Issue 25
Oil News
- OPEC'S FAILURE TO AGREE ON QUOTAS CASTS DEEP SHADOW OVER OIL MARKETS
- RESTABILIZATION OF OIL MARKET STILL DEPENDS ON NON-OPEC COOPERATION, SAYS YAMANI
- IRAQ WANTS 13.1% SHARE OF OPEC PRODUCTION
- Iranian Oil Minister Cites Iraq and Venezuela as Main Obstacles to OPEC Agreement
- Oil Minister Denies Any Omani commitment to Reduce Production
- Soviet Press Attacks West on Oil Prices
- EEC Ministers Reject Energy Tax
- GATT Warns Against Complacency on Lover Oil Prices
- Cheap Oil Means End of US Energy Advantage
- Iraq Attacks Three Iranian Energy-Related Facilities
- Total Group Makes Significant Oil Discovery Off North Sinai
- Umm al-Quwain Studies Aluxinium Smelter Project
- ADMA-OPCO Reports Three Discoveries in 1985
Financial & Banking News
- Financing Petroleum Projects Gets Harder
- ABC's Saudi Warns of Arab Debt Crisis
- SIB Pretas Profits Drop 18%
- TAIC Profits Drop 53%
- Mexico Retreats on Debt Demands
- Lutfi Announces Austerity Measures to Counter Fall in Egyptian Oil Revenues
- IDB Lends $86.9mn, Approves $142.2mn in Aid
- AFESD Lends Iraq $30.89mn
- KFAED Lends $31.lun for Tunisian Rural Development Program
- Kuwait Donates $30mn in Food Supplies to Egypt
- AKF Lends Morocco $6.5mn
- Canada Grants Egypt $14.41mn for Construction of Grain Silos
- Holland Grants North Yemen $24mn
- West Germany Grants $2.35mn to Jordan