Issue 42
Oil News
- Iraq Scales Back 2004 Oil Export Target To 1.6Mn B/D
- EC-Gazprom Settlement Over Destination Clauses Likely To Pressure Sonatrach
- Iraq Pushes OPEC Oil Production Higher For Second Consecutive Month
- Crude Prices Held Steady By OPEC Supply And US Heating Oil Stocks Concerns
- IEA Predicts 4Q Heating Oil Demand Recovery
- Ratification Procedure For Shell/Total/ Saudi Aramco Gas Joint Venture Being Finalized
- Saudi Aramco Allocates 160Mn CFD Of Natural Gas To NPIC Methanol Project
- Jacobs Engineering Selected As PMC For Saudi Aramco Gas Projects
- Riyadh’s Ninth Power Station Inaugurated
- SABIC Chooses Netherlands For New European Head Office
- Appointments And Assignments At Ministry Of Oil
- Congressmen Say Halliburton Overpaid By Bush Administration For Iraq Gasoline Imports
- US Senate Decides Half Iraq Reconstruction Aid Should Be A Loan
- CPA Issues Oil Distribution Code
- No Evidence Of Saddam Plan To Destroy Oilfields
- Shareholding Pattern Agreed For Olefins II Project
- KOC Picks Fluor For Consultancy Project
- Kuwait/US/GCC Consortium Given Go-Ahead For Anode Plant Project
- Iranian Officials Visit Statoil Headquarters To Probe Consultancy Deal
- Russia Announces Delays To Bushehr Nuclear Plant
- Karkheh Hydro Plant Inaugurated By President Khatami
- US House Votes Overwhelmingly For Syria Sanctions
- Eni Sells Medgaz Stake To Iberdrola
- Sonelgaz Announces Plans For New Power Stations
- KazMunaiGaz Selects Total As Strategic Partner For Offshore Kurmangazy
- Shell Criticizes Kazakhstan’s Pending Offshore PSA Legislation
- Kashagan Oil To Cost Around $7.50-$9.50/B
- Domestic Petroleum Subsidies Hitting Government Revenues Hard, Says US Report
- Alstom Wins €14Mn Electricity Control Center Contract For West Delta
- Egyptian/GCC Fertilizer Project Planned For Alexandria
- Fluor Wins GASCO Habshan EPC Contract
- Mitsubishi/Toshiba Win Jebel Ali ‘L’ Power/Water Contract
- UAE And Oman Formalize Final Border Agreement
- Libya Breaks Off Talks On UTA Compensation
- Israel Discusses Gazprom Proposal To Buy Excess Turkish Gas
- WPC Regional Meeting In Qatar In December
- International Energy Seminar In Japan In November
Financial & Banking News
- CPA Unveils Iraqi Budget For 2004-06 To Meet “Bare Minimum” Of Country’s Needs
- New Iraqi Dinar Goes Into Circulation On Schedule
- DFSA Distills Best International Practices To Formulate DIFC Laws And Regulations
- New Islamic Bank to Start Operations In Bahrain
- S&P Revises Outlook On Lebanon’s B-/C Ratings To Stable
- French Banks To Part Finance $105Mn Purchase Of Three Algerian LPG Carriers
- Venezuela’s 2004 Budget Based On Oil Price Of $18.50/B; Iraq 2004 Budget On $21/B