Issue 33
Oil News
- Kuwait's Downstream System In Europe Can Now Handle 450,000 B/D
- Saudi Aramco's Capital Budget Set at $44bn for 1990-2000
- Japanese Nominations for June Accepted
- SAFCO Reports Steady Profits
- South Yemen's Crude Oil Exports Postponed Until Early 1991
- Petro-Canada's Concession Award Awaits Legislative Approval
- Abu Dhabi to Supply Yemen with 25,000 b/d of Crude Oil
- Libya Takes Preparatory Steps Towards Enhanced Oil Recovery
- Rasco to Award New Contract for Ras Lanuf Petrochemical Expansion
- Oman and Iran Set up Joint Ministerial Committee for Oil Cooperation
- Iraqi Crude Oil Payments to Yugoslavia and Poland
- Iraq and Turkey Sign Economic Agreements
- Egypt Raises Crude Oil Prices by 85 Cents/B for the Second Half of May
- Japanese June Liftings of Abu Dhabi Crude Restricted to Contract Volumes
- Kuwait Makes First Shipment of Light Crude Kuwait's
- Iranian Oil Minister Postpones Visit to Kuwait
- Qatar Reduces May Price Formula
- Marathon's Delineation Well Encounters Substantial Gas Marathon's
- OAPEC to Update Economic Feasibility Study on Algerian Drydock
- New Publications
- Second Asia and Pacific Oil and Money Conference Scheduled for 11-12 June
Financial & Banking News
- BNP to Buy Out BAII, but Arab Shareholding Will Remain.
- Iran and US Sign small Claims Settlement
- Iranian Minister Defends Spending Constraints
- Developing Country Debts to Soviet Union Disclosed
- Arab Aid Commitments Rebound in 1989
- Riyad Bank Shows Reduced Profits
- BBME Reports Record Profits