Issue 29
Oil News
- No Further Cut In OPEC Output Ceiling Expected At 24 April Vienna Meeting
- US and UK Hint at Possible Future Oil Embargo against Libya; European Objections Expected
- UN and Iraq still Far Apart on Resumption of Oil Sales
- UN Border Commission Awards Parts of Rumaila and Umm Qasr to Kuwait
- Saudi Arabia Warns Oil Companies About Disputed Border with Yemen
- Iran Evicts UAE Nationals from Abu Musa Island
- KPC Signs Letter of Intent with BP on Reservoir Damage Assessment
- Low-Key Talks Scheduled for OPEC-IPEC Ministerial Meeting
- Samarec Adjusts April LPG Prices
- FPC Invites Bids for Second Stage of Omar Field's Water Injection Scheme
- YCIOM Says Oil Service Joint Ventures Capitalized at $53mn
- Iran to Build Lube Oil Plant in Turkmenistan
- Siemens Awarded Power Plant, Desalination Unit Contracts for Qeshm Island
- Netback Values
Financial & Banking News
- Iranian Election Result Keeps Rafsanjani's Options Open for Economic Reform
- Latest Saudi Borrowing Develops Kingdom's Debt Strategy, but Some Bankers Are Unhappy
- Al-Rajhi to Provide $51mn towards Alba Power Station
- BNP to Go It Alone with BAII
- Foreign Banks in Egypt Will Be Allowed to Conduct Local Currency Business
- New Share Flotation for Saudi Investment Company
- Lebanese Pound Falls to New Lows