Issue 23
Oil News
- Saudi Arabia Will Take Firm Line At Geneva OPEC Meeting
- Iraq's Crude Oil Export Capacity Seriously Damaged
- Saudi Arabia Reacts Sharply to Boussena Statement on OPEC
- OPEC Production Rises by 290,000 b/d in February
- Dr. Salman Takes Up Position as OPEC Deputy Secretary General
- IEA Puts OPEC Production at 23mn b/d in February
- IEA Suspends Emergency Supply Plan, Expresses Interest in Dialogue with OPEC
- Oil Production in Non-OPEC Developing Countries Rises 3.17% in 1990
- China Produces 2.8mn b/d of Crude Oil during 1990
- Saudi Arabia Raises Price Formula to US by 35 Cents/B in April
- Abu Dhabi and Oman Lower Assessment Prices for February by $4.60-4.74/B
- OPEC Basket Price Declines to $17.55/B in February
- Kuwait May Not Export Oil Until Next Year
- More Contracts Awarded for Phase I of Kuwait's Reconstruction Program
- Shuaiba Port To Reopen for Shipping in Two Weeks
- End of Hostilities Could Intensify Efforts to Combat Oil Spills in Northern Gulf
- CGES Round Table Calls for UN Sponsored Conference to Attain Stability in the Middle East
- Iran Contracts Oxo-Alcohols Plant for Arak Petrochemical Complex
- Iran Terminates Lavan Island Ship-to-Ship Oil Shuttle
- Kraftwerke Union Seeks Permission to Finish Bushehr Nuclear Plant
- Iran to Sell North Korea 20,000 b/d for Next Five Years
- Iran Drills Exploratory Well in North Field Gas Reservoir
- Iran to Host Producer-Consumer Cooperation Conference in May
Financial & Banking News
- GIB Declares Unaudited Loss of $422mn, Prepares for New Life with GIC
- Credit Lyonnais Provides $160mn Facility for Commercial Bank of Kuwait
- KIIC Hopes to Open Dubai Office on 18 March
- BCCI to Sell Stake in FAB and End All Banking Activity in US
- Kuwaiti Officials Deny Reports of Plan to Raise $20bn
- US House of Representatives Approves Spending of $42.6bn on Gulf Conflict
- Damascus Declaration Looks to Economic Cooperation and Regional Security
- Iraq's RCC Orders Return of Goods Seized from Kuwait