Issue 45
Oil News
- OPEC Crude Production Dropped by 300,000 B/D In July
- Saudi Aramco Hikes Prices In All Regions, US Singled Out For Highest Rise
- OPEC Basket Price Gains $0.91 To Reach $17.41/B In July
- Abu Dhabi Raises July Crude Prices By $0.60-0.75/B
- Nigeria Reduces August Price Formulas By $0.10-0.13/B
- Saudi Aramco Raises August LPG Prices
- Saudi Arabia/Mobil To Go Ahead With Second Lube Refinery
- SABIC Sets Up Marketing Affiliate In India
- Iranian Output Down Again in July
- Rafsanjani Inaugurates Second Phase Of Bandar Imam Petrochemical Complex
- IEA Forecasts Continued Demand Gains In First-Quarter 1995
- Clinton Says Iraq Still Poses Threat To US Security
- Pipeline Flushing May Be Delayed Till 1995
- Qatar Starts Scheduled Maintenance Of Offshore Fields
- Mina Al-Ahmadi Refinery Operating Normally Despite Fire
- Oman And India Sign MOU For Joint Fertilizer Plant In Oman
- Aden Refinery Resumes Production
- First Half 1994 Sumed Throughput Highest Ever
- Five Companies Submit Bids For Al-'Amiriya Ethylene Plant
- Oxy Spuds First Well In West 'Ish Al-Mallaha Concession
- Milihouse Awarded Construction Contract For Central Area Gas Project
- Morocco To Liberalize Crude Oil/Products Trade In 1995
- Jordan Signs Agreement With Lloyds For Cargo Inspection At 'Aqaba
- JPMC Concludes Deal With Pakistani Firm For $370Mn Fertilizer Plant
- Topping Plant For Gaza Under Consideration
- Netback Values
Financial & Banking News
- Saudi Arabia To Defer Repayments On Balance Of Payments Loan
- ...And Sceco-Central Award Delayed While Financing Is Reconsidered
- Export Credit Support Becomes Essential When Bidding For Kuwaiti Contracts
- Major Forthcoming Projects in Kuwait
- European Banks to Sign Export Credit Deal for Kuwait Air-ways
- Omani Banks Stronger After Mergers, Now Face Challenge Of Private Banking Sector
- Algeria's Final Budget Estimates Projects $3.7bn Deficit For 1994
- ABC Shows Increases Profits