Issue 25
Top Stories
- OPEC Lifts Ceiling By Initial 0.5Mn B/D In Fresh Bid To Cool Prices
- BP’s Davies Sees World Energy Markets “In A New Place”
- Iraq Fast Tracks Upstream Contract Talks With IOCs
- Oil Boosts Sudan’s Economy But Political Challenges Weigh On Growth Potential
Energy Fundamentals
- Markets Unmoved By Increased OPEC Production Quotas
- Crude Oil Formulas/Posted Prices
- OPEC Oil Production Tops 30Mn B/D In May As Iran Exports Rebound Higher
- IEA Sees China/Europe Demand Slowdown Balanced By North America/OECD Pacific Growth
- OPEC Sees 2005 Global Demand Growth At 1.77Mn B/D, Up 2.2% On 2004
- G8 Ministers Warn That High Oil Prices Threaten Growth
- BP Statistical Review Shows Oil Reserves Continuing To Outstrip Production
- NYMEX/Dubai Proceed With Plans For Region’s First Commodity Futures Exchange
News by Country
- Canada’s First Calgary Terminates Joint Venture Talks With Repsol On Algerian Assets
- Sonatrach Signs Crude Exploration Agreement With Niger
- BHP Billiton’s ROD Hits 80,000 B/D Production Target
- Apache Egypt To Drill 130 Wells In Western Desert During 2005
- ELNG Train Two Financing Announcement Expected Within Weeks
- Total Reveals Impact Of High Crude Prices On Buyback Volumes
- NIOC Awards South Pars Phases 17-18 Development To Petropars-Led Consortium
- India And Iran Agree $22Bn Deal For LNG Exports
- HDPE Project Awarded To Mitsui/Rampco Consortium
- Tajikistan And Iran Sign Hydroelectric Plant MOU
- Norsk Hydro And AOC Sign Cooperation Agreements With Iraq
- Sonoran Energy Bids For Exploration Contract In Jordan
- Minister Issues Directive On Specific Duties Of Ministry And KPC
- Kuwait’s PWC Wins US Defense Contracts Worth $15.5Bn
- Lebanon Assigned B- Foreign Currency Senior Unsecured Debt Rating, Says S&P
- Morocco Awards Reconnaissance License To TransAtlantic Petroleum And Stratic Energy
- OMC Plans Second Methanol Plant At Sohar
- Oman And China Sign Preliminary Oil Cooperation Accord
- Oman Refinery Company Secures $140Mn Loan At Low Margins
- Zamil Steel Awarded $10Mn Contract For Qatargas-2
- Final Touches To 1974 Saudi-UAE Border Accord Close To Completion
- BP’s Innovene/Delta International Plan Jubail Cracker
- Kingdom To Float $2.7Bn Of Petrochemical/Mining Ventures, Says Naimi
- Saudi Aramco Executive To Become SPE’s First Middle Eastern President
- National Industrialization Company To Raise Stake In Petrochemicals Subsidiary
- SAMA Acquires JP Morgan’s Stake In GIB
- Syrian Ba'th Party Adopts “Social Market Economy” Model
- ETAP Awards Storm Ventures, Med Oil Exploration, Reconnaissance Permits
- Mubadala Expands Global Reach With Planned Shell Strategic Alliance
- UAE And China Plan Energy Cooperation
- DNO To Accelerate Drilling Activity In Yemen