Issue 30
Oil News
- Iraq Targets 2.8Mn B/D Oil Production Level By April 2004 – If Security Prevails
- IOCs To Bid For Three Gas Blocks In Former CV 1 Package
- SABIC European HQ Moves To The Netherlands
- KPC To Formally Accept Consortia Bidding For Project Kuwait By End-August
- Small Fire At Shu΄aiba Refinery Disrupts Production
- OPEC Unlikely To Change Output Quotas
- OPEC Unlikely To Change Output Quotas
- Japanese Power Generation To Rely Less On Fossil Fuels, Says FACTS
- SOMO Awards Term Contracts For Basrah Light, Sets August Prices
- Crude Oil Formulas/Posted Prices ($/B)
- Jordan Oil Aid Agreement Renewed Until 20 September
- Jordan PM Reshuffles Cabinet After Parliamentary Elections
- US Abandons Idea Of Oil Advisory Board
- Government To Sell 65% Of New Power Transmission Company
- Fitchner Wins PMC Contract For Second Fujairah Power/Water Project
- ENOC Orders Four Products Tankers From Hyundai
- Iranian Crude Exports Average 2.346 Mn B/D For 1H 2003
- IEC Starts Talks With Yam Thetis On Additional Gas Sales
- ABB, Sarpi Awarded $90Mn Berkine Surface Facilities Contract
- Algeria/Tunisia JV Wins Kaboudia Offshore Block
- Azerbaijan, Georgia And Turkey Sign Security Protocol For Energy Corridor
- Woodside To Drill Four Mauritania Offshore Wells In 2H 2003
- AICC To Hold Iraq Reconstruction Conference In Amman In August
- MEGAS 03 Gas Summit In Cairo In October
Financial & Banking News
- UAE Banking Sector Sees Continuation Of Positive Results In 2002
- GIB Posts $61.5Mn Profits For First Half 2003
- Government Debt Servicing Still Pressuring Lebanese Banks, Says Moody’s
- CPA Sets Up Trade Bank Of Iraq To Revive Ailing Economy
- Judge Issues Temporary Restraining Order On $653Mn In Iraqi Assets Held In The US
- SABIC Records $851Mn Profit In First Half 2003
- Fitch Upgrades Rating On Ahli United Bank London Subsidiary To B/C
- AFESD Gives Syria $73Mn Loan For Power Project
- EIB Gives Jordan $45Mn Loan For Educational Reform
- IMF Completes First Review Of Jordan’s Stand-By Arrangement
- US Grant Of $20Mn To Palestinians