Issue 44
Oil News
- Iranian/Japanese Negotiations On Development Of Hormuz Oil-fields Reach Deadlock
- Nigeria Raises Prices of Heavy Crudes by 15 Cents/B in August
- Libyan Price Formulas for August
- Egypt Keeps Price of Suez Blend Unchanged for August but Raises Prices of Heavier Crudes
- Ait-Laousssine Will Undertake Oil Assignments for Algerian Premier
- Kuwait/BP Finalize Technical Services Agreement
- Full Details of Kuwait's Naphtha Sales to Far East
- UN Boundary Commission Finalizes Land Demarcation between Iraq and Kuwait
- Turkey's Inauguration of Ataturk Dam Causes Row with Syria and Iraq
- Cabinet Reshuffle in Iraq
- Russia Joins Caspian Pipeline Consortium
- Harken Plans to Drill Second Exploratory Well Northeast of Manama
- Pemref's MTBE Unit Starts Up
- SABIC's First Half Profits Slump
- Petrolube Sets Up Marketing Company in Morocco
- Netback Values
Financial & Banking News
- Plea Bargain by Kamal Adham Gives Big Boost to BCCI Prosecutors
- Religious Sentiment May Delay Saudi Bank Share Offerings
- Kuwait's Council of Ministers Approves Offset Plans
- KIO Puts Three Months' Working Capital into Ercros
- Karrubi Resigns from Martyrs' Foundation
- ABC Declares $45mn First Half Profit; Balance Sheet Almost Unchanged
- Bank of Bahrain and Kuwait Publishes Unqualified Results and Profit for 1991
- IMF Figures Show UAE Federal Budget in Surplus 1990-1991
- Algeria Receives EC Assistance for House Building Program