Issue 27
Oil News
- OPEC March Output Down 1.27 Mn B/D From February But Still 0.7Mn B/D Over Quota
- No Additional Oil Allocation Needed To Fund Coming Two Years Of Al-Yamamah 2 Defense Program
- No Additional Oil Allocation Needed To Fund Coming Two Years Of Al-Yamamah 2 Defense Program
- UN Sanctions Renewed Against Iraq; US Depersonalizes Conflict With Saddam
- UN Compensation Commission Appoints Panel To Review Claims And Recommend Payments
- Iraqi Firm Awarded Power Contracts In Yemen And Sudan
- US Toughens Stand Against Iran; Oil Companies Urged Not To Buy Iranian Oil
- Iran And Gaz De France Form Joint Gas Company
- Arak Refinery Start-Up Falls Behind Schedule
- US Calls For Oil Embargo Against Libya; Europe Remains Uninterested
- Libya Channeled 213,000 B/D Through Its Integrated Downstream System In Europe In 1992
- Libya Awards $1.6Bn Power Contract To South Korea's Hyundai
- Libyan Crude Oil Prices For April
- More OPEC Attacks On Proposed Energy Taxes
- Yemen's Presidential Council Ratifies E & P Agreement With British Gas
- Elf Plans Expanded Production Facilities By Mid-1994
- Khalda Petroleum Spudds Tarek-2 Appraisal Well
- Elf's Production From Sahmah Field Rises To About 14,000 b/d In 1992
- Morocco Offers Shares Of Product Distribution Firms To Private Investors
Financial & Banking News
- Albaraka International Fails Regulation Hurdle And Leaves London
- Gabandi's Departure From KIA Confirmed, Al-Badr Proposed As New Chairman
- NCB's Appointment Of Michael Callen Confirmed
- US Will Continue To Oppose World Bank Loans To Iran, Administration Says
- Morocco, Tunisia And Algeria To Benefit From New Aid Flows
- Kuwait's Chamber Of Commerce Publishes Proposals On Personal Indebtedness
- Iranian Cabinet Prohibits Profiteering Following Devaluation of Riyal
- UGB's Profits Fall Due To Interest Problems