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Libya warns companies against buying oil, government to stop paying local militias

2013-11-07 09:37:11| IT Services - Topix.net

Libya's militias will no longer receive payments from the government after December 31st unless they enroll in the country's official security forces Libya's government announced Wednesday that it will stop paying armed groups from the 2011 uprisings and urged oil companies not to enter deals with terminals controlled by militia in the east of the ... (more)

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Today's oil prices slip on hopes of export resumption from Libya

2013-10-31 01:00:00| Offshore Technology

Oil prices slipped today on expectations that disruptions from OPEC member Libya could be short-lived, which increased fears about crude regarding supplies.

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UPDATE 2-Hess profit and production tumble after unrest in Libya

2013-10-30 18:09:04| Oil & Gas - Topix.net

Political and military unrest in Libya sharply curtailed oil and natural gas producer Hess Corp's quarterly production and profit, forcing it to temper expectations for the year, the company said on Wednesday.

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Spain's Repsol announces major oil find in Libya

2013-10-22 11:33:30| Oil & Gas - Topix.net

Facing a new work week, San Francisco Bay Area commuters girded for gridlock with a major transit strike underway, while federal investigators searched for clues to a weekend transit train crash that killed two... San Francisco Bay Area commuters are waking up to another day without the region's main commuter train line because of a strike.

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Repsol discovers oil at Murzuq basin in Libya

2013-10-22 01:00:00| Hydrocarbons Technology

Spain-based oil and gas company Repsol has discovered light oil (40 API) in Libyas Murzuq basin.

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