Issue 04
Oil News
- SAUDI ARABIA AND KUWAIT REJECT OIL PRICE INCREASE FOR 1988
- UAE Upgrades Recoverable Reserves to 100 Billion Barrels
- Lurgi of West Germany to Design Dubai Sulfuric/Phosphoric Acid Plant
- Turkey Seeks Term Contract for Abu Dhabi Crude
- Iraq Adamant on Quota Parity with Iran
- Iraq Strikes at Ships and Oil Installations
- US Imposes Trade Embargo on Iran
- Turkey Signs for 6mn Tons of Iranian Crude in 1988
- Cuba to Import Iranian Crude
- Lukman Again Foresees OPEC Price Rise for Next Year
- Iran Proposes Using SDRs for Oil Currency Base
- Ecuador Wants Exemption from Production Quota
- Malaysia May Raise Output In 1988
- KPC and Union Oil Farm into CFP-Total's East Shabwa Concession
- EGPC Approves Seven More Oil Agreements
- Oil Prices Raised by 20 Cents/B for First Half of November
- Aramco Output Unaffected by Safaniyah Pipeline Accident
- Lummus Crest to Design SABIC Research Center
- Sonatrach Seeks Share in Distrigaz
- ICEED To Hold Annual Area and International Energy Conferences Next April
- Publications Received
- Netback Values
Financial & Banking News
- KIO's Spanish Holdings Total $2.4bn
- RIO Sells 75% of Hays Group to Management
- Al-Dahlawi Buy into UK Group
- Kuwait Government Bonds Will Carry Fixed Coupon
- Commercial Facilities Issues KD8mn Bond
- Saudi International Sacks 10% of Workforce
- Syria Seeks Renewal of $3.5bn Annual Arab Aid
- IDB Approves $86mn in Loans
- KFAED Lends $30mn to Three States