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FINANCIAL NEWS
Oil production in Libya’s El Sharara field resumes
06 Jan 2014
(MENAFN) Oil production at the southern El Sharara field in Libya restarted with an output of 60,000 barrels per day (bpd) after a blockade ended, Arab News reported.
Protesters have been casuing disruptions to production that have brought down the country’s output to around 250,000 bpd from 1.4 million bpd.
Libya remains in turmoil as the government struggles to rein in dozens of militias that helped topple leader Muammar Gaddafi in 2011 but kept their guns and continue to make political and financial demands.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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