Issue 16
Oil News
- SAUDI ARABIA TARGETS 3MN B/D FOR NETBACK SALES
- IRAQI RAIDS DELAY INSTALLATION OF IRAN'S SBM OIL EXPORT FACILITIES
- ANY PRICE WAR WOULD BE SHORT-LIVED SAYS KUWAIT'S 'ALI KHALIFAH
- Yamani Warns Prices Could Go Below $15/B
- Nigeria Improves Terms for Equity Holders
- Venezuela Expands Downstream Involvement
- Kuwait Oil Minister to Visit USSR
- Reagan Rules Out Tax on Oil Imports
- Moves to Form Organization of African Oil Producers
- UK Oil Production Down in December
- SABIC and GCC Criticize New Tariffs on Petrochemicals
- Saudi Businessmen Set Up Petrochemicals Investment Company
- Suco's Output now Averaging 135,000 b/d
- Ras al-Khaimah LPG Plant to Be Commissioned in April
- Cylingas to Build Storage Tanks for Dubai Lube Plant
Financial & Banking News
- Falling Oil Price Will Put Pressure on US Banks
- Japanese Pull Out of UBAN as Losses Mount
- IBI Group Acquires Banque Wedge Banque
- NCB Profits Drop
- ABC Wins Turkish Dam Mandate
- Instituto de Credito Official:
- Ministry of Equipment and Housing, Tunisia
- Arab Banks Co-manage Seven Bond Issues