Issue 13
Oil News
- OPEC Ministers Set To Examine High Oil Prices, Reevaluate Market Fundamentals
- Crude Prices Tumble After US Stockbuild As Market Unconvinced About OPEC Cuts
- Oil Demand Fall In 2Q To Be Smaller Than OPEC Expects, Says CGES
- OPEC Cuts 2003 Oil Demand But 2004 Incremental Growth Forecast Rises
- Crude Oil Formulas/Posted Prices
- China Driving Asia-Pacific Demand Growth, But Slowdown Expected This Year, Says FACTS
- Blair And Burns Visits To Libya Herald Further Steps Towards Normalization
- Shell Signs Heads Of Agreement To Re-Enter Libya
- SOCO Completes Sale Of Odex Stake To Gazprombank
- Exports From Ceyhan And Khor al-΄Amaya Encounter Problems And Delays
- Taurus Mixes Basrah And Ecuadorean Napo Crudes To Offer US Refiners Asphalt Options
- Iraq’s Governing Council And UN To Probe Oil-For-Food Corruption Allegations
- Skikda LNG Exports Restart Pushed Back, Says Khelil
- Algeria Launches Fifth Upstream Licensing Round
- Qatar’s Gas Exports To Exceed 60Mn T/Y By 2010, Says ΄Attiyah
- RasGas’s Third Train Formally Launched
- QP And Sasol Chevron Plan To Expand Oryx And Study New GTL Project
- QP And Japan Form Joint Drilling Company
- New Gas/Condensate Discovery In Shaybah Field
- Pakistan Says Deferred Payment Saudi Crude Import Deal Is Over
- NDCO Opens Prequalification For Iranian Caspian Rig Management
- Chinese Trader Signs MOU For Purchase Of Iranian LNG
- Debottlenecking To Increase Borouge’s Polyethylene Output
- Dubai Ports Plans Oil Terminal In Djibouti
- Mauritania Offshore Partners Expand 2H 2004 Drilling Program
- Mitsui Acquisition Of Fortum’s 35% Stake In Oman’s Block 27 Ratified
- Shortlist For Sohar IWPP Narrowed To Four Consortia
- Lebanon Awards Iran’s Tamirat Contract To Operate Power Plants
- LAB Plant To Start Commercial Production In March
- Agip KCO To Pay $150Mn Fine For Kashagan Development Delay
- Dragon Oil Reports 2003 Crude Production At 13,217 B/D
- Israeli Government Infighting On Second Strategic Gas Supplier Continues
- JOGMEC Takes Over JNOC And MMAJ Functions
- Fuel Retailer Petrol Ofisi Reports $218Mn Profits For 2003
- Jordan Extends Trans-Global’s Exploration License By Six Months
- CWC Schedules World GTL Summit For 18-19 May In London
Financial & Banking News
- Iraq Daily Dollar Auction Helps To Stabilize Currency
- Iraq’s $12Bn Private Debt Largely “Non-Odious,” Says Exotix
- CPA Appoints Ernst & Young To Identify Iraq Debt Sources
- Workers’ Remittances To MENA Region Hit $14Bn In 2002, Says World Bank
- Nigeria Raises 2004 Budget Oil Price Assumption To $25/B
- AMF Reschedules $280m Sudanese Debt
- Saudi Arabia Begins Government Bond Auctions
- German State To Issue Europe’s First Islamic Bond
- Libya Appoints New Head Of Lafico
- Kuwaiti Banking System Among Strongest In Gulf Region, Emerging Markets, Says S&P
- Capital Intelligence Raises Kuwait’s Foreign Currency Rating
- Capital Intelligence Raises Oman’s Alliance Housing Bank Rating
- US Releases $138.5Mn In Economic Assistance To Jordan