Issue 51/52
Oil News
- Iran Buybacks Impasse Hampers International Ambitions
- Another Russian Company To Be Awarded Lukoil’s West Qurna Contract
- Iraqi Opposition Yet To Decide On Detailed Economy/Oil Policies
- $30-40Bn Needed To Sustain/Develop Iraq’s Oil Industry, Says CFR/Baker Report
- Iraq’s Power Generation Capacity To Reach 5,200MW By Next Summer
- PDVSA Strikers Defy Court Order To Restart Oil Industry, Output Down To 200,000 B/D
- Venezuela Exports Not Easily Substitutable, Says JP Morgan
- Crude Prices Boosted By US-Iraq Tension And Venezuela Strike
- Crude Oil Formulas/Posted Prices ($/B)
- IEA Revises Production Capacity Estimates For Venezuela and Kuwait
- Conoco Phillips Cuts Production Target, Plans To Boost Cost Savings And Asset Sales
- Linkage Of European Gas Prices To Oil Set To Continue, Says HSBC
- SABIC EuroPetrochemicals Opens New Polypropylene Plant In The Netherlands
- Cabinet Adds Its Approval To AOC Agreement
- Kuwait/Saudi Talks On Maritime Border Demarcation Details
- Zakum/Umm Shaif Production Averages 400,000 B/D
- BP Azerbaijan Reports 2002 ACG Oil Production 128,000 B/D, Reveals Plans For 2003
- CPC Pipeline Avoids Natural Monopoly Status For Now
- Lukoil To Hold On To Shah Deniz Partnership, Will Sell AIOC Stake To Japan’s Inpex
- East European States Agree To Link Druzhba And Adria Pipelines
- NIOC And Statoil Sign GTL MOU
- Energy Charter Conference Accepts Iran As Observer
- Q-Ship Expanding Interest In LNG Carriers
- Atlas-Led Consortium Chosen For Zarqa Refinery Expansion Feasibility Study
- EU Issues Blacklist Of Single-Hull Vessels And Proposes 2010 Ban On Aging Tankers
Financial & Banking News
- Iran’s Draft Budget Projects 21% Increase In Spending
- SBB Forecasts Saudi Arabia’s GDP To Climb 1% in 2003
- Private Sector Investment Is Key For MENA Job Creation, Says Report
- UNCC Approves $182Mn In Compensation Awards
- Retrial Ordered For Jailed Former Egyptian Finance Minister
- Modest Initial Response To STC Flotation, But Bankers Still Expect Oversubscription
- Lebanon’s Mobile License Auction Nears As Cellis And LibanCell Sign Transfer Agreement
- Syrian Minister Says Decision To License Private Banks Irreversible
- New Chairmen For National And Misr Banks
- UK’s ECGD Completes First Iranian Deal In 20 Years
- DIFC Regulatory Authority Publishes Proposed Fee Structure
- Moody’s Downgrades Cairo-Amman Bank
- Fitch Puts Bahrain Ratings On Watch With Positive Outlook
- World Bank Giving $45Mn To Provide Emergency Social Services To Palestinians
- World Bank Lends Tunisia $78Mn For Urban Development
- Alcatel To Expand And Modernize UAE Fixed Line Network