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Integrated strategy key to ME oil firmsToday, the Middle East’s NOCs are no longer simply energy producers, they serve as geographically dispersed corporations with global interests. The stakes for these organizations are especially high given that new sources of energy are bec More… |
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Libya probing Gaddafi era oil dealsLibya has started investigating foreign oil companies over their past relationships with the former Muammar Gaddafi government, an investigator with the ruling National Transitional Council (NTC) said. Salem Qanan, who sits on the NTC's Oi More… |
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Libya's oil exports surge in DecemberLibya's oil exports will surge to over 500,000 barrels per day (bpd) in December, a senior source at the country's National Oil Corporation (NOC) told Reuters on Wednesday. The NOC plans to export 24 cargoes in December, having fin More… |
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Libya forecasts full crude exports by end-2012Libya's National Oil Corporation (NOC) expects crude exports to rise to 1.345 million barrels per day (bpd) by the fourth quarter of 2012, indicating the Opec member's oil is returning to the international market faster than expected. The More… |
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Libya to begin oil export in 10 daysLibya will begin exporting crude oil from the eastern port of Tobruk within 10 days and could be producing 1 million barrels per day (bpd) within six months, the chairman of the National Oil Corporation (NOC) told Reuters. The North Africa More… |
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Batelco restores Internet after cable faultBatelco, the leading telecom service provider in Bahrain, implemented emergency plans to restore Internet connectivity to key destinations following a cable cut incident 170 km off the coast of Dubai recently, the company said. Ahmed Al Ja More… |
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Libya oil firm chief Ghanem leavesNOC, Libya's state oil firm, has identified its second-ranking official as the company's acting chairman, apparently confirming media reports that veteran chairman Shokri Ghanem has left the post. Ghanem's departure is likely t More… |
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Libya, UAE firms sign $2.5bn refinery dealLibya's National Oil Corporation (NOC) said on Monday it has signed a deal worth $2.5 billion with UAE firms to upgrade a Libyan oil refinery. The Star Consortium of TransAsia Gas International and Star Petro Energy signed the 50-50 joint More… |
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Sponsorship rules clarifiedExpatriate workers can transfer visas only after getting a NOC from their sponsor, the Saudi Ministry of Labour said. The ministry clarification came soon after rumours spread among expatriates that permission of the sponsor would n More… |
