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Issue 31

Oil News

  • OPEC's Geneva Deal On Output Cutbacks Has Positive Features But Faces Stern Market Test
  • Iranian Oil Minister to Visit Kuwait on 15 May
  • Two Major Oil Discoveries at Bu Attifel Oilfield
  • Second Horizontal Well Drilled at Bouri
  • Accord Signed with Agip for Assessment of Offshore Gas Utilization
  • Iraq Warns OPEC Over-Producers
  • Gulf States to Export 20Mn B/D by Year 2000, Says US Ambassador
  • Differential between Murban and Oman Reduced to 60 Cents/B in April
  • Texaco Relinquishes Concession in North Yemen's Central Plateau
  • PDO Allocates $500Mn for Development of Lekhwair Oilfield
  • Oman's Gas Revenues Reach a Record $144Mn in 1989
  • Egypt Raises Crude Prices by 45 Cents/B for First Half of May
  • Amoco's Share of Gupco Production Down 4% in 1989
  • 131% Hike in Price of Butane
  • Netback Values

Financial & Banking News

  • Syrian Budget Shows Continuing Strain
  • UAE Shows Big Rise in Oil Revenues
  • BCCI - now for the hard Part
  • NBAD and MEB Show Profit Increases
  • ABC Finalizes Share Launch
  • Morocco Seeks IMF Approval through Budget Changes
  • Sudan Appoints New Finance Minister

The Political Scene

  • The Political Scene
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