Issue 24
Oil News
- Saudi-Sponsored Plan For 5% Cut In OPEC Production For 2Q Wins Out In Geneva
- Libya Has No Intention of Selling US Held Oil Interests to Third Parties, Says Badri
- Kuwait Wants Part of Iraqi Oil Set Aside for Reparations
- Oilfield Damage Catastrophic, Says Kuwaiti Oil Minister
- Kuwait Reconstruction: US Firm Contracted to Lease Fire- Fighting Equipment
- Shuaiba Port Reopened: Clearance Work Continues on Shuwaikh and Mina al-Ahmadi
- Saudi Aramco/Total-CFP Joint Venture Still at a Preliminary Stage
- Samarec Lowers March LPG Prices
- Abadan Refinery Will Be Restored to Pre-War Capacity, Says Rafsanjani
- Kraftwerke Union to Finish Bushehr Nuclear Plant
- Iran and Yugoslavia Review Plans for Iran-Europe Gas Pipeline
- Technip and TPL Win Contract for Tabriz Petrochemical Plant
- Iran Will Sell Uganda 5mn Barrels of Crude
- YEPC Declares Raydan Field Commercial
- Shell Decides to Terminate its Service Contract with QGPC at Year End
- Pakistan Negotiates for Gas Imports from Qatar
- Kandil Puts Egypt's Current Oil Reserves at 6.2bn Barrels
- ENPPI Awarded Service Contract for Sumed Expansion Project
- Terms of TPO/IEOC's East Shuqair Marine Concession
- Omani Government Lends $3.5mn to Private Firm for New LPG Plant
- EC Seeks to Resume Negotiations with GCC
- Hamili Relieved of His Post as Undersecretary of UAE Oil Ministry
- Netback Values
Financial & Banking News
- Physical Damage to Kuwaiti Banks Less than Anticipated
- NBK Issues Balance Sheet for Branches and Subsidiaries Outside Kuwait
- Barclays Establishes New Middle East Business Department
- Gulf Crisis Committee Has Paid Out $8.3mn
- National Bank of Bahrain Reports 11% Rise in Profits