Issue 34
Oil News
- OPEC UNDER THE SHADOW OF THE JUNE CONFERENCE
- Iraq Still Ready to Accept Quota Parity with Iran, Says Oil Minister
- Iraq's Natural Gas Reserves Are Estimated at over 1,000bn Cu. Ms.
- New Terminal To Handle Iraqi Petroleum Products
- Venezuela Calls for Output Cutback in June
- Indonesia Says June OPEC Conference Should Focus on Quota Discipline
- North Yemen Raises Premium for Second Half Crude Sales
- Libya and Tunisia Agree on Joint Exploration of Continental Shelf
- Two Ships Hit by Iranian Speedboats
- US Attacks on Platforms Cost 50,000 b/d
- Kuwait and Japanese Buyers Agree on Price Formula
- Kuwaiti Ministry of Oil Sets Up Oil Affairs Bureau in Neutral Zone
- June Price Formula Cut by 5 cents/B
- Abu Dhabi Plans New Downstream Ventures
- Permanent Production Facilities Boost Output from Bahja Field
- World Bank to Evaluate Hydrocarbon Potential of Red Sea And Gulf of Aden
- Netback Values
Financial & Banking News
- Aggregate Profit of 23 Major Arab Banks Less than $100mn
- NBAD Loses $38mn after Heavy Provisioning
- KIO Will "Stop Investing" in Spain for 6-12 Months