Issue 35
Oil News
- OPEC In Vienna: Outlook Is For 3Q Rollover Followed By 4Q Output Increase
- OPEC Oil Ministers Explore Vistas For Producer-Consumer Cooperation
- Kuwait's Request for Oil Assistance Turned Down by GCC
- Nazer Denies Reports of Fall in Saudi Capacity and Delay in Expansion Program
- Samarec Abandons Term Sales of Gas Oil
- Saudi Aramco Invites Tenders for Capacity Expansion and Refinery Upgrading Projects
- SABIC's First Quarter Profits Up 33.7%
- Yanbu` Titanium Dioxide Plant to Start Up in August
- Total Signs Major Deal with Iran on Offshore Oilfield Development, Crude Puchase and Prefinancing
- Iran Asking for Prepayment Deals with Japanese Customers
- Qatar Awards Development Contracts for North Gas Field to Total and Elf
- Libya Reduces June Price Formulas
- No Change in Nigerian Price Formulas for June
- OPEC May Consider Dropping Quotas in Two to Three Years Time, Says Perez
- US Crude Imports from OPEC Decrease 21% in 1Q91
- Libyan Foreign Minister Invites American Oil Companies to Return
- Kuwait Recruits Iranian Fire-fighting Team
- KPC Reopens Head Office in Kuwait
- Sonatrach Makes Oil Discovery in Western Algeria
- Neste Oy Acquires Chevron's Oil and Gas Assets in Oman
- Sha'rawi Appointed Head of EGPC
- Hiti Appointed Minister of Oil
- NPCC Wins Abu al-Bukhoosh Contract
- Aden Port Free Zone Reopened
Financial & Banking News
- Silver Linings To Dark Clouds Over Bahrain's Offshore Banking
- Paris Club Agrees to Write Off $10bn for Egypt Following IMF Accord
- Kuwait Considers Options for Financing Reconstruction Costs
- Iran Wants $27.7bn in Foreign Credit for Five-Year Plan, Says Finance Minister
- Spain Loans Tunisia $100mn, Bolsters Relations with Maghreb States