Issue 39
Oil News
- UAE Cuts July Oil Production to 1.5mn b/d
- New Appointments at ADNOC-FOD
- Iran and Soviet Union Sign Wide-Ranging Economic Agreements
- Iran Signs Gas Agreement with Bulgaria; Kangan Unit Completed
- South Korea Offers to Complete IJPC Project
- May OPEC Output Figures
- UK Labour Party Backs Cooperation with OPEC
- Norway to Extend Production Curbs
- Venezuelan Crude Oil Reserves Raised to 58.5bn Barrels
- $18/B Reference Price to Remain until Year End, Says Ginandjar
- 3Q Price Formulas and Crude Volume Rolled Over by Japanese Customers
- No Progress in Talks with US Companies
- Japex Oman to Produce 8,000-10,000 b/d by 1990
- PDO Makes Large Gas Discovery in Central Oman
- Reconstruction of Basrah and Fao
- Anadarko and BHP Sign Exploration Agreements
- Saudi Oil Minister Sees 3Q Demand Rising to 49.3mn b/d
- Highlights from Saudi Aramco's 1988 Annual Report
- Shell Wins Feasibility Study for Yanpet's Plant
- Expansion at Naf Offshore Gas Field
- Syria Raises Prices of Oil Products
- Bahrain Delays Modernization Project for Bapco Refinery
- Oil Minister Announces New Gas Reserve Estimates
- Gulf Tanker Fleet Mooted
Financial & Banking News
- Kuwait to Trim Deficit, Increase Spending
- Iraq Reimposes Economic Controls
- KIA Holdings of Local Treasury Bills and Bonds Revealed
- KFTCIC Sets Up German Investment Venture
- Saudi Arabia Permits Restraint Orders for Debt Settlement
- New Bank Formed in Tunisia
- Omani Loan Signed
- IBRD and IDA Lend $457mn to Four Arab Countries