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Business Libya

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  • CAIRO, Sept 2- Libya's official government is struggling to woo oil majors in a bid to control oil revenue and force a rival Tripoli government into a U.N. peace deal because foreign clients are wary of breaking with the established state energy firm in the capital. By appointing its own NOC management and inviting firms to a conference in Dubai, the east has...

  • LONDON, Aug 30- Libya's National Oil Company and Central Bank chairmen engaged in another round of blitz meetings with oil majors in London in a renewed effort to stop its rival wooing its clients. The head of the Tripoli- based NOC, Mustafa Sanallah, said he and Tripoli- based Central Bank Chairman Saddek El-Kaber held meetings with 26 oil firms over the course of...

  • Commodities tomorrow: Traders sell gas futures Tuesday, 25 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Traders sell gas futures

    CNBC's Bertha Coombs discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Crude's wild ride Monday, 24 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Crude's wild ride

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • A delegation from Tripoli just visited Turkey for talks with Turkish companies to discuss security measures so they can return to Libya, Ayad Suleiman al-Ghnaidi, acting executive manager at state power firm GECOL, told Reuters in Tripoli. Tripoli is held by a faction that expelled the country's official premier to eastern Libya a year ago and which is not...

  • CAIRO, Aug 23- A state oil firm loyal to Libya's official government based in the east of the country has invited foreign oil firms to discuss existing oil purchase contracts at a conference in Dubai next month, it said in a statement. The move is a fresh attempt by Libya's internationally recognised government to control state oil firm NOC, which is at the centre of...

  • Commodities tomorrow: Supply glut continues Thursday, 20 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Supply glut continues

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Oil slide continues Wednesday, 19 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Oil slide continues

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Oil up, China still a concern Tuesday, 18 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Oil up, China still a concern

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Oil under $42, key level Monday, 17 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Oil under $42, key level

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • BENGHAZI, Libya/ CAIRO, Aug 15- Libya's oil production is between 350,000 and 380,000 barrels a day, the new chairman of a state oil firm based in eastern Libya said on Saturday. Production is less than a quarter of what the OPEC producer used to pump before an uprising toppled Muammar Gaddafi in 2011.. The move is largely symbolic as oil production and the marketing...

  • BENGHAZI, Libya, Aug 15- Libya's internationally recognized government has appointed Naji al-Maghrabi as chairman of its state oil firm NOC based in the east of the country, an oil official said on Saturday. The move is largely symbolic as oil production and the marketing of exports are controlled by the established state oil firm, also known as NOC, in Tripoli...

  • Commodities tomorrow: Crude hits 6.5-year low Thursday, 13 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Crude hits 6.5-year low

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Crude up 21 cents Wednesday, 12 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Crude up 21 cents

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • TRIPOLI/ BENGHAZI, Libya, Aug 12- Libya's internationally recognised Prime Minister Abdullah al-Thinni said in a television interview that he would resign, after the station's host confronted him with questions from angry citizens who criticized his cabinet as ineffective. "I officially resign and I will submit my resignation to the House of...

  • TRIPOLI, Aug 12- Libya's internationally recognized Prime Minister Abdullah al-Thinni said in a television interview that he would resign, after the station confronted him with questions from angry citizens criticizing his cabinet as ineffective. "I officially resign and I will submit my resignation to the House of Representatives on Sunday," he told " Libya...

  • Commodities tomorrow: Traders buy dip Monday, 10 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Traders buy dip

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Next stop, $43? Thursday, 6 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Next stop, $43?

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Traders look to $42 Wednesday, 5 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Traders look to $42

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow: Crude pops Tuesday, 4 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Crude pops

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.