Issue 42
Oil News
- China’s Middle East/North Africa Oil Presence Expands Rapidly
- WTI Scales $54.88/B On Light Sweet Crude Squeeze And Distillate Stocks Fears
- Crude Oil Formulas/Posted Prices
- IEA Raises Both 2004 Demand And Demand Growth Forecasts
- Record Upstream Development Spending Not Matched By Exploration, Says Woodmac
- Bush Energy Policy ‘Out Of Gas,’ Says Kerry
- Fuel Subsidies Put Oil Producing Countries Under Pressure
- New Indonesian Government Faces Major Energy Challenges, Says FACTS
- 'Allawi’s Proposed Energy Policies Faces Obstacles, Says PFC Energy
- Sunken Ships Blocking Access To Iraqi Ports, Says UNDP
- Ivanhoe Energy Signs MOU For Study Of Iraq’s Qayara Oilfield
- Oman Government, OOC And Dow Sign Sohar Petrochemical Project Accord
- PDO Offers Small-Fields Alliance Contracts
- RasGas-2 Signs LNG Charter Agreements For Seven Vessels
- Dolphin In Ras Al-Khaimah Gas Sales Agreement
- Dolphin Project Pipeline Survey Work Begins Off UAE
- Joint Venture Formed For Sharjah Gas Sweetening Project
- ADNOC/Shell Sour Gas Study Put On Back Burner
- Petrojet Wins $81mn Elephant Field Export Pipeline Contract
- EU Lifts Arms Embargo On Libya
- Kazakh Gas Sector Study Completed
- CPC Says Capacity Expansion Complete By 2008
- Azerbaijani-Turkish Joint Venture To Renovate Onshore Binagadi Oilfield
- NIDC Reports Increased Drilling Levels
- NIOC Studying Five NGL Plants
- Petrochemicals Conference To Be Held In December
Financial & Banking News
- Carlyle Group Proposes To Collect Iraqi Debt For Kuwait, Says The Nation
- Record Oil Revenue Conducive To Boosting Gulf Economic Reform, Argues Sabban
- Tokyo’s Iraq Donor Conference Focuses On Speed Of Aid Disbursement
- World Bank Provides $60Mn Grant For Iraqi Education
- ADCB Signs $40mn Agreement To Finance Djibouti Storage Terminals
- Volatility Hits Saudi Stock Market Following Ettihad Etisalat IPO Uncertainty
- Dubai Issues $750Mn Islamic Bond For Airport Expansion
- Prince Al-Walid Ibn Talal Buys 40% Stake in CCB
- Dubai Holding Company Formed To Manage Emirate’s Major Projects
- Morocco Signs Deal To Boost Tangier Port Investment
- Kuwait's IFA To Join $100Mn Mauritius Project
- Moody’s Affirms Ratings On BankMuscat And NBO, But Reviews Banks’ Financial Strength
- Asset-Quality Problems Driving Bank Consolidation In Oman, Says S&P
- Capital Intelligence Upgrades Union National Bank’s Foreign Currency Rating
- Arab National Bank’s Ratings Affirmed By Fitch