Issue 21
Top Stories
- Qatar Cautious On GTL Development Timings As EPC Costs Soar 40-50%
- OPEC Oil Production Rises To 29.88Mn B/D In April
- US-Saudi Trade Negotiations Mark Last Hurdle To Kingdom’s WTO Accession
Energy Fundamentals
- Crude Prices Test Three-Month Lows As US Crude Stocks Hit Six-Year Highs
- OPEC To Meet Call On Crude In 4Q 2005 Despite Lower Forecast For Non-OPEC Output
- ESAI Sees Global Oil Demand Growth Easing to 1.6Mn B/D In 2005, 2006
- Market Recognizes Signs Of Demand Slowdown, Says SG
- OPEC/IEA Workshop Stresses MENA Benefits From Energy Development
News by Country
- Sonatrach Reports Oil Discovery In Hassi Messaoud
- Sonelgaz Targets Investments At $8.38Bn Over Next Five Years
- Bahrain Raises Its Oil Revenue Projection In 2005-06 To $523Mn
- Azerbaijan’s Parliament Ratifies Three Onshore Oil Agreements
- Kazakh Parliament Passes New Offshore Contract Law
- Egypt Oil Production Slips From 2004 Average
- Egypt Signs Eight Oil Agreements
- Egypt To Launch First IPO In Petroleum Sector
- ELNG Train Two Request For Financing Launched
- Moody’s Downgrades Egypt Local Currency Bond Rating To Baa3
- Zanganeh Confirms South Pars Phase 12 Development Earmarked For Petropars
- Norsk Hydro Preparing To Test Exploration Well On Anaran Block
- Iran And Armenia Agree To Build Two Hydropower Stations On Aras River
- Iranian Official Criticizes Misuse Of Revenue From OSF
- Ahmad Chalabi Appointed Head Of Iraq’s Energy Council
- Iraq’s Crude Exports Reached 1.4mn B/D In First Third 2005
- Kuwait’s Crude Reserves Rose By 818mn Barrels In 2004-05
- Ahmadi Refinery Maintenance Scheduled For 2005-06
- Kuwait’s Greater Equate To Approach Bank Market In June
- Kuwaiti Economy Buoyed By Oil And Iraq Trade, Says IMF
- CBL Governor Calls For Reforms To Deal With Debt
- Afriquia Gaz Acquires Tissir Primagaz For Dominance In LPG Market
- ExxonMobil, QP Move Ahead On $2Bn Ras Laffan Petrochems Complex
- Q-Ship To Order Four LPG Carriers From Hyundai Heavy Industries
- Moody’s Upgrades Qatar Rating To A1/P-1
- SADR Launches Bidding Round For Offshore Western Sahara Blocks
- Greece And Italy Plan Gas Pipeline For Caspian Gas
- Global Competition Set To Drive Consolidation Among Gulf Banks, Says S&P
- Demand Uncertainty Tempers Saudi Capacity Expansion Plans, Says Deutsche Bank
- Restructure Of Marafiq IWPP Delays Finance Bidding
- SEC’s Power Capacity Up By 6,000MW Since 2000
- Sudan Begins Selection Of Trading Firm To Market Dar Blend Crude
- Emirates And Sudan Bank To Offload 25% Equity Stake In IPO
- Liberalization Of Syrian Exchange System Expected By End-2005
- Paladin Reports Oil And Gas Discovery At Nour-1 Well
- Dolphin Starts Supplying Gas To Ras Al-Khaimah
- Takreer Awards Dodsal EPC Contract For Inter-Refinery Pipelines Project