reconstruction
- Egypt Secures $66Mn Loan From Japan