Issue 14
Oil News
- OPEC Confirms 1Mn B/D Oil Output Cut To Preempt Excessive 2Q Stock Build
- Crude Prices Rise Ahead Of OPEC Decision But Fall On US Stockbuild
- RFG Shortage Fears Overblown, Says SEER
- US Senator Bingaman Identifies Specific Steps To Ease US Energy Costs
- DKWR Examines Prospects For Oil Supply Amid High Prices
- Saudi LPG Prices Increased On Strong Asian Demand
- Crude Oil Formulas/Posted Prices
- $1.90/MN BTU Is ExxonMobil’s Minimum Price Guarantee For Kogas Deal Through 2009
- Saipem Wins Dolphin Export Pipeline Contract
- QAFCO Signs Urea Export Deal With Australia
- QAFAC To Double Methanol Output
- Sonatrach Orders New LPG Carrier From Spain’s Izar
- Saudi Aramco Corporate, Executive And General Management Appointments
- Zamil’s Sahara Petrochemical Company To Expand Group’s Sector Investments
- Three Saudi Refineries To Be Shut For Maintenance In 2Q
- AMEC Wins $100Mn KOC Oilfield Projects Management Contract
- Japan Agrees $1.2Bn Loan To Secure Iranian Oil Supplies
- Iranian Petrochemicals Exports Estimated To Have Risen 30% In 2003-04
- Iran Nuclear Conversion Plant Started Up As IAEA Inspectors Return
- Security Council Backs Iraq Oil-For-Food Corruption Inquiry
- Iraq Electricity Maintenance Program Scheduled For Completion By June
- Privatize Iraq’s Oil/Gas Industry And Reserves, Says Heritage Foundation
- Partners Set Up Company To Study Nabucco Gas Pipeline
- BP Wins Gulf Of Suez, Red Sea Blocks
- KUFPEC/IEOC In Offshore E&P Agreement With Egypt
- Petrojet Signs MOU With Jordan Covering Labor For AGP
- Egypt And Turkey Sign Gas, Economic Cooperation Agreements
- First Block 9 Gas Delivery To Oman Government
- Oman’s Offshore Blocks 18A and 18B Merged
- MPGC Conference Set For May In Bahrain
- Annual Mideast Oil/Gas Pipelines Conference In Abu Dhabi In October
- Water Conference In Abu Dhabi In October
Financial & Banking News
- Strong Performance Of GCC Markets In 2003 Set To Continue Through 2004
- Saudi Arabia Appoints Businessman As Head Of SAGIA
- BNP Paribas And Credit Suisse First Boston To Arrange New Lebanese Eurobond
- Banque Audi Buys Saradar For $159Mn
- BMA Lifts Restriction On Foreign Insurance Brokers, Loss Adjusters
- CBK Approves Regulations For Licensing Of Foreign Bank Branches
- GIB Signs $100Mn Loan Deal With Commercial Facilities Company
- KREB To Become An Islamic Bank
- Khalifa Group Owner Sentenced In Absentia To Five Years In Prison
- Qatar’s Budget Deficit Rises 25% In 2004-05 As Rising Expenditures Outstrip Revenues
- IAMB Urges Metering Of Iraqi Crude Extraction And Sales…
- …Approves External Auditor For DFI
- Iraqi Reparation Payments To Kuwait Reach $9.5Bn, But $29Bn Remains Unpaid
- Shell Oman Marketing Company Pays Dividend
- Alba Signs $450Mn Export Credit Finance Package
- Formation Of First Private Airline In Kuwait Prompts KAC Privatization Move
- S&P Assigns Tunisia’s €450Mn Bond BBB Rating