by Sabri Najeh | Jul 31, 2016 | Business
Cairo- U.S. data played a crucial role in determining oil prices during last week’s sessions and is expected to play a similar role next week. This week, the U.S. drillers added three new oil rigs for a fifth consecutive week, bringing the total rig count up to 374...
by Asharq Al-Awsat English | May 31, 2016 | Business
French company Technip has signed a preliminary $500 million deal to upgrade a key Libyan oil facility, along with Italy’s Eni and Libya’s state oil company. Foreign Minister Jean-Marc Ayrault said the signing was crucial to show that foreign firms were...
by Asharq Al-Awsat | Nov 13, 2013 | Middle East
Tripoli, Libya, AP—Scores of Libyan protesters on Wednesday shut down an oil refinery in the country’s east to demand jobs they claim were promised for 1,000 people, a state-owned oil company official said. The closure is the latest disruption to hit the...
