Issue 19
Oil News
- OPEC Quotas Should Be Scrapped As Soon As Possible, Says Kuwait's `Ali Khalifah
- Iraq Invites Wider Participation By Foreign Companies In Oilfield Development In Iraq
- Saudi Crude Prices for March: Reduction on Medium/Heavy Crudes
- Unprecedented Differential of $1.05/B between Murban and Oman
- Iraq Raises Official Prices
- IEA Says OPEC Produced 23.3mn b/d of Crude in January
- Sonatrach Signs Contracts to Revamp LNG Plants
- Syria Signs Term Contracts for Light Crude
- Iran to Spend $5.8bn on Petrochemicals in Next Five Years
- Salman and Sirri Offshore Field Repair Contracts Signed
- Oil Transfer at Khark 5 Completed
- Suba Field to Start Production at 20,000 b/d
- ADNOC Continues Studies on Expansion of Ruwais Refinery
- Sharjah's Ruler Dismisses Crown Prince
- Jebel Ali Fertilizer Plant to Go on Stream Shortly
- QGPC Approves Development of Onshore Diyab Field
- QGPC Initials Agreement with Italy's Enimont for Methanol Plant
- KPC Naphtha Supply Contracts
- KNPC Invites Bids for New Units at Mina al-Ahmadi Refinery
- Banoco Signs Production Sharing Contract with Harken of the US
- Bapetco Approves Plans to Develop BED-2 Gas Field
- New Discovery at Geisum
- South Korea's Dong Ah Signs GMR Phase Two Contract
- Netback Values
Financial & Banking News
- Iraq, Italy Agree on BNL Loans
- Accounting Changes Give Syria Its First Trade Surplus for 30 Years
- Jordanian Austerity Budget Trimmed and Passed
- ANB Profits Up Despite High Interest Costs
- Terms for Alba Loan Released
- Jordan Reschedules Soviet Debt
- KIO Succeeds in Torras Takeover Bid
- Saudi Group Makes Hostile Bid for UK Company