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Issue 37

Oil News

  • Iran's Kharg Island Reconstruction Project Gets Underway
  • Oman Focuses On Gas And Foreign Downstream Ventures
  • OPEC Crude Production Rose By Over 400,000 B/D To 23.69Mn B/D In May
  • Iraq Prospects for UN-Iraq Oil Talks Look Dim
  • Husain Kamil Resumes Responsibility for Ministries of Industry and Oil
  • Carbon Taxation Could Undermine Producer Investments in Output Production Capacity Expansion, Says Nazer
  • Star Enterprise Reports 30% Drop in 1991 Pre-Tax Earnings
  • Samarec Raises June LPG Prices
  • Saudi Aramco Leases Amerada Hess Storage Capacity at St. Lucia
  • Yanbu' Propylene Plant Delayed until 1995
  • Iranian Output Rebounds in May
  • Turkey to Buy 3mn Tons of Iranian Crude Oil this Year
  • Yemen Rolls Over Price Formula for 3Q
  • Algeria Boosts Gas Sales to Spain
  • IPL Completes Pre-Engineering Work for Development of Bukha Gas Field
  • Banbi Signs Five New Concession Agreements
  • TPIC Finds Oil in West Qarun
  • FPC Output Now Averaging 338,000 b/d
  • Netback Values

Financial & Banking News

  • Syrian Budget Offers Little Ground for Optimism on Economy
  • Kuwaiti Debt Settlement Will Cost up to $19bn, Excluding Interest
  • Bahrain Arab International Bank to Close Voluntarily
  • English Court Backs Abu Dhabi Compensation Plan for BCCI
  • Barclays Arranges $25mn to Fund Development of Oman's Bukha Field
  • Qatar National Bank's Profits Rise by 24.1%

The Political Scene

  • The Political Scene
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