Issue 41
Oil News
- Saudi Arabia Further Eases Volume Cuts for Contract Customers
- SABIC Opens London Office
- Libyan Production Averaged 1.1mn b/d in 2Q 89
- Libya Signs Production Sharing Agreement with Yugoslavia's INA-Naftaplin
- Far East Buyers Sign Up for Iraq's New Fao Blend Crude on Test Basis
- Rail Link of Petroleum Products Exports Completed
- 'Ajam Appointed Head of SCOP
- Iranian Crude Production Tops 2.9mn b/d in June
- Hague Tribunal Awards Phillips $110mn for Iminoco Expropriation
- Oil Exports to South Korea to Rise
- Phoenix Resources Awarded Natrun Concession
- Kuwait and USSR Sign Agreement for Technical Oilfield Studies
- PIC Signs Licensing Agreement for Polypropylene Plant with Union Carbide
- IEA Sees Higher non-OPEC Output in 1Q 1990
- Amoco Plans to Relinquish Its Concession in Jordan
- ADNOC To Reduce Lead/Sulfur in Products
- Gulf Aluminum Rolling Mill Reduces its Losses by 59% to $5.4mn in 1988
- Three More African States Join APPA
- Publications Received
- Netback Values
Financial & Banking News
- Egypt's New Investment Law Seeks to Attract Foreign Capital
- Commercial Banks Form Committee to Negotiate Jordan's Debt Rescheduling
- GIC Reports 9.5% Fall in Net Income
- ARBIC Reports 1988 Profits of $157mn
- ARIG's Profits Rise in 1988
- CMA Approves New Status for Egyptian Islamic Company
- Oman Refinery Company to Receive $15.6mn Loan
- AFESD Lends $356mn in 1988
- OFID Approves $34.79mn in Loans and Grants