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Muammar Gaddafi

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  • Chaotic Libya struggles to maintain oil output Wednesday, 12 Jun 2013 | 10:59 AM ET

    TRIPOLI, June 12- Libya is struggling to keep its oil output stable- let alone increase it- as protests cut crude exports in the sector that supplies 95 percent of state revenue.

  • Qatari leaders expected to step down-sources Monday, 10 Jun 2013 | 9:03 AM ET

    DOHA, June 10- Qatar's powerful prime minister is preparing to step down as part of a wider power transition that may also see the country's ruler ceding power to his son, Crown Prince Sheikh Tamim, Arab and Western diplomats said on Monday.

  • MOSCOW, June 6- Sitting at a long table in Russia's Foreign Ministry, Syrian opposition leaders outlined a plan to protect Moscow's interests if the Kremlin agreed to the removal of its longstanding ally, President Bashar al-Assad.

  • Reuters World News Highlights at 2230 GMT, May 28 Tuesday, 28 May 2013 | 5:54 PM ET

    MOSCOW- Disputes between Russia and the West over arming warring sides in Syria on Tuesday dimmed prospects for peace talks that were also clouded by disarray among President Bashar al-Assad's political foes.

  • African OPEC oil setbacks help prop up prices Tuesday, 28 May 2013 | 9:48 AM ET

    LONDON, May 28- Violence, unrest and investment hurdles are making African producers in OPEC its weakest supply link, helping prop up oil prices to the benefit of the group's strongmen led by Saudi Arabia.

  • *Benghazi wants more control as most of Libya's oil in east. BENGHAZI, Libya, May 28- Libya plans to move the headquarters of its state oil firm to Benghazi, the city that started the uprising against Muammar Gaddafi and now wants greater influence, if a plan to restructure the corporation is approved by the national assembly.

  • TUNIS, May 23- For the first time since the Arab Spring uprisings of 2011, relations between mainstream Islamists in government and radical Salafist Muslim activists have reached breaking point, sparking deadly clashes in two Tunisian cities.

  • "I've had enough of Sudan and will go to Saudi Arabia," said Taha. " Taha, who has been working in an office accounts department for two years because he could not find a professional post, has just been hired as an engineer by a construction firm in Saudi Arabia- a move that will increase his salary sevenfold to 2,500 Saudi riyals a month.

  • TRIPOLI, May 12- British oil company BP said it is withdrawing some non-essential staff from Libya after Britain's government warned about deteriorating security in the capital Tripoli. Despite concerns raised by international oil firms operating in the OPEC producer, Libya has said foreign security will not be allowed at its oil fields.

  • ISTANBUL, May 11- The European Bank for Reconstruction and Development is considering ways to help small businesses in emerging Europe, including through direct lending, as the region suffers lacklustre growth, its president said on Saturday.

  • TRIPOLI, May 9- Libya's central bank governor said on Thursday he expects the economy to grow 18 percent this year despite a deepening crisis threatening the government's ability to press ahead with its agenda.

  • INTERVIEW-Libya aims to end fuel subsidies in 3 years Tuesday, 30 Apr 2013 | 9:14 AM ET

    *Libya's fuel subsidies among most generous in world. The International Monetary Fund estimates over 14 percent of Libya's budget or about $7 billion will be swallowed up by subsidies for food and fuel, which the government says are ineffective because they encourage smuggling and fail to target those most in need of state help.

  • *Aid will help Egypt avoid further shortages and unrest. TRIPOLI, April 28- Libya will soon start shipping oil to neighbouring Egypt on soft credit terms, two senior Libyan officials said, as Cairo struggles to pay for energy imports and avoid fuel shortages.

  • TRIPOLI, April 23- France's embassy in Libya was hit by an apparent car bomb on Tuesday, injuring two French guards and bringing violence to the capital after attacks on foreign missions in the east.

  • LONDON, April 23- Brent crude oil fell towards $99 a barrel on Tuesday after weaker-than-expected manufacturing data from China and Germany darkened the outlook for fuel demand. June Brent crude was down $1.00 to $99.39 a barrel by 1008 GMT, while U.S. crude for June delivery was down 86 cents at $88.33.

  • LONDON, April 23- Brent crude oil fell below $99 a barrel on Tuesday after weaker-than-expected manufacturing data from China and Germany darkened the outlook for fuel demand. June Brent crude was down $1.51 to $98.88 a barrel by 0829 GMT, while U.S. crude for June delivery was down $1.27 at $87.92.

  • UPDATE 3-French embassy in Tripoli hit by car bomb Tuesday, 23 Apr 2013 | 5:00 AM ET

    TRIPOLI, April 23- France's embassy in Libya was hit by an apparent car bomb on Tuesday, injuring two French guards and bringing violence to the capital after attacks on foreign missions in the east.

  • *Libya wants to diversify oil-dominant economy. TRIPOLI, April 16- Libya's economy minister expects growth of 3 percent this year, driven by a resurgence in oil production achieved despite security so precarious that government departments like his must be protected by pickup trucks bristling with weapons.

  • TRIPOLI, April 10- Handing out plastic tea spoons of golden honey, Milad Ahmed Ajaj hopes his local produce will win over curious onlookers hovering around his stand at a commercial fair in Tripoli. We want to export our goods but Libya still has problems.

  • LONDON, March 25- Rising Islamist violence is forcing international oil firms to look hard at exposure across swathes of Africa and weigh whether to operate remotely for fear expatriate staff may be targeted.

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