Issue 08
Oil News
- Saudi Arabia Will Not Agree To Cut Its Production At OPEC's Vienna Conference
- Badri Appointed Energy Secretary in Libyan Cabinet Reshuffle
- NIOC Cuts December Price of Heavy Crude to Japanese Buyers
- More Details on Saudi Aramco's Reorganization of Upper Management
- Saudi Formaldehyde Company to Double Capacity
- Samarec's November LPG Prices
- SABIC and Taiwanese Company Form Joint Venture for Diethylhexanol Plant
- Kuwait Will Go Ahead with Construction of New Petrochemical Complex
- Shell Boosts Volume of Kuwait Crude Contract
- Hiti on Impact of Iraqi Oil Exports on OPEC and World Markets
- Chairman of Iraq-Kuwait Boundary Commission Resigns
- Italy's Enel Decides not to Join Qatar's Eurogas Joint Venture
- Yemen Awards Shabwa Block No. 6 to Indonesian Firm
- LL&E Acquires 17% Stake in Crescent/British Gas Block No. 9
- Sonatrach Signs Exploration Contract with Western Consortium
- Rafsanjani Calls for Muslims to Use Oil as Lever against West
- Iran Files for Compensation from US for Rig Damages
- Petrobel Makes New Oil/Gas Discovery at Ras Garra
- SCA Opts for Limited Expansion of Suez Canal
- OAPEC Crude Oil Production Averages 15.23mn b/d in 1991
- ASRY Inaugurates Two Floating Docks
- Bahrain National Gas Company Posts 14% Increase in Net Profits in 1991
- GPIC Doubles Operating Profit in 1991 to $52mn
- Tunisia Awards Onshore Exploration Permit
- Netback Values
Financial & Banking News
- Japanese Eximbank and Commercial Banks to Refinance Credit for Iran
- Speaker of Iranian Parliament Defends Foreign Investment
- Omani Banks to Merge; More Consolidation in Banking System Expected
- Saudi French Bank to Raise Capital; Indosuez Will not Subscribe
- Bank of Bahrain and Kuwait to Eliminate Accumulated Losses
- Sparks Fly at Gulf Bank
- Kuwait Finance House Accepts Government Bonds to Cover Bad Debts
- Kuwaiti Finance Minister Predicts Lower Deficit for Next Year
- Egypt Will Request Time Extension to IMF Adjustment Program
- Egypt Changes Privatization Plans Again; More Delays Inevitable
- Omani Inflation Fell to 7.2% in 1991