Issue 31
Oil News
- OPEC Again Leaves Quotas Unchanged But Future Challenges Loom
- Egypt, Jordan Inaugurate Phase 1 Of Gas Pipeline; Second Stage Consortium To Be Founded
- SOMO Signs Basrah Light Term Contracts With An Export Base Level Of Around 600,000 B/D
- Oil Sector Looting Costing $95mn/Week, Says USACE
- USAID Approves $680Mn Bechtel Plan For Iraq Reconstruction
- Oil Prices Edge Slightly Higher On Gasoline Stock Fall As OPEC Keeps Ceiling Unchanged
- Crude Oil Formulas/Posted Prices ($/B)
- No Prospect Of Significant Price Weakness Before End Of Winter, Says HETCO
- OPEC Caution On Output Due To Uncertainty On Iraqi Exports, Says SG Report
- WSJ Calls OPEC A “Club Of Thugs”
- Kuwaiti Firms With 100% Foreign Capital Could Carry Out Project Kuwait
- Kuwait Petroleum Italy Records €29.44 Profit In FY 2002-03
- Saudi Aramco Signs BOOT Contract For Rabigh Refinery Desalination Project
- Electricity/Water Company Takes Steps Towards Power/Water Privatization
- Technip Wins EPIC Contract For Sub-Sea Development Of Sapphire Field
- New Drilling Rig Inaugurated In Azerbaijan
- BP Azerbaijan Says Progress Being Made On All Projects
- Mohammedia Refinery Operating At Full Capacity
- Syria Ratifies Oude Field PSA With Tanganyika Oil
- Turkey And Russia Continue Blue Stream Talks As Shipments Resume
- Turkey Extends Bidding Deadline For Tupras
- Study Shows Oil Company Ethics Improving
Financial & Banking News
- CPA Unveils Iraqi Emergency Budget For Second Half 2003
- World Bank To Present Report On Iraq At October Donors’ Conference
- US Ex-Im Bank Finalizing Iraq Credit Program
- USAID Awards $9Mn Iraq Economy Contract To BearingPoint
- Population Growth Continues To Outstrip Economy In ESCWA Region, Survey Reports
- DIFC Appoints Chairman Of Dubai Regional Financial Exchange
- EIB Studies $200Mn Investment In Egyptian Oil And Gas Projects
- EBI Approves $63Mn Loan For DSC Tanker Purchase
- Saudi Investment Firm Signs Deals Worth $637Mn With Sudan
- AFESD Lends Tunisia $100Mn For Electricity Project
- EU Approves Restructuring Grants Worth €43Mn For Lebanon