Issue 20
Oil News
- SAUDI ARABIA MOOTS US DOWNSTREAM VENTURE WITH TEXACO
- Saudi Arabia Plans to Consolidate Lube Oil Interests
- SABIC Quadruples Profits in 1987
- SAFCO Announces 1987 Results
- Nabi Says nest Three Weeks Critical for Prices
- Audit Firm Starts Visits after Two Weeks Delay
- South Korea Raises Fee on Imported Crude Oil
- Otaiba Says UAE Letting Production Drop to Defend Prices
- Malaysia Producing 540,000 b/d
- Plans to Increase Crude Oil Production to 175,000 b/d by Mid-Year
- North Yemen Approves Production-Sharing Agreement with PIC
- Abu Dhabi Refuses Price Discounts to Customers
- Clarification from Iran
- KPI Looks to Far East and US for Further Expansion
- Kuwait Renews Processing Agreement with South Yemen
- Reitegration Could be Key to Market Stability Says PDV President
- National Assembly Approves Eleven Oil and Gas Agreements
- Total Makes Oil Discovery in Shuqair Bay
- Oil Prices Remain Unchanged for Second Half of February
- Iraq-Soviet Trade Reaches $1.2bn in 1987
- Qatar Plans to Construct New Ammonia Unit
- Brazil Buys Algerian LPG
- Sudan Receives First Shipment of Libyan Crude
- Qatar and Bahrain Will Submit Territorial Dispute to the International Court of Justice
- Netback Values
Financial & Banking News
- BP Chief Says 20% KIO Stake Is 'Not Uncomfortable'
- Egyptian Free Forex Market Coverage Extended
- Iraq Liberalizes Private Sector Imports
- Gas Takes $179mn Loss to Cover Third World Debt
- BIB Operating Income Falters
- Commercial Bank of Dubai Reports Little Change
- NBRAK Profits Rearly Double
- AFESD Lends $33.5mn to South Yemen and Mauritania
- KFAED Extends Loans to Cyprus and Djibouti
- IDB Lends Turkey $18mn
- European Parliament Freeze Soft Loans to Israel