Issue 20
Oil News
- OPEC EXPERTS ESTIMATE JANUARY OPEC PRODUCTION AT 19.377MN B/D BUT SUPPLY IS CLOSE TO QUOTA
- SAUDI OIL MINISTER URGES USA NOT TO IMPOSE FEE ON OIL IMPORTS
- KPC Completes $2bn Modernization of Mina Abdullah Refinery
- KNPC Plans Construction of MTBE Unit at Mina al-Ahmadi Refinery
- Kuwait and USSR Sign Agreement on Oil Industry Cooperation
- Kandil Says Egypt Plans to Stabilize Production at 870,000-900,000 B/D
- Egyptian Oil Prices Remain Unchanged for Second Half of February
- Saudi Arabia Eases Cuts for Japanese Customers
- SAFCO Plans to Build New Fertilizer PLant
- Saudi Aluminium Smelter Project on Course
- Belleli Saudi Wins SADAF Contract
- Prime Minister Inaugurates Omar Field; More Field Developments in Prospect
- PDO Links Two New Discoveries to Export Pipeline
- Price Formula for Sarir
- Four-Nation Arab Summit Proclaims Arab Cooperation Council
Financial & Banking News
- Egypt Promises Austerity Measures
- Iran to Privatise Industries Soon
- Bank of England Sees Shrinking OPEC Surpluses
- FEME Profits Slump after Investment Losses
- EC Aids Four Arab Countries
- World Bank and US Lend $92mn to Algeria
- OFID Lends $311mn to Seven Countries
- IDB Lends $28mn to Three Arab Countries
- Saudi Arabia Completes Aid Pledge to PLO
- ADFAED Lends $11mn to Oman