Issue 29
Oil News
- August Ceiling Increase To Go Ahead After OPEC Cancels July Meeting
- Iraq Establishes Supreme Oil And Gas Council
- Iraq Warns IOCs Against Circumventing Central Government In Oil Talks
- Qatar’s GTL Production Could Top 800,000 B/D In Coming Decade
- IEA Predicts Record Oil Demand Growth Of 2.5Mn B/D In 2004 And 1.8Mn B/d In 2005
- OPEC-10 Oil Output Surges 1.3Mn B/D In June, Erases Iraqi Production Fall
- Market Caution Keeps WTI Hovering Around $40/B
- Crude Oil Formulas/Posted Prices ($/B)
- Zanganeh Rules Out PSAs As Replacement For Buybacks
- NPC Awards Second Kharg Methanol Contract To Iranian Consortium
- NPC Awards Ilam HDPE Contract To Mitsui And Iran’s EIED
- Security Problems Continue To Disrupt Economic/Political Life In Iraq
- Petron To Upgrade Bataan Refinery
- SHARQ To Study $2.3Bn Ethylene Project
- Iberdrola Signs For 1BCM Gas/Year To Be Supplied Through Medgaz Pipeline
- Mubarak Reshuffles Cabinet, Appoints Several Younger Figures Associated With Son Gamal
- Fluor Awarded Petrochemical Management Contract By ELAB
- Apache’s Qasr-5 Confirms Extension Of Field To Southwest
- US/Turkish Consortium Wins Jordan Al-Samra IPP Contract
- Marubeni/BPU Top Bidders For Taweelah-B IWPP
- Belleli Wins Jebel Ali Products Storage Contract
- Yemen Government Quizzed On Allegation Of Missing IOC Funds
- Syria-Lebanon Gas Pipeline Hit By New Delays
- Equate’s Share Of Asian Market Rises To 30%
- KOTC To Acquire Nine New Vessels
- Boubyan Petrochemical Company Doubles Profit In FY 2003-04
- Shengli, MEP Plan $40Mn Investment In Azerbaijan’s Onshore Pirsagat Oilfield
- Tadayon Becomes Bapco’s First Bahraini CEO Downstream
- Israel’s Ginko Plans IPO To Finance Dead Sea Oil Exploration
Financial & Banking News
- Kuwait Banks See Profits Jump In 2003 As Oil Prices, Iraq Trade Boost Economy
- Saudi Economy Set For Record 2004, Says Samba
- Dow Jones, DIFC and Shuaa Launch Middle East’s First Blue Chip Index
- Saudi Arabia Establishes Capital Markets Authority
- BMA To Launch $106Mn Dinar-Denominated Ijara Sukuk
- Bank Muscat OR25Mn Bond Oversubscribed
- Volcker Outlines Oil-For-Food Investigation, Says Report Ready In 6 To 8 Months
- Etisalat Submits Highest Bid For Saudi Arabia’s GSM License
- Citigroup And Morgan Stanley To Manage Lebanese Debt Swap