Issue 24
Oil News
- OPEC Will Need To Cut 2mn B/D From February Production To Meet March Quota Target
- OPEC Will Need To Cut 2mn B/D From February Production To Meet March Quota Target
- Iranian Exports Reached New Peak in February
- Abu Dhabi Readjusts Production Cutback
- ADNOC Awards Contract for Bab Condensate Recovery Project
- YEPC Proposes Large-Scale LNG Project for Marib-Jawf Gas
- Total Tests Two Discoveries in East Shabwa Block
- Yemen Crude Price Formula Unchanged for Q2
- Qatar Price Formulas Unchanged for February
- Algeria Raises Price Formula for March
- Iraq Refuses to Export Oil under Present UN Terms
- Kuwaiti Parliamentarians Unhappy with OPEC Accord
- Bechtel Oilfield Contract Extended for Three Months
- KPC Expands Activities in Far Eastern Markets
- US Crude Oil Imports from OPEC Rise by 2.4% in 1992
- Egyptian Council of Ministers Approves Seven Oil Agreements
- 1992 Oil and Gas Output Up 2.4%, Net Oil Trade Revenue Down 3.5% Egypt's
- Fire Shuts Down Hydrocracker at Petromin-Shell Refinery
- SABIC's 1992 Profit Dips 15%
- SAFCO's Profit Down 33% in 1992
- Two Japanese Firms Win Contract for Hassi R'Mel Gas Plant
- Loan for Liquid Helium Plant Ratified
- Turkey and Azerbaijan Agree on $1.4bn Crude Oil Pipeline to Mediterranean
- LNG Trade Increased by 5.5% in 1992, Says Cedigaz
- OPEC/IPEC Ministerial Meeting Set to Convene in Oman on 13 April
Financial & Banking News
- Investcorp's $350mn Loan Nears Completion
- Syndication of Gulf Air Loan Begins
- Salih Kamil Outlines Size of His Business Empire
- Faysal Islamic Bank of Bahrain Will Raise Capital; Shows Profits Increase
- Abdesselam Puts Fight against Inflation before Devaluation
- Iran's Non-Oil Exports Grow by 15%
- Deficits of GCC States Double to $27.62bn in 1992, Study Says
- Kuwaiti Finance Minister Gives Breakdown of Government Debt Purchases
- Saudi Cairo Completes Recovery Program
- First Results from UAE Banks Show Positive Picture