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Libya not to take part in OPEC cuts for ‘foreseeable future’

  TRIPOLI / AFP Libya’s National Oil Corporation (NOC) said on Sunday it would not take part in any OPEC production cuts for the “foreseeable future” as the North African country tries to bring crude output back towards pre-conflict levels. “Libya is in such a dangerous economic situation, there is no way it can participate in OPEC production cuts for ...

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Algerian, Venezuelan oil ministers to meet in Algiers

  Bloomberg OPEC is embarking on a last-ditch diplomatic push to reach an agreement for an oil production cut, with the oil ministers of Algeria and Venezuela heading to Russia to get the group’s biggest rival on board. The Organization of Petroleum Exporting Countries will meet on Nov. 30 in Vienna to finalize the terms of its first production cut ...

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Solar-panel roads in four continents next year

  Bloomberg Electric avenues that can transmit the sun’s energy onto power grids may be coming to a city near you. A subsidiary of Bouygues SA has designed rugged solar panels, capable of withstand the weight of an 18-wheeler truck, that they’re now building into road surfaces. After nearly five years of research and laboratory tests, they’re constructing 100 outdoor ...

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