Issue 11
Oil News
- OPEC Production Hits New High Of 25.49Mn B/D In November
- OAPEC Appoints New Head for APTI
- Iranian Output Tops 3.8mn b/d in November
- Work on Qeshm Iron Complex Begins
- Nazer Predicts Oil Market Recovery
- Samarec Awards 1993 Product Sale Contracts
- Nazer Inaugurates New Petrolube Operation in Egypt
- CanadianOxy Announces the Discovery of Six New Fields in Masila Block
- Sonatrach Signs Production-Sharing Contract with Pluspetrol
- Oman Cuts November Oil Price by $1.05/B
- Qatar Price Formula Unchanged for November
- Jebel Ali Refinery Still under Consideration
- Iraq Inaugurates Saddam Canal
- UN Votes to Continue Sanctions against Libya
- IFP and ENSPM-FI Plan Petroleum Management Gathering in Paris
- Bahrain to Host Petroleum Economics Seminar
- Netback Values
Financial & Banking News
- Grupo Torras Given Protection from Creditors while Rescue Plan Drawn Up
- Kuwait's Investment Houses to Merge; KIIC Sells Stake in UBK
- Saudi American Bank to Double Capital through Transfer from Reserves
- Saudi Prince Boosts Rival Bid for Circle K
- Iranian Minister Predicts Single Exchange Rate in Next Iranian Budget
- UAE Federal Budget for 1993 Will Be Unchanged from 1992, Minister Says
- Kuwait Fund Maintains Disbursements in Line with Previous Years