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Issue 39

Oil News

  • Iraq Steps Up Pressure Campaign To Cut OPEC Output And Strengthen Prices
  • Iraq Targets $25/B Minimum Price for Crude
  • Iraq Rejects Increase in Ceiling before Reference Price Rise, Says Chalabi
  • OPEC Meeting Should Focus on Price Issue, Says Aghazadeh
  • Otaiba Rebuts Criticism of UAE on Overproduction
  • Kuwait and Iran Link 3Q for Japan to Saudi Price
  • Libya Lowers 3Q Price Formula by 10-15 Cents/B
  • Syria Lowers 3Q Price Formula for Light Crude
  • Yemen Crescent Petroleum Awarded Contract for Two Blocks in the Shabwa Area
  • USSR Wants to Stay in Yemen Exploration Consortium
  • Syria FPC Output Up 30,000 B/D in Past Four Months
  • Ankara Meeting Fails to Reach Agreement on Euphrates River Distribution
  • Fluor/Parsons/Lummus Win Aramco Expansion Contracts
  • Iraq, Jordan and Saudi Arabia Agree on Spur Line Linking IPSA and Tapline
  • Minister's Book Details Estimates for UAE Oil and Gas Reserves
  • Union Carbide to Build Latex Plant in Dubai
  • ASRY Invites Prequalifications from Bidders for New Dry Dock
  • Conoco to Sell Western Desert Holdings to Repsol
  • Sun Oil Issues Statement on Withdrawal from the Sudan

Financial & Banking News

  • Oman Shows Rise in GDP and Trade Surplus
  • Saudi Arabia's Reserves Plunge
  • NCB Improves Performance but Has Accounts Qualified againĀ 
  • Alba Loan Raised to $650mn, but Questions Still Remain
  • Morocco Close to IMF Standby Accord1

The Political Scene

  • The Political Scene

Op-Ed & Documents

  • Algeria's Foreign Debt
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