Issue 36
Oil News
- Crude Price Decline Halted By Large US Stockdraw And Yukos Warning
- Iran Pushing New Upstream And Downstream Developments, Reports FACTS
- Khelil Sees Oil Prices Staying Firm Until Early 2005 Despite Extra Production
- OPEC Production Figures: Correction
- Shell Rejects Compensation Order From Nigeria’s Senate
- High Oil Prices Not Affecting Industrial States’ Economic Growth, Says Alhajji
- Saudi LPG Prices Raised Again For September As A Result Of Crude Market Strength
- Crude Oil Formulas/Posted Prices ($/B)
- Downstream Sector Showing Signs Of Slowdown, Says DRKW
- LNG Supply Development Lagging Expected Demand, Says Deutsche Bank
- NIOC Announces Three Developments In Battle To Expand Capacity Beyond Reservoir Decline
- Oil Legislation Reforms Rejected By Guardians’ Council, Referred To Expediency Council
- IOCs Entangled In Iran’s Politics
- IAEA Confirms Iran’s Uranium Upgrading Plans, Bushehr Start-Up Put Back Again
- Sabotage Derails SOMO’s Efforts To Sell Kirkuk Crude On Term Basis
- EGAS Launches Licensing Round For Nine Blocks In Offshore Mediterranean, North Sinai
- Helwan Fertilizer Awards Uhde Third Turnkey Fertilizer Complex Contract
- New KPC Board Members Named
- Share Offering In Kuwait Local Fuel Marketing Company Begins
- KPC Sells 75 Q8 Gas Stations In UK To Malthurst
- GPS Wins Mina Al-Fahal Terminal Facilities Contract For Sohar Pipeline Project
- Doosan Wins Sohar Power EPC Contract
- Sohar Aluminium Company Appoints CEO
- Sonatrach Increases Scope Of Port Expansion Contracts With FMC Technologies
- TransGlobal To Start Second Phase Exploration In Dead Sea, Wadi Araba Area
- UAE Diesel Prices Raised Again
- Sudan’s First UN Deadline Cleared
- Syria And Turkey Sign Crude/Products Swap Agreement
- Republicans Emphasize “Need For Comprehensive Energy Policy”
- GCC States Approve Budget For First Phase Of Joint Power Grid
- Yam Thetis Downgrades Mari-B Gasfield Reserves
- Dragon Completes LAM 21/108 Well Offshore Turkmenistan
- Renewal And Reconstruction In Iraq Conferences To Be Held In September
Financial & Banking News
- Kuwait Unveils Typically Conservative Budget For FY 2004-05
- UAE 2004 Federal Budget Projects $589Mn Deficit
- Saudi Budget Surplus To Pay Down Public Debt, Says Finance Minister
- PM Announces Commercial Restrictions On Algerian Public Sector
- NBK Concludes Grindlays Qatar Bank Purchase, Opens Lebanon Branch
- CBL Issues Regulations For Islamic Banks In Lebanon
- Dubai To Establish Credit Bureau
- BankMuscat Fully Exercises Option On India’s Centurion Bank Rights Issue
- Bahrain’s Ahli United Bank Buys 40% of Al-Ahli Bank Of Qatar
- Oman’s Al-Kamil IPO Sees Oversubscription
- Libya Invites Bids For Water Conveyance System
- S&P Assigns Kuwait Finance House A-/A-2 Ratings
- S&P Assigns Al Ahli Bank Of Kuwait BBB/A-2 Ratings
- Capital Intelligence Upgrades First Gulf Bank