Issue 24
Oil News
- OPEC Moves Towards Target Output Reduction In March
- Iran Raises 2Q Price Formula for Heavy Crude Leaving Light Unchanged
- Yazd Steel Plant Contract Awarded to Mitsubishi/Danielli Group
- Kuwait Raises 2Q Price Formula by 15 Cents/B
- Kuwaiti Oilfields Now Clear of Mines
- Iraq Wants to Export Oil Outside Security Council Mandate, Says 'Aziz
- Iraqi Oil Minister Confirms Contacts with Western Oil Firms
- Sonatrach Embarks on First International Exploration Bidding Round
- Sonatrach Awards Contract for LPG Pipeline
- French-British Group Wins Study Contract for Straits Section of Western Gas Pipeline
- US Treasury Fines Six Companies for Libyan Sanctions Violations
- EGPC to Extend Bidding Deadline for Suez Gulf and Western Desert Acreage
- Terms of TPIC's West Bahariya Concession
- Gulf of Suez Oil Discovery for Gupco
- Petrojet to Rebuild Platform for Gupco's Offshore Sidqi Field
- Harken Plugs First Offshore Bahrain Wildcat as Dry Hole
- Samarec Adjusts March LPG Prices
- SABIC Acquires Licensing Rights for IFP's Butene-1 Process
- Howden Wins SABIC Insurance Contract
- Lebanon Invites Companies to Search for Hydrocarbons
- Iran and Bahrain to Build Alumina Powder Plant on Qeshm Island
- GIIC Plans Production Boost at Bahrain Iron Pellet Plant
- World LNG Trade: A New Growth Phase
- Netback Values
Financial & Banking News
- Libyan Takeover of ALUBAF-Bahrain and Algerian Move into UBAF-New York Confirms Disintegration of UBAF Group
- Kuwait Asia Bank Starts Liquidating Assets, Pending Decision On Future
- National Bank of Ras Al-Khaimah Declares Increased Profits Again
- Emirates Bank International Mops up Middle East Bank
- Tariq `Aziz Says Iraq is Committed to Repaying Debts and Interest
- Emirates Bank International Mops up Middle East Bank
- Tariq `Aziz Says Iraq is Committed to Repaying Debts and Interest