Issue 31
Oil News
- Ideas On What Percentage Of Iraq's Oil Income Must Be Channeled To War Reparations Still Differ Widely
- Abu Dhabi and Oman Raise Prices by 35-55 Cents/B for April
- Libya Cuts May Price Formulas by 10 Cents/B
- Little Change in Nigerian Price Formulas for May
- Samarec Adjourns Negotiations on Some Product Contracts; Naphtha Contracts Finalized
- SABIC and SAFCO Set Up Fertilizer Marketing Affiliate
- NPCC Wins Saudi Aramco Contract
- SAFCO Logs Higher Profits and Output
- New Chief for Star Enterprise
- IEA Forecasts 0.8% Demand Downturn in 2Q 1991
- 1991 Drop in Soviet Oil Production Could Reach 1mn b/d
- Spain, Algeria and Morocco Sign Agreement for Construction of Western Gas Pipeline
- Iran and Turkey Agree on European-Bound Gas Pipeline; Sign New Crude Oil Deal for 1991
- Iran Petrochemicals to Get $7.5bn Investment during 5-Year Plan
- Iran Earns $11bn from 1990 Crude Oil Exports
- Hungary to Buy 20,000 B/D of Iranian Crude
- Syria and Iran Sign Oil Cooperation Agreement
- Kuwaiti-British Fire Group to Assess Oil Well Damage in Sabriyah Oilfield
- New Reconstruction Contracts Signed
- KPA Announces Restrictions on Cargoes Imported to Kuwait
- Hammadi Calls for Gradual Rise in Oil Prices
- Iraq Ends Petrol Rationing
- BG Completes Appraisal Well in North Zaafarana Tract
- Egypt Announces Steep Increases in Oil Product Prices
- Amoco's Share of Gupco's Oil Production Averaged 139,000 b/d in 1990
Financial & Banking News
- GIB Elects New Chairman and Prepares to Restructure Capital Base
- Italian Government to Give 100% Cover on $7.2bn Financing for Algeria
- KIO Takes Stake in Hungary's Technoimpex
- Gulf Riyad Shows Profit for 1990 as Provisions Are Written Back Gulf
- Three more Saudi Banks Declare Increased Profits
- National Bank of Abu Dhabi Reports Lower Profits for 1990
- Egypt Takes Step towards Economic Reform with New Sales Tax