Special to WorldTribune.com LONDON — A Western energy major has been increasing Libya’s crude oil production. Italy’s Eni reported that it was progressing toward reaching crude oil and natural gas output levels of those before the revolt against Libyan Col. Moammar Gadhafi in early 2011. Eni said its production in Libya has reached 240,000 barrels […]
Special to WorldTribune.com LONDON — A Western major plans to invest in Libya’s damaged energy sector. Italy’s Eni plans to invest up to $35 billion to expand its presence in Libya. Executives said the company, which has been increasing its crude oil production, would allocate the investment over the next 20 years. “We have resumed […]
Special to WorldTribune.com CAIRO — Western security firms have arrived to establish a presence in Libya. Industry sources said a range of Western security companies have sought to open offices in several Libyan cities. They said the companies were focusing on Benghazi, the headquarters of the rebel movement. “Benghazi is considered the safest city in […]