OIL to float foreign arm in 4 months, sets sight on Lanka
Source: India Abroad
Tripoli :: Libya | updated 2013-06-17 23:54:44 -0700 | business-news
The company, which has a subsidiary in the US and special purpose vehicles for foreign businesses, has lined up a $1-billion (around Rs 5,800-crore today) capital expenditure plan for exploration purposes abroad, a top official said. There will be a...
Libya oil production slows as world looks elsewhere for fuel
Source: The Christian Science Monitor
Tripoli :: Libya | updated 2013-06-13 14:09:08 -0700 | business-news
Gains in production elsewhere may mean a long road ahead for oil in Libya...Libya , a leading African oil producer, hasn't recovered from civil war. The state oil company said it wasn't able to return to its pre-war glory because...
Congress Asked to Sell C-130 Transports to Libya
Source: The Motley Fool
Tripoli :: Libya | updated 2013-06-10 17:26:29 -0700 | business-news
will be the prime contractor on this sale, which is valued at $588 million. AE 2100D3 engines for the four-engine planes, and two spare engines, plus modifications to be made on the planes, radio equipment and other accessories, technical documentation,...
Website for Weekend Plans
Source: Fox
Tripoli :: Libya | updated 2013-06-08 07:00:53 -0700 | business-news
This transcript is automatically generated Something completely different -- next guest runs a website that gives you a quick and easy way to find and -- local events. Sam London joins us now with -- Then believe that's the name...
Libya moves oil headquarters to Benghazi
Source: United Press International
Tripoli :: Libya | updated 2013-06-06 10:17:27 -0700 | business-news
Libyans need to get used to moving around in response to a decision to move the headquarters of a national oil company to Benghazi, a university professor said. Libyan Prime Minister Ali Zidan announced Libya's National Oil Corp. was among...
Gaddafi, Tapie and Bettencourt: Nicholas Sarkozy's scandals are catching up as he talks about return ...
Source: The independent
Tripoli :: Libya | updated 2013-06-05 06:45:47 -0700 | business-news
Suggested Topics Former French President Nicolas Sarkozy's past is catching up with him in the week that he began to talk openly about his hopes for a political future. Fresh allegations have emerged this week about the illicit funding of...
Guards at Libyan oil field protest, force shutdown
Source: Boston.com
Tripoli :: Libya | updated 2013-05-31 14:02:29 -0700 | business-news
Libya (AP) A Libyan gas company official says guards at a southern oil field have shut down the facility in protest over back pay and are demanding better living conditions. The official from the Mellitah Oil and Gas complex said...
IMF warns Libya on interest ban, subsidies, and wages
Posted by: northsunm32
Tripoli :: Libya | updated 2013-05-28 23:18:47 -0700 | business-news
The International Monetary Fund warns Libya of the dangers of a recently-enacted law that would ban interest in financial transactions without having developed a framework for Shari'a compliant institutions. The IMF, headed by Christine Lagarde, notes that this law would...
IMF: Oil, stablity threaten Libyan economy
Source: United Press International
Tripoli :: Libya | updated 2013-05-24 05:40:40 -0700 | business-news
The Libyan economy is vulnerable to fluctuations in oil prices as well as security and political challenges, the International Monetary Fund said. The IMF reports that Libya's economy collapsed during the 2011 war, with gross domestic product falling more than...
Tribes Keep Uneasy Peace in Southern Libya
Source: Inter Press Service
Tripoli :: Libya | updated 2013-05-17 06:55:31 -0700 | business-news
Kaltoum Saleh, 18, is elated to graduate from her overcrowded high school in the remote Saharan town of Ubari, near the Algerian border. Saleh, a member of Ubari's indigenous Tebu tribe, says that for decades under former Libyan dictator Muammar...
Has the developed world gone ex-growth?
Source: Zawya Political
Tripoli :: Libya | updated 2013-05-16 03:38:15 -0700 | business-news
Global Asset Management indicates that post-crisis growth is likely to remain subdued for the next few years as there will be a structural overhang on growth from developed world leverage and population ageing. Compounding the problem, monetary policy has lost...
Interest ban paralyzes Libya bank lending
Source: The Daily Star
Tripoli :: Libya | updated 2013-05-15 16:27:12 -0700 | business-news
Ali Gumma finally saved enough money to buy a plot of land near Tripoli and was planning to build a family home when he hit a brick wall: He couldn't find a Libyan bank willing to lend him the money....
SNC-Lavalin unveils three-pronged strategic plan
Source: The Globe & Mail
Tripoli :: Libya | updated 2013-05-02 06:35:30 -0700 | business-news
EDT Robert Card, CEO of SNC-Lavalin, gestures as he talks on the first day on the job in downtown Montreal, October 1, 2012. (Christinne Muschi For The Globe and Mail) SNC-Lavalin Group Inc. has unveiled a strategic plan focused on...
Libya aims to end fuel subsidies within three years
Source: The Daily Star
Tripoli :: Libya | updated 2013-04-30 16:29:49 -0700 | business-news
Libya's current oil output remains slightly short of prewar levels at around 1.55 million bpd. Libya will join its neighbors in tackling sensitive fuel market reforms and plans to do away with all subsidies within three years, Oil Minister Abdel-Bari...
Libya to help ease Egypt crisis with $1.2 bln oil deal
Source: Yedioth Ahronoth
Tripoli :: Libya | updated 2013-04-28 06:34:16 -0700 | business-news
Breaking News Libya to help ease Egypt crisis with $1.2 bln oil deal Libya will soon start shipping oil to neighbouring Egypt on soft credit terms, two senior Libyan officials said, as Cairo struggles to pay for energy imports and...
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