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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
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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