Issue 24
Oil News
- OPEC Assessing Market Situation
- IEA Sees Concerns Over Product Supplies Dominating Market Thinking, Keeping Crude Prices High
- OPEC Production Rose To 28.31Mn B/D In May With Most Of The Increase From Iraq
- US Department Of Energy Expects Tight Supply/Demand To Keep WTI Price Above $28/B
- Security Council Approves 8th Oil-For-Food Program; Iraq Produces 3.03Mn B/D In May
- Saudi Aramco Cuts Crude Prices For July To US Market But Raises Most Prices To Europe And Asia
- Saudi Aramco And KPC Raise LPG Prices For June After Spot Tenders Attract Strong Interest
- Crude Oil Formulas/Posted Prices
- NIOC Signs Contract For Gas Utilization Study By Nine International Companies
- TotalFinaElf Submits Recommendation For Leaking Pipeline In Iran’s Balal Field
- Petropars Awards $56.76Mn South Pars Pipelay And Loading Buoy Installation Contract To CCC/IOEC
- Oman’s Oil Output Running At Around 900,000 B/D
- Tanganyika Oil Concludes EOR Agreement With Syria For Oude Field
- Yemen LNG Gives More Details Of Gas Project Tender
- BP Amoco And EGPC Sign Letter Of Intent For LNG And NGL Projects
- SABIC To Close Jiddah Steel Rolling Mill
- Kuwait And Saudi Arabia To Continue Talks On Offshore Boundary
- No Parliamentary Debate On Project Kuwait Law Before The Autumn
- KUFPEC Extends Oil Concession Agreement In Indonesia For 20 Years
- Kuwait To Sell 30Mn Shares In Santa Fe
- Kuwait Plans To Build Two New Power Stations
- AT Energy To Study Potential In Unexplored Eastern Mediterranean
Financial & Banking News
- Saudi Mutual Funds Rise By 68% In 1999 Creating New Challenges And Opportunities
- Misr Duty Free Share Buy-Back Nearly Completed
- Net Foreign Investment In 'Amman Stock Exchange Reported At $7.5Mn
- Morocco Delays Telecom Sale Tender To September
- Lucent Technologies Wins $51Mn Contract To Expand EgyNet’s Business Customer Base
- Lebanese Banks Start To Tap Eurobond Market
- Long Term Ratings On Three Lebanese Banks Placed On CreditWatch Negative
- BLC Shareholders Vote Unanimously Against Raising Share Capital To $107Mn
- Correction
- Egypt’s Foreign Reserve Decline Starts To Taper As Economic Outlook Improves
- Lebanese Government Debt Continues To Increase
- UAE Records 10% GDP Rise In 1999
- EU To Finance Industrial Modernization Program In Lebanon
- Kuwait And Qatar Pledge $27Mn For Lebanon Reconstruction