Issue 30
Oil News
- SIX NON-OPEC PRODUCERS OFFER 5% EXPORT CUTBACK CONDITIONAL UPON COMMENSURATE OPEC RESPONSE
- KANDIL HAILS NON-OPEC OUTPUT CUT OFFER
- Japanese Customers Fail to Nominate for Kuwait Crude Liftings in May
- Egypt Uses Additional 40,000 b/d of Petroleum Products to Replace Declining Hydrdoelectric Power
- Nippon Mining Acquires Interest in Five Conoco Concessions in Egypt
- King Fahd Stresses Adherence to Production Ceiling
- Grisanti Deplores US Attacks on Cooperation With Non-OPEC
- USSR Will not Cut Oil Output
- Production at Mubarek Oilfield Suspended for Two Months
- ADNOC-FOD Produces 34,000 Tons of Refined Products In 1987
- Agreement to Reduce Military Tension in Border Area
- Oman Reserves Stand at over 4bn Barrels at Beginning of 1988
- Iran Attacks Tanker in Strait of Hormuz
- Aramco Output Falls 14.9% in 1987
- Five-Year Oil Investments Sets Unattainably High
- QASCO Increases Sales by 3% in 1987
- Publications Received
- Netback Values
Financial & Banking News
- Burgan Bank Posts Lowest Dividend among Local Banks
- KIC Recovery Hit by Securities Losses
- Saudi First Quarter Results Show Higher Earnings and Reduced Loans
- ABC's Dutch Subsidiary Arranges Innovative Bond Issue
- KIA Buys $10.6mn Worth of Brazil Fund
- Libya Pledges Monthly Contribution to Palestinians in Occupied Territories
- IDB Approves $105mn in Loans and Grants; Lends $23mn
- SFD Lends Sudan $19mn
- KFAED Lends Senegal $11.9mn
- Japan Aids Tunisia and Muritania
- Egypt Receives Grants from the US and Japan
- US Lends Morocco $40mn to Purchase Food Supplies