Saudi gas plan aims to turn flare into fuel and feed petrochemicals
A 12 billion Saudi project collects and treats natural gas produced with crude oil to fuel power plants and supply feedstock for planned petrochemical plants. Initial plants come online late next year with more facilities in the mid 1980s as brand new installations appear across Al Jubayr and Yanbu al Bahr deserts.
MENTIONED IN THIS ARTICLE
Bahrain
Reuter
Saudi Arabia
al-Jubayr
Persian Gulf
Yanbu al-Bahr
Red Sea
Abdulaziz Showail
Petromin
Bank president defends profits in Canada
Grant Reuber of Bank of Montreal argues profits are driven by high money demand in a booming economy not by high rates. He notes a 34 percent rise in assets for Q2 and warns against taxation that could curb banking growth and the economy.
MENTIONED IN THIS ARTICLE
Montreal
Grant Reuber
Bank of Montreal
Canadian Automobile Association
Reuber
Canada
Canada Watchs United States for Economic Clues and Shifts
Canadian observers say U S trends largely drive Canada as inflation, rates, and growth hinge on American moves. U S producer prices ease hints at lower consumer prices, while Canada pursues tax hikes boosting near term inflation. Trudeau and Reagan governments drift toward cooperating policies amid business pushback.
MENTIONED IN THIS ARTICLE
Montreal
United States
U.S
Canada
Organization of Petroleum Exporting Countries
Britain
Mexico
Trudeau
Reagan
Canada Development Corporation
CDC
Medicine Hat News Brief June 10 1981
Local brief from Medicine Hat dated June 10 1981 highlights daily events and notices. Readers get concise items touching on community happenings and announcements from the city.
MENTIONED IN THIS ARTICLE
THE
Medicine Hat News
Also Mentioned on This Page
Joel Birnbaum
Allentown
Buffalo, N.Y
New York
Frankie
Ceatohel
Redcliff Drive
S.W
Medicine Hat
Herb Gray
Robert Bertrand
Combines Watchdog
Ronald Reagan
Wall Street
Jack Fraser
Visa
MasterCard
Medicine Hat Mall
S.S
Blazers
Dad
Tin
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