SAUDI OIL COMPANY GETS NEW ACTING GOVERNOR The acting governor of Saudi Arabia's state-owned oil company, Petromin, Jamal Hassan Jawa, has retired at his own request, oil industry sources said. They said Ali Ibrahim Rubaishi, head of organisation planning in Petromin, would take over as acting governor. Jawa held the post since his predecessor, Abdul-Hadi Taher, left in a major oil industry shake up last December. The sources said Rubaishi had not been expected to hold the post permanently. The government removed Taher and Oil Minister Ahmed Zaki Yamani from their posts late last year in a move which industry sources said was aimed at coming to grips with a buyers' oil market. The two men had run the Saudi oil industry for more than 20 years. Industry sources said that despite huge resources, Saudi Arabia had been unable to mould an oil marketing strategy tuned to the competitive realities of the 1980s glut. Hisham Nazer, who replaced Yamani, successfully led an OPEC-engineered return to fixed oil prices of 18 dlrs a barrel last December. Nazer is believed to be reviewing Saudi oil operations which could lead to a thorough overhaul in the way Saudi Arabia does business, the sources said. The sources had said possible candidates for the governor's job include Prince Abdul Aziz Ibn Salman Ibn Abdul Aziz, who earlier ran a research center at Saudi Arabia's University of Petroleum and Minerals, and former Deputy Planning Minister Faisal Beshir. They also list Abdulla Bakr, President of the University of Petroleum and Minerals, economist Ali Jonahi, Ahmed Shinawi, and Zuheir Masoud, director of Jeddah Islamic Port.