Issue 11
Oil News
- Crude Prices Rangebound On Conflicting Supply/Demand Signals
- Investment Funds Overriding Effect Of Fundamentals On Market, Says SG
- Libya Revives Post Of Energy Minister, Badri Heads NOC Again
- Lukoil, Sinopec And Eni/Repsol Sign Saudi Gas Contracts
- Crude Oil Formulas/Posted Prices
- OPEC Secretariat Officials Visit Member Countries To Improve Energy Data Provision
- IEA Raises 2004 Oil Demand Growth Forecast To 1.65Mn B/D
- EIA Forecasts Global Oil Demand Increase Of 1.4Mn B/D In 2004
- Middle East Crude To Meet New Asian Demand In This Decade, Says Shell’s Lee
- Middle East Products Demand Growth Led By Iran, Says FACTS
- Saudi Arabia Approves Power Trading Licenses
- Canadian/French/Saudi Consortium To Study Saudi Rail Project
- Tecnimont Wins Contract For Private Saudi Petrochemical Project
- Iraqi Exports Rise To 2Mn B/D As SOMO Markets Kirkuk Crude From Ceyhan
- Apache Qasr-3X Well In Egypt Confirms Gas, Condensate Reserve Estimates
- Uhde Wins Turnkey Contracts For Two Fertilizer Plants
- JGC Wins FEED Contract For Shell’s Qatar GTL Project
- Iran’s Gas Supply Projects Budget Set At $10Bn For 2005-10
- Iran’s Majlis To Form Committee To Investigate Statoil Contract Allegations
- Abu Dhabi-Dubai Gas Pipeline Capacity To Reach 800Mn CFD In Coming Year
- PDO Begins Production From Zalzala Field
- Sohar Industrial Port To Select Liquid Berth Operator By July
- FCP Tests MLE-4 Step-out Well On Block 405B
- CNPC And Nelson Resources Plan $82Mn Investment In Kazakhstan’s North Buzachi In 2004
- Turkey To Sell Water To Israel
- North American Independents Win Two Offshore Blocks In Morocco
Financial & Banking News
- Emirates Taps International Bond Market For First Time With $500Mn Issue
- UAE’s Tabreed Issues $100Mn Sukuk Bond
- FDI Inflows To ESCWA Region Fall Away From 1998 Peak
- New CPA Law Governing Central Bank Of Iraq Affirms Its Independence
- US Cancels Nour USA’s Iraq Army Equipment Contract
- Kuwait Economy Benefits From Iraqi Reconstruction, Improved Confidence In 2003, Says IMF
- Iranian Government Seeks To Borrow $6.5Bn From OSF
- IP, Saudi Oger Seal $510Mn IPP Financing Deal
- Saudi Hollandi Bank Issues $215Mn Letter Of Credit For Lukoil Saudi Gas Exploration
- AFESD Lends Egypt $102Mn For Talkha Power Station
- New Decree For Central Bank Of Egypt
- US And Morocco Seal Free Trade Agreement
- Omani Government To Sell 60% Share In Fuel Retailer Al Maha
- S&P Revises Foreign Currency Outlook On Morocco To Positive
- Banque Centrale Populaire Outlook Revised To Positive
- World Bank Approves $145Mn Credit For Water, Infrastructure In Yemen