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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
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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