Issue 49
Top Stories
- OPEC Ministers Likely To Debate Output Rise Despite View That Supplies Are Adequate
- Oxy And OMV Accept Tighter Terms For Renewed Libyan Contracts
- JBIC Expands Gulf Financing Role As Japan’s Reliance On Mid East Crude Continues
- Suez Canal Plays Growing Role In LNG Shipping
Energy Fundamentals
- Crude Prices Slide On Expectations Of OPEC Supply Increase
- Naimi Reiterates Saudi Commitment To Continue Supplying Oil To Asia
- Société Générale Sees Oil Market More Bearish In 1Q08
- Saudi LPG Prices Hiked By $130/Ton To New Record High For December
- Crude Oil Formulas/Posted Prices
News by Country
- Petrofac Wins $600mn In Salah Gas Compression EPC Contract
- HSBC-BEA Link Aimed At Project Finance
- Algeria 2007 Overall Growth At Below 5% Due To Decline In Hydrocarbon Production, Says IMF
- Bahrain Oil Output Continues To Decline Pending Development Program
- EU Says Iranian Gas Unnecessary For Nabucco Pipeline
- Russia’s Gazprom Agrees To Pay More For Turkmen Gas
- South Stream Partners Establish Joint Venture For Feasibility Studies
- Saqqara Field Due On-Stream In Early 2008 At Initial Rate Of 20,000 B/D
- NIOC Plans Early Production System For Hengam Gas/Condensate Field
- NIORDC Announces Essar Exit From Bandar Abbas Heavy Oil Refinery
- China Seeking Increased Crude Supplies From Iran
- IAEA Tests Fuel Rods For Iran’s Bushehr Power Plant
- Iran And Sri Lanka Discuss 150MW Hydroelectric Project
- KRG Defends Hunt Oil Deal
- End-2007 100,000 B/D Target For Iraq’s Majnoon Oil Field
- New Jordanian Government To Focus On Economic And Social Reforms
- Kuwait’s New Non-Associated Gas To Cover Medium-Term Local Demand, Says NBK
- S&P Puts Lebanon On Negative Watch Pending End Of Presidential Crisis
- IMF Says Lebanese Economy Is Recovering Despite 2006 Setback
- AIM-listed Island Oil And Gas Acquires Moroccan Acreage
- Oman Draft Budget Envisages 20% Rise in Revenue Based On $45/B Oil Price
- Qatar Inaugurates $5.6Bn Qatalum Project
- Saudi Arabia Arrests 208 Suspects, Preventing Planned Oil Attack
- Luberef Partner Change Suggests Expansion Of Operations
- Saudi Riyal Still Under Pressure Despite Interest Rate Cut, Says Jadwa
- Syria’s Petroleum Ministry Issues Tender For Smartcard Fuel
- Stratic Energy Acquires New 2D Seismic Data From Syria’s Block 17
- TPAO Shuts Down Production At Offshore SASB
- UAE Unveils $9.5Bn Balanced Budget For 2008
- Dewa Postpones Islamic Bond
- Citigroup Sells $7.5Bn Equity To Abu Dhabi Investment Authority