Wintershall’s BASF and DEA-LetterOne sign Letter of Intent to merge their...
DEA Finance SA announced that LetterOne, the shareholder of the DEA Group, has confirmed it has signed a Letter of Intent with BASF to...
Oil dips on rising U.S. fuel stocks, but OPEC’s supply cuts...
Oil prices dipped on Wednesday, as refined product inventories in the United States rose in what the market interpreted as a sign of lacklustre...
Opec’s surprise oil deal with Libya seen as empty gesture
Opec (Organization of the Petroleum Exporting Countries) appeared to score a diplomatic coup last week by persuading Libya, its most troubled member, to accept...
Libyan-British oil industry cooperation conference proposed
UK ambassador Peter Millett has suggested to NOC chairman Mustafa Sanalla that a conference be held next year in Aberdeen to assess ways in...
Oil prices fall after U.S. drillers add rigs
Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their highest since mid-2015, supported...
OPEC exempts Libya from oil production cuts in 2018
OPEC exempted Libya and Nigeria from oil output cuts in 2018 on the condition that the output limit will be as that reached in...
OPEC, Russia agree oil cut extension to end of 2018
OPEC and non-OPEC producers led by Russia agreed on Thursday to extend oil output cuts until the end of 2018 as they try to...
Mytilineos wins first Libya power plant deal
Greek engineering, procurement and construction company Mytilineos has won its first project in Libya with a $400m deal for a new power plant in Tobruk.
The new dual...
GECOL, GE and Metika signed an MoM to install a new...
Powering up Libya:
Leadership of GECOL, GE and Metika signed an MoM to erect and install a new power plant in Tobruk, Libya with a...
Tobruk government reaches out to China to transmit solar power to...
Tobruk government reaches out to China to transmit solar power to EU
The eastern government of Abdullah Al-Thanni held talks in Bayda on Tuesday with...
