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Issue 48

Oil News

  • OPEC OUTPUT CUTBACK ACCORD TAKES EFFECT
  • OPEC Has Not Abandoned its Market Share Strategy, Says OPEC President
  • Oman Announces 50,000 b/d Cut: OPEC Members Affirm Compliance
  • Norway Working on Concrete Plan to Reduce Growth in Oil Exports
  • Venezuela and Nigeria welcome Norwegian Statements
  • Iranian Oil Exports Gradually Returning to Normal
  • SCOP Extends Invitation Bid Period for IPSA-2
  • Abu Dhabi and Oman Raise August Prices by $3.85/B
  • Egypt Raises Oil Prices by 50 Cents/B for First Half of September
  • Kandil Signs Two Concession Agreements with GPC and Hopes to Sign Amended Gas Agreements with Amoco and Shell Shortly
  • KPC's estimated Revenues Down by 28% in 1986-87 Budget
  • KPC Adopts New Trade Mark for Its European Oil Products Network
  • Libya Resumes Oil Payments to Turkish Contractors
  • Enagas Underlifts Algerian LEG
  • New Petrochemical Plant at Arak
  • Big Fall in Offshore Neutral Zone Output in First Half 1986
  • OXFORD ENERGY SEMINAR GETS UNDER WAY

Financial & Banking News

  • Government Commercial Borrowing Soars in UAE
  • KIIC Reports First Half Recovery
  • KIO Buys 14.7% of UK Engineering Company
  • Saudi Arabia Pays $180mn to Syria
  • IDB Lends Turkey $26.25mn
  • US Grants Sudan $25mn

The Political Scene

  • The Middle East Situation

Op-Ed & Documents

  • MARKET STABILITY AND ITS REQUIREMENT
  • OPEC: THE NEW CHALLENGE
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