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Libya continues to boost oil production

  BENGHAZI / Reuters Libya’s Waha Oil Co says its production has reached more than 75,000 barrels per day (bpd) through the Waha and Samah fields and it expects that to increase when crude from the Jalu field comes online. Production at the Waha field, one of the main contributors to Libya’s Es Sider export grade, resumed last month after ...

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French dairy exports top $400mn in Mideast

  Riyadh / Emirates Business The Middle East is one of the largest importers of French dairy products according to the latest research from the country’s official cheese board, the Centre National Interprofessionnel de l’Economie Laitière (CNIEL). The research puts the Middle East ahead of China (US$354m), North America (US$270m), Switzerland (US$137m) and Australia (US$30m). Edwina Salvatori, Account Director, SOPEXA ...

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Putin’s meet with oil firms postponed

  MOSCOW / Reuters A planned gathering of Russian oil firms and President Vladimir Putin which was expected to discuss possible output curbs has been delayed until after OPEC holds its Vienna meeting on Nov. 30, two energy industry sources said. The meeting of Russia’s energy industry commission, which had been scheduled for Nov. 23, has been put back to ...

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