Issue 04
Oil News
- Oil Markets In Disarray
- Boussena Calls on Producers and Consumers to Reach Consensus on Equilibrium Price for Oil
- OPEC Members Suggest Dialogue with IEA to Stabilize Markets
- Venezuela Outlines Oil Expansion Plans
- Nigeria Plans Output Capacity of 2.4mn B/D by 1994
- Norway Expects 2.3mn B/D from North Sea by 1995
- BP Signs for Three Exploration Blocks in Yemen
- Saipem Subcontracted for Arak Refinery Projects
- Iraq Mines Kuwaiti Oil Wells
- Iraq Supplying 60,000 b/d to Jordan
- US Treasury Grants Waiver to Coastal Corp. to Import 2.6mn Barrels of Iraqi Crude
- Iraqi Cargo Ship Intercepted
- Iraq Starts Petrol Rationing
- Iraq Offers Crude Oil for Egyptian Debts
- Saudi Aramco Awards Contract for Safaniyah Development
- SAFCO and Chiyoda Finalize Fertilizer Contract
- Saudi Batteries Project Gets Underway
- QAFCO to Go Ahead with Expansion Plan for Fertilizer Complex
- Aswad Appointed Chairman of NOC
- Egypt Reduces Oil Prices by $9.00/B
- Shaikh Maktum to Form New UAE Cabinet
- OAPEC to Hold Meeting in Cairo on 8 December
- AMPTC Opens Branch in Cairo
- EC Agrees to Review Mandate for Free Trade Accord
- UN Holds Energy Conference in Geneva
- Publications Received
- Netback Values
Financial & Banking News
- Kuwait-based Institutions Plan Temporary Relocation of Operations
- Gold and Currency in Kuwait's Central Bank Totaled $2bn, Says Governor
- GCC States Put Together Major Aid Package for Egypt
- Riyad Bank and Al-Hollandi Declare Third Quarter Figures Almost Unchanged
- Alba Financing Enters Final Stages, but Prospects for GPIC Look Doubtful
- US Treasury Clarifies Status of Kuwaiti Companies in the US