Issue 24
Oil News
- IEA 2004 Demand Growth Forecast Raised For Eighth Consecutive Month To 2.3Mn B/D
- Energy Independence Not An Option For The US, Says ExxonMobil Chairman
- Iraqi Kurds Demand Right To Own And Manage Northern Oil Reserves
- Nigerian Strike Has No Impact On Oil Production And Exports So Far
- Referendum On Chavez Presidency Set For 15 August
- Crude Prices Settle In Lower Range As Traders Factor In OPEC Supply Boost
- Saudi Crude Prices Raised To Europe, Changed Little To US And Asia
- Noreng Surveys Impact Of Currency Movements On Oil Trade
- Crude Oil Formulas/Posted Prices
- EIA Raises Oil Demand Growth Forecast To More Than 2Mn B/D In Both 2004 And 2005
- SOMO Reiterates Oil Sales Policy As Reports Of Scam Oil Offers Rise
- SEGAS On Schedule For First LNG Cargo In December
- Egyptian Parliament Approves Concession Agreements
- Shell To Sell Rosetta Stake To KUFPEC
- Iran’s Capacity Target Necessitates Policy Change, Says Fesharaki
- Indian LNG Firm In Talks For 5Mn T/Y Supply From Iran
- IAEA Delegations Prepare Draft Resolution Criticizing Iran’s Nuclear Program Disclosure
- Iranian Power Capacity To Be Increased By 2.75GW This Year
- Kuwait’s Cabinet Approves Draft Law For Firm To Operate Privatized Gas Stations
- Dow Canada Gives More Details Of PIC Deal
- Kuwait’s GC 15 Scheduled For Start-Up In October With 300,000 B/D Capacity
- MLE Field Has Gas Reserves In Excess Of 7 TCF, Says FCP
- Libya Ships First Crude Cargoes To US Since 1982
- Saudi Arabia/Oman To Adopt International Port Security System On 1 July
- Al-Toukhi/Siemens Win SEC Expansion Projects
- Dragon Oil Completes LAM 21/107 Well Offshore Turkmenistan
- AgipKCO Awards Power Plant Contract To Bateman Engineering
- Q-Ship Takes Delivery Of LPG/Ammonia Carrier
- GIC To Establish Stainless Steel Project In UAE
- Yemen’s Parliament Extends Deadline For Government To Scrap Block 53 Sale
- Ireland’s Petroceltic To Drill Sidi Toui Prospect On Ksar Hadada License
- Oil Politics: A Modern History of Petroleum
Financial & Banking News
- Impact Of High Oil Prices On World Economic Growth: A Mixed Assessment
- Abu Dhabi-VW Leasing Partnership May Develop Into Major Production Venture
- UN Resolution Gives Interim Iraqi Government Control Over Oil Revenues, DFI
- NCB Converting Retail Business Into Islamic Operation
- Commercial Bank Of Qatar Completes Rights Issue…
- Commercial Bank Of Qatar Links With Egypt’s CIB To Serve Expatriates
- Lebanese Leaders Disagree About Debt Restructuring
- France Converts €110Mn Of Algerian Debt Into Infrastructure Investments
- Yemen Foreign Debt Ends 2003 At $5.36Bn, Says Government Report
- G8 Nations Fail To Agree On Iraq Debt Reduction Target
- US Appeals Court Dismisses $959Mn Award Against Iraq
- GACIC Receives $115Mn Loan For Al-Jubail BDO Project
- EIB Lends Egypt €100Mn For Jordan Gas Pipeline
- Regional Law Firms Form Middle East Regional Alliance
- Bank Muscat, HSBC, Fincorp Win Advisory For Omani Government’s Omantel Sale
- XPress Launches Radio, Mobile Services in Jordan
- Jordanian Company Issues Fixed Coupon Dollar Bond
- Moody’s Assigns Baa3 Rating To BankMuscat Bond Issue
- US Signs Over $300Mn In Economic Assistance To Egypt
- US Releases $72.5Mn In Economic Assistance To Jordan