Issue 20
Oil News
- OPEC MAY INVITE NON-OPEC EXPORTERS TO MEETING AFTER MARCH CONFERENCE IN GENEVA
- OPFC Hard-Liners Call for Return to Status Quo Ante
- BP and Shell to Raise Saudi Wetback Liftings to 300,000 b/d to Help Offset Saudi Purchase of British Warplanes
- Mitsui Signs for 50,000 b/d of Saudi Netback Crude
- Yamani to Visit South Korea and Japan
- Mexico Slashes Prices for February
- Soviet Oil Exports to Eastern Europe to Rise Slightly in Next Five Years
- Oman and Malaysia Would Back Market Stabilization Effort
- Algerian Press Attacks Saudi Arabia
- US Pressures Norway Not to Cooperate with OPEC
- Suharto to Discuss Oil Prices with Reagan
- UK Opposition Steps up Calls for Talks with OPEC
- Iraq Recaptures Giant Majnoon Oilfield
- Turkey Purchases Netback Crude from Iraq
- Kuwait Concludes Netback-Priced Crude Supply with Taiwan
- Modernization Project of Mina al-Ahmadi Refinery Inaugurated
- Kuwait Lowers February LPG Prices by $10/Ton
- New Government Upholds Oil Agreement with North Yemen
- Qatar Signs Production Sharing Agreement with Amoco
- Tomen Signs up for 20,000 b/d of Sirri Crude
- Libya and Bulgaria Sign Oil Barter Agreement
- Sharjah's LPG Plant to Start Test Production in June
- Chevron to Continue Its Exploration and Development Activities in the Sudan
- Gulf Aluminum Rolling Mill Inaugurated
- Seminar Discusses Challenges to Arab Petrochemical Industry
- Correction:
Financial & Banking News
- Kuwaiti Parliament Criticizes Finance Minister's Proposals
- Abulhasaan Edges Towards Formal Bankruptcy
- BIB Profitability Improves Further
- NBD Doubles Reserves
- EAB to Wind Down Operations
- Kuwait to Cut Spending
- Majlis Expects 36% Revenue Shortfall in Iran
- AFESD Lends Algeria $22.7mn
- BADEA Lends Benin $8mn
- Saudi Arabia and Agfund Grant $2mn for Educational Projects
- FAO and IFAD Allocate $66mn to Sudan
- Switzerland Lends Tunisia $30mn
- EEC Lends Egypt $27mn