Issue 50
Oil News
- Demothballing Of Three Fields Begins As Saudi Aramco Starts Work On Capacity Expansion
- Crude Price Slide Halted Ahead Of OPEC Meeting
- LPG Subsidies Hinder EU-GCC Cooperation, Says Luciani
- Saudi Crude Prices For January Reduced To US, Raised For Europe And Asia
- Crude Oil Formulas/Posted Prices
- EIA Reduces 2004 Oil Demand Growth Forecast To 2.6Mn B/D
- Lukoil Issue Remains Unresolved After ΄Allawi Talks In Moscow
- CPA Mismanaged Iraqi Revenues, OSI Briefing Paper Reports
- Cabinet Approves Project Kuwait Law, Sends It To Parliament
- SPC Approves Oil Sector Strategy To 2020 With $30-40Bn Investment
- KNPC Plans Refinery Shutdowns At Mina Al-Ahmadi For January And March
- Oman Estimates 2005 Crude Production At 750,000 B/D, PDO At 635,000 B/D
- OCC Acquires Thai Olefins Stake As Third Foreign Holding In A Month
- Oiltrading And Odfjell Joint Venture To Operate Oman’s Sohar Industrial Port
- Total And Petronas Agree Framework Terms With NIOC For South Pars Phase 11/Pars LNG
- NIOC Officials Estimate Iran’s Petroleum Industry Spending At $10Bn Over Next 10 Years
- Sonatrach To Construct Skikda Condensate Topping Plant After Tender Failure
- Egypt Set To Export First LNG Cargo As National Gas Reserves Upgraded
- Canada’s Methanex In Detailed Discussions On Worldscale Methanol Plant In Egypt
- Egypt To Construct Petroleum Products Pipeline South To Nile Valley
- SPC Awards Exploration Contracts To DNO, Dove Energy
- Projected GCC Aluminum Production Set For Further Boost By QP Plans
- Oiltanking Acquires Stake In UAE’s Star Energy Terminal
- KEMYA Awards Cracking Furnace Contract To Technip
- Reform And GCC/Regional Cooperation Essential, Says Prince Sa΄ud
- Woodside’s Tiof-3 Well Hits Snag Preventing Flow Test; Merou-1 Well To Be Abandoned
- Caspian Exports Via Batumi Down In 2004
- Reconstruction Of Turkmen’s Ekerem Oil Jetty Under Way
- AOGC 2005 Scheduled For Kuala Lumpur In June
Financial & Banking News
- Egyptian Government Plans To Remedy Poor FDI Record
- End-January Syndication Planned For Omani LNG Vessel Loan
- Oman’s Qalhat LNG Going To Syndication Early Next Year
- Banks Short-listed For EGPC Debt Securities Placement
- SABIC Bond To Act As Benchmark For Saudi Companies
- Oil Dependency Not Necessarily A Constraint For Sovereign Ratings, Says S&P
- Al-Salam Bank Increases Capital To $100Mn
- Ansbacher & Crédit Suisse Licensed To Operate In Dubai
- Saudi Hollandi Bank To Issue Bond
- Jordan’s ZARA Launches JD45Mn Bond Issue
- Moody’s Upgrades QNB’s Financial Strength Rating To C-
- CI Assigns Ratings To Jordan’s Export & Finance Bank
- IFC Invests $25Mn To Finance Oil & Gas Activities In Egypt And Bulgaria