Issue 48
Oil News
- US Heating Oil Concerns Outweigh Crude Oversupply To Boost Prices
- Gulf Set To Be World’s Leading Petrochemical Producer/Exporter In 2005, Says Tuwaijri
- Price Contango Indicates Oil Over-Supply, Says SG
- Crude Oil Formulas/Posted Prices
- Ramirez To Take Direct Control Of PDVSA After Rodriguez Appointed Foreign Minister
- OPEC Oil Production Capacity Expansion To Be Slower Than Expected, Says DKWR
- High Oil Prices Curbing Economic Growth And Oil Demand, Says CGES
- Ahdab Contract Provides Model For Iraqi Development And Production Contracts
- Talks Start On Suba And Luhais Oilfield Development Contracts
- Shaikh Salim Calls For Unity In Ruling Family
- Award Of Oil Sector Modernization Project Awaited
- New Saudi Aramco Gas Discovery Announced
- Ras Tanura Condensate Splitter Operating 20% Below Capacity
- RasGas To Supply Kogas With 3.84Mn Tons Of LNG Up To 2008
- Ras Laffan IWPP Project Set For Inauguration
- OOC Acquires 7.5% Stake In Spain’s Saggas Regasification Terminal Project
- EPC Contract Award For Sohar Aluminum Project Due Early 2005
- Stanislaw Retires From CERA
- Pemex Reports Crude Production At 3.4Mn B/D, Exports At 1.86Mn B/D During 2003
- Repsol Estimates Persian LNG Investment At $4Bn
- US Extends Oil Supply Guarantee To Israel By Further 10 Years
- UN Passes Resolution Supporting Peace Efforts In Sudan
- ExxonMobil To Export ACG Crude By Rail Until 2010, Will Forego BTC For Now
- Lukoil Forced To Shift First Well In Azerbaijan’s Yalama Block
Financial & Banking News
- Paris Club Agrees Program To Cancel 80% Of Iraq’s Debt
- Oman’s Sohar IWPP Reaches Financial Close
- Ex-Im Bank Approves $930Mn Loan Guarantee For Qatargas-2
- Arab Banking Corporation Deposit Facility Expanded To $500Mn
- Private Financing To Play Key Role In Developing Saudi Power Projects, Says NCB
- Iranian Parliament Allocates $900Mn For Farming Sector From OSF
- Maersk-Led Consortium Wins Tangier Port Concession
- Siemens Wins $110Mn Power Contract In Egypt
- Etisalat-Led Consortium Wins Sudan Phone License
- Fitch Assigns Ratings On Saudi Arabia
- Standard & Poor’s Raises Oman Ratings
- S&P Deems Islamic Banking A Unique Business Strategy
- Moodys Raises Investcorp’s Outlook To Positive