Issue 38
Oil News
- KUWAIT REMAINS COMMITTED TO 3Q PRODUCTION RESTRAINT
- Omar Output Drops to 31,000 b/d
- Petrofina Acquires 20% Interest in Total's Bishri Concession
- Turkey Halts Imports of Iranian Crude Oil
- Iranian Fuel Oil Tenders
- Characteristics of Bouri Crude Oil
- Braspetro Drills 318 Water Wells for GMR
- China and Mexico Extend Support to OPEC
- IEA Sees LDC Energy and Oil Demand Growing Fastest
- Miti Forecasts 4.4% Increase in Japan's Demand for Petroleum Products in FY1989
- Oil Industry Poised for Massive Investments in the 1990s, says Parra
- New Secretary General Appointed for GOIC
- Iran and Kuwait Negotiate 3Q Prices with Japanese
- Nammar Elected ACC Secretary General
- QGPC Completes Drilling of First Two Test Wells for North Field Gas Project
- Qatar to Construct New Electricity and Desalination Plants Worth $275mn
- Qatar Ratifies Elf/Aquitaine's Exploration Agreement
- Kandil Signs More Oil Agreements
- EGPC Invites Bids for North Sinai Acreage
- Prices Reduced by $1.30/B for Second Half of June
- Unocal and Partners Apply for Development of Modest Gazwarina Oil Find
- AMPTC Registers Operating Profit of $11mn in 1988
- NIC/Voest Alpine Sign Contract for Steel Wire Plant
- SABIC's Profits Continue to Rise
- Saudi Arabia and Austria Initial Arms Agreement
- SOIDC Doubles Capacity of Baiji Fertilizer Complex
- Publications Received
- Netback Values
Financial & Banking News
- South Yemen Considers Reform Measures
- Saudi Trade Surplus Falls 21% in 1988
- Iran Warms Up to Foreign Borrowing
- New Arab Aid Agency Planned
- BADEA Lends $10mn to Burkina Faso
- Arab Aid Drops 29% in 1988