Issue 36
Oil News
- Iraqi August Exports Averaged 700,000 B/D With Production Capacity Rising To 1.95Mn B/D In September
- Historic Energy Cooperation Agreement Signed With Russia
- Upgrade For Preem’s Scanraff Refinery Approved
- New Petron President Named
- 'Ulum Chosen As Oil Minister
- Halliburton Oilfield Contracts In Iraq Worth More Than $700Mn To Date
- New US Funding Critical To Restoring Electricity Supply As Sabotage Continues
- Naimi Sees No Need To Change OPEC Oil Output Target At 24 September Conference
- Crude Prices Plunge $2/B On Hedge Fund Exodus And Bearish Stocks Data
- Saudi LPG Prices Increased Slightly For September
- Crude Oil Formulas/Posted Prices
- Middle East Producers To Continue MTBE Production And Use Despite US Concerns
- European Majors Competitive With Supermajors, Says DrKW
- Exploration Spending And Success Declining, Says Deutsche Bank
- ABB Wins ADWEA Power Expansion Contracts
- Mina Abdullah Refinery Unit Restarts After Maintenance
- ONGC Buys OMV Stakes In Blocks 5A, 5B For $115Mn
- South Pars Phases 4 And 5 Pipelaying Begins
- Drillpipe Tender Aimed At International/Iranian Joint Ventures
- IAEA To Contact Iran’s Nuclear Equipment Suppliers Over Contamination Claim
- Caspian Crude Production Averages 1.47Mn B/D For 1H 2003, Exports 1Mn B/D
- CNPC Acquires 35% Of Kazakstan’s North Buzachi Oilfield
- Privatization Administration Invites New Bids For Petkim
- CNPC Wins Contracts To Build New Sudan Pipeline, Expand Khartoum Refinery
- Ex-Im Bank Denies Camisea Project Loan, But IDB Loan Expected; Sonatrach Seeks Larger Stake
- Correction
- KIOGE 2003 To Be Held In Almaty In October
Financial & Banking News
- Bush Mulls Spending Plan As Frozen Iraqi Funds Dry Up, Reconstruction Costs Spiral
- CPA Selects JP Morgan Consortium To Manage Trade Bank Of Iraq
- Lucent Receives $25Mn Contract To Repair Iraq Communications Network
- Iraq Mobile Tender Awards Delayed
- Saudi ChevronPhillips Seeks Lead Arrangers For New Petrochemical Project And Refinancing
- IDB Fund Buys 23% Stake In Saudi International Petrochemical Company
- Qatar Petroleum 2002 Net Income Climbs After Slip In 2001
- Tunisia Weathers A Difficult 2002 And Looks Forward To Strong Growth In 2003, Says IMF
- SFD Reschedules $182Mn Of Jordanian Debt
- Moody’s Upgrades National Bank Of Abu Dhabi
- Moody’s Upgrades Jordan Banks Deposit Ratings Following Sovereign Upgrade
- Moody’s Withdraws Ratings Of Bahrain’s BMB, BIB
- ABC Selects HSBC In Key Foreign Exchange Arena
- More Details On KIA’s Financial Irregularities
- Algeria Adopts Amendments To Currency And Credit Law
- MTC-Vodafone And Motorola Sign Deal To Expand Kuwait Network
- Lucent’s Saudi Operations Under Investigation By SEC, US Department Of Justice