Issue 19
Oil News
- OPEC Production Drops In January
- OPEC Basket Price Declines to $22.38/B in January
- No Change in Saudi Price Formulas in March
- Abu Dhabi and Oman Lower Assessment Prices for January by $3.82-4.85/B
- Libya Rolls Over Price Formulas for February
- Egypt Raises Oil Prices by 50 Cents/B on 6 February
- Qatar Keeps Unchanged Price Formula for February
- Sun Oil Signs 20,000 b/d Term Contract with Yemen
- Yominco Chairman Appointed
- Syrian Production Reached 470,000 b/d in January
- Phillips Makes New Discovery at South Umbaraka
- Farm-In Agreements with CFP/Total and Anadarko in Algeria
- Sonatrach Awards Contract to Revamp GZ1 Pipeline
- ENIP Invites Bids for Two Petrochemical Units at Skikda
- Oil Spills Continue to Threaten the Gulf
- Jordan Seeks New Oil Supply Sources as Iraqi Oil Route Bombed
- Iraq Halts Internal Sales of Petroleum Products
- Iran-Europe Gasline under Study
- Gasoline Rationing Ended
- Khafji Oil Installations Undamaged by Iraqi Incursion
- Royal Commission for Jubail and Yanbu' to Report to King Fahd
- NODCO Awards Technip $31mn Contract for Unleaded Gasoline Unit
- Netback Values
Financial & Banking News
- Algerian Debt Refinancing Is Casualty of Gulf Crisis, but Bankers Say Rescheduling Is Unlikely
- Baker Proposes Huge Multilateral Commitment to Middle East Development
- Arbitrators Order Framatome to Pay Iran FF550mn
- United Bank of Kuwait Announces Unqualified Results for 1990