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Business Libya

  • *Oil India to get 20 pct, Indian Oil Corp 10 pct in Niobrara shale acreage. and Indian Oil Corp have jointly bought a 30 percent stake in Houston- based Carrizo Oil& Gas's Niobrara shale asset in Colorado for $82.5 million, the companies said in a statement.

  • By Ali Shuaib and Marie-Louise Gumuchian. TRIPOLI, Oct 3- Libyan Prime Minister-elect Mustafa Abushagur nominated his cabinet on Wednesday for approval by the national congress, presenting a line-up that excluded the North African country's leading liberal coalition.

  • Commodities Tomorrow: Crude Selloff

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.

  • LONDON/ MILAN, Oct 3- Offshore natural gas could dramatically change Greece's fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters.

  • Harroura is said to have previously worked for Libya's Zueitina Oil Company. Abushagur nominated Omar al-Aswad as interior minister while Abdelsalam Jadallah al-Obeidi was named as defence minister.

  • TRIPOLI, Oct 3- Libyan Prime Minister-elect Mustafa Abushagur presented his cabinet line-up on Wednesday to the ruling national congress for its approval. Abushagur, in a televised session, nominated Mabrouk Issa Abu Harroura as the North African country's new oil minister. He said the post of foreign minister had yet to be filled.

  • Commodities Tomorrow: Good News on Gas

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets. The better news is that gasoline futures were down on the day, which means prices should come down soon.

  • NIAMEY, Oct 2- Niger will spend nearly $2.5 billion to develop and secure its vast northern desert zones over the next five years, according to a new plan aimed at preventing the spillover of a conflict that has split neighbouring Mali in two.

  • Separately, Canadian automotive group Magna International Inc may lose the contract with BMW to build the next generation of Mini cars at its Austrian plant as BMW looks to concentrate Mini production in Britain and the Netherlands. Related news BASF Indicated 0.6 percent lower.

  • FRANKFURT, Oct 2- Wintershall, the second-largest foreign oil firm operating in Libya before the civil war, said it would team up with the country's National Oil Co. to build a pipeline to relieve an exports bottleneck.

  • WASHINGTON, Oct 2- Last year's sale from U.S. emergency crude oil reserves has helped battle shrinking capacity or "creep" at the 62 salt caverns in Texas and Louisiana that form the Strategic Petroleum Reserve, the Energy Department's inspector general said on Tuesday.

  • Commodities Tomorrow: Heavy Volume in Gold & Silver

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.

  • *He mentions Qatar, Saudi Arabia, Turkey, US, France, Libya.

  • *He mentions Qatar, Saudi Arabia, Turkey, US, France, Libya.

  • *New CEO, Robert Card, sees "a lot of potential growth areas". *La Presse reports SNC made "dubious payments" to win Montreal contract.

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    Here’s a cheat sheet of which names are mentioned most often for getting three of the most important jobs that will also be up for grabs on Nov. 6.

  • *La Presse reports SNC made "dubious payments" to win Montreal contract.

  • Under legislation that goes into effect on Nov. 1, Internet sites carrying content banned in Russia will be placed on a register, after which Internet providers will have one day to block access. Google Inc, the owner of YouTube, said it was ready to block access of the film to users in Russia once it received the court's decision, the RIA agency reported.

  • MILAN, Oct 1- Italian energy group Edison said on Monday it had won a dispute with Eni to review the price of its long-term gas contract from Libya, its second gas arbitration victory in less than a month. In September Edison, which is owned by France's EDF, won in arbitration a 450 million euro discount on its liquefied natural gas supplies from Qatar's Rasgas.

  • UNITED NATIONS, Oct 1- Syria accused the United States, France, Qatar, Saudi Arabia and Turkey on Monday of hijacking the country's 18- month conflict between government forces and pro-democracy rebel groups by supporting "terrorism" with arms, money and foreign fighters.