Issue 51/52
Oil News
- SOMO Plans Floating LPG Storage In Gulf As Product Shortages Worsen
- Bush Thinks Halliburton Overcharged US For Iraq Fuel; Focus On Kuwaiti Subcontractor
- LNG Destined For Substantial Role In North American Gas Supply, Says Jensen
- Crude Prices Buoyant As Demand Strengthens
- Crude Oil Formulas/Posted Prices
- Azadegan Talks Continue As Latest Deadline Passes
- Iran Signs IAEA Additional Protocol
- NPC Reports Start-Up Of Aromatics-3 And Engineering Polymers Units
- Halliburton’s Iran Operations Under Renewed Shareholder Pressure
- Khelil Sees Slow Progress On Euro-Med Energy Partnership
- Algeria Awards Five Upstream Blocks In 2003 Bid Round
- Algeria Oil Export Facilities Reach 2Mn B/D After OZ2 Pipeline, Arzew Port Expansions
- Saudi Aramco To Launch Four IPP Projects
- SNC-Lavalin/Jacob In Phosphate Development Study
- Kuwait And Iran Sign Water Supply Agreement
- Apache Signs MOU With EGPC/EGAS For Development Of Offshore West Mediterranean Block
- Uhde Set To Win Libya’s Zawiya Refinery Upgrade Contract
- BP Publishes Terms Of AIOC’s Azeri-Chirag-Guneshli (ACG) PSA
- OAPEC Asks US Army To Leave APTI Facilities
- Walther Takes Up IEF Post In Riyadh
- President Bush Signs Syria Accountability Act
- Ghazayal Appointed To Head Syria’s Sytrol
- Borouge To Expand Capacity Of Ruwais Plant; New Projects Planned
- ENOC/Saudi Aircraft Refueling Joint Venture
- Six Companies Shortlisted For Sharjah Gas Plant Project
- UWEC To Supply Abu Dhabi With 90Mn Gallons/Day Of Desalinated Water
- Woodside To Abandon Dry Chinguetti-5-1 Well, Plans Additional Step-Out For Tiof Discovery
- KPC Tenders Its 29% Share In Celanese AG
- Oman’s Barqa IWPP Project Inaugurated
- AMEC Is FEED Contractor For Oman’s Harweel Cluster Phase 2 Project
- Morocco And Spain Agree To Build Sub-Sea Rail Link
Financial & Banking News
- Saudi Arabia Forecasts $8Bn Budget Deficit For 2004, Realizes $12Bn Surplus In 2003
- Baker Receives Pledges From Iraq Creditors To Reduce and Restructure Debt
- Qatargas-2 Financing Moving Ahead
- Sohar Refinery Signs Loan After Successful Syndication
- Jordan’s Samra Wastewater Treatment Project Achieves Financial Close
- KOTC Reports $28.8Mn Loss; Recoups $92Mn In Embezzled Funds
- Middle East Bond Issuance Peaked At $5.9Bn, Says IMF Report
- BMA Grants Gulf Finance House License For Banking Subsidiary
- DIB Launches Islamic Shipping Company
- Moody’s Changes Qatar National Bank’s Outlook To Positive From Stable
- Capital Intelligence Upgrades Abu Dhabi Islamic Bank’s Financial Strength Rating
- Iran To Evaluate State Companies For Privatization