Issue 10
Oil News
- Oil Price Slide Tests OPEC Accord But IEA Forecasts Remain Bullish
- OPEC Basket Falls 86 cents to $18.70 in November
- Saudi Price Formulas for January
- Abu Dhabi Cuts Prices by $1.10/B for November
- Nigeria Raises Crude Prices for December
- Kuwait Will Not Accept OPEC Quota until Pre-Invasion Capacity of 2.5mn Is Reached, Says Baghli
- Kuwait Scales Down Plans for New Petrochemical Project
- KOTC Takes Delivery of Fourth Korean Built VLCC
- KUFPEC Plans to Start Commercial Production in Tunisia
- Hiti Calls on Saudi Arabia and Iran to Cut Production to Make Room for Iraq's Return
- UN Should Fulfill Obligations to Iraqi People, Says Tariq 'Aziz
- Foreign Investment Expected to Boost Algeria's Oil and Gas Export Capacity
- Security Council Members Threaten Tougher Sanctions against Libya, but Oil Embargo Unlikely
- Restructuring at Qatargas
- South Korea Agrees to Purchase Qatari LNG
- Crescent Sets New Horizontal Drilling Record and Completes Thamama Development Program at Mubarek
- EGPC Bids Committee Approves Award of Second Oil Concession to Private Egyptian Company
- Third Round of Saudi-Yemeni Border Talks Adjourned
- Nimir Petroleum Produces 5,000 b/d from Sakhalin Field
- Alba Completes Expansion Program
Financial & Banking News
- Out of the Frying Pan and into the Fire: Kuwaiti in Banking the Mid-1990s
- Warburgs to Take Over Management of National Bank of Kuwait's Investment Management Arm
- Central Bank Approves Merger between Industrial and Real Estate Banks
- Kuwait's Alahli Bank and Commercial Bank Announce Capital Increases
- Saudi/Mobil MTBE Venture Chemical Plan Moves ahead, but Financing still not in Place
- Jordanian Cabinet Approves Draft Budget for 1993
- Rafsanjani Says Exchange Rate Will not be Unified before Next Financial Year
- Spain to Lend $500mn for Trans-Maghreb Pipeline