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Al Ghurair eyes $1.5bn investment in LibyaUAE-based Al Ghurair Group is planning to invest $1.5 billion in a refinery over the next four years, a senior official of the group was quoted as saying. The group already has a 50 per cent stake in the largest refinery in Libya an More… |
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Gaddafi forces attack refinery, kill 15Forces loyal to Muammar Gaddafi attacked the front gate of Libya's largest oil refinery near the coastal town of Ras Lanuf on Monday, killing 15 guards and wounding two, witnesses said. "About 14 to 15 trucks came in from the direction of More… |
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Libyan Ras Lanuf refinery ready to restart opsLibya's largest oil refinery, Ras Lanuf, is intact despite intense fighting nearby between rebels and Muammar Gaddafi's troops and staff are preparing to restart operations at the 220,000 barrel per day plant, the general manager told Reut More… |
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Libyan troops push back rebels from oil townA sustained bombardment by Muammar Gaddafi's planes and tanks beat back rebels from the Libyan oil port of Ras Lanuf on Saturday, and insurgents warned the uprising could be crushed completely without a no-fly zone. But the Arab League More… |
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Gaddafi forces hit deeper into rebel heartlandLibyan tanks fired on rebel positions around the oil port of Ras Lanuf and warplanes hit another oil hub further east on Thursday as Muammar Gaddafi carried counter-attacks deeper into the insurgent heartland. In the west, Gaddafi's ar More… |
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East Libya oil offices abandonedThe offices of Harouge Oil Operations in Ras Lanuf, a key oil terminal, were abandoned on Saturday after rebels won control of the eastern Libyan town. Rebels have seized most of eastern Libya, the main oil producing region in the OPEC mem More… |
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Libya, UAE firm sign refinery dealLibya's National Oil Corporation has set up a joint venture company with a UAE energy consortium to develop the Ras Lanuf oil refinery in Libya, the UAE state news agency said. NOC chairman Shokri Ghanem signed the agreement, setting up th More… |
