Issue 23
Oil News
- OPEC Achieves Modest Output Cut In February: Much More Needed In March
- Parra Appointed Venezuelan Energy Minister
- UN Security Council Debates Use of Confiscated Iraqi Financial Assets Abroad
- Elf and Total Confirm Contacts with Iraq on Potential Oil Development Deals
- Saudi Arabia Narrows Light/Heavy Differentials in April Price Formulas
- OPEC Basket Price Rose to $16.91/B in February
- Abu Dhabi and Oman Raise Prices 25-50 Cents/B in February
- Nigerian Price Formulas for March
- No Change in Yemen Price Formula for 2Q
- No Change in Qatar Price Formula for February
- IEA Downgrades US Demand Projections for 1Q 1992
- US Crude Oil Imports from OPEC Decline by 5% in 1991
- Oil Minister Banbi Explains Egypt's Oil Policy
- TPIC Acquires West Jabal al-Zeit Tract
- Abu Dhabi Projects Production Cut in March
- EPPCO to Market Unleaded Gasoline in UAE Northern Emirates
- New Oil Terminal at Dubai's Port Rashid
- Iranian Output Steady at 3.4mn b/d in February
- Labor Unrest in the Yemen; Major Three-Day Strike Set for Mid-March
- KOC/Getty Resume Production from Onshore Neutral Zone
- Transworld Subsidiary Awarded Exploration Acreage in Oman
- Qatargas Signs for Elf Aquitaine Sulfur Recovery License
- Syria-Tunisia in Oil-Fertilizer Barter Deal
- ASRY Awards $11.5mn Civil Works Contract for Floating Docks
- Trade LNG Trade Increases 8% in 1991, Says Cedigaz
Financial & Banking News
- Gulf Is Unlikely Destination for Bulk of Libyan Assets
- Jordan Wins Paris Club Rescheduling, but London Club Deal still Distant
- Saudi Aramco Loan Raised to $2bn
- Investcorp Arranges $300mn Injection for Saks Fifth Avenue
- Impact of Saudi Political Reforms on Financial System Will Be Limited
- Iran's Non-Oil Exports Double
- UAE Issues Federal Budget for 1992
- Saudi Cairo Reports Big Increase in Pre-Provision Profits
- Bahrain Middle East Bank Shows Small Profit but Says Balance Sheet Is Clean
- Al Saudi Al Fransi Records Fourth Successive Profits Rise