Issue 41
Oil News
- Lukoil Seeks West Qurna Development/ Iraq Debt Deal
- Crude Prices Head Skywards On US Outages, Distillate Supply Fears And Nigerian Strike
- NOC, Eni Inaugurate West Libya Gas Project
- EIA Raises 2004 Global Demand Growth Forecast To 2.6Mn B/D
- Heating Oil Highs Reflect Supply Fears, Says Société Générale
- Saudi Crude Prices Reduced Sharply Again For Heavier Grades
- G-7 Meeting Focus On Oil Information And Transparency; Offers No Remedies For High Prices
- Crude Oil Formulas/Posted Prices
- Neo-Conservative Think Tanks Design Blueprint For US Energy Independence
- US Supreme Court Dismisses OPEC Antitrust Case Appeal
- KPC/KNPC/PIC Executive Assistants To Managing Directors Appointed
- KOC Invites 17 Firms To Bid For Ahmadi Oil Exports Expansion EPC
- EPC Tender Issued For Al-Subya Desalination Expansion Project
- KOC Seeks Bids For Northern Oilfields Safety Monitoring System
- UGTA Lifts Objections To Draft Hydrocarbon Law
- Algeria Launches Sixth Upstream Licensing Round
- Siemens Wins $193Mn Berroughia Power Plant Contract
- First Calgary Petroleums Announces Gas/Condensate Discovery On Block 405B
- SOMO Revises Pricing Policy To Reflect Rapid Market Developments
- Egypt Launches Second Upstream Bid Round For 2004
- RWE Dea’s Ras Fanar Appraisal Well Boosts Reserves
- Egypt Oil Output Recovers Slightly In 3Q As Gas Dips
- Qalhat LNG Shareholders/Facilities/Shipping Agreements Signed
- Zafar Mashal Yields Disappointing Results For ExxonMobil And Azerbaijan
- Rifa΄i Replaced As Syria’s Economy Minister In Cabinet Reshuffle
- Tanganyika Chosen To Negotiate Tishrin, Shaikh Mansur Oilfields In Syria
- MENA Oil/Gas Production Accounted For 22% Of Total’s 2003 Output
Financial & Banking News
- EGPC Seeks To Tap International Capital Markets
- IMF Emergency Assistance Opens Door To Iraq Debt Relief Talks
- BankMuscat/National Bank Of Oman Merger Clears First Regulatory Hurdle
- Arab Banking Corporation Secures $400Mn Deposit Facility
- Abu Dhabi Group Signs $200Mn Agreement With 18 Pakistani Banks
- Kuwait’s 2003-04 Budget Realizes $4.8Bn Surplus
- Saudi Authorities Cast Doubts Over Timing Of Ettihad Etisalat’s IPO…
- ….As It Awards Contracts To Set Up Saudi GSM Network
- Orascom Telecom Tunisia Signs €330Mn Financing Deal, Completes License Payment
- Iran’s Expediency Council Rules In Favor Of Privatization
- New Iranian Law To Target Two Turkish Companies Only
- AMLAK To Launch First Mortgage-Backed Dh500Mn Sukuk
- First Islamic Bank’s €75Mn Sukuk Issue Oversubscribed
- EDC Extends $600Mn In Credit To Assist Canadian Exports To Algeria