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Libyan oil output recovers to 567,000 bpd after outage fixed

  LONDON / Reuters Libya’s oil production has risen by more than 40,000 barrels per day (bpd) to 567,000 bpd after repairs to power supplies to two oilfields, a senior Libyan oil source said on Thursday. Production on Wednesday was 60,000 bpd lower at 523,000 bpd because of power faults, now resolved, in the Waha and Dafa fields, NOC said. ...

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Iraqi oil minister rejigs senior officials

  BAGHDAD / Reuters Iraq’s Oil Minister Jabar Ali Al Luaibi is reshuffling senior officials in a bid to revitalise a ministry that wants to improve the OPEC nation’s ability to boost oil production, an Iraqi oil official said. Deputy minister of upstream operations, Fayadh Al Nema, will become deputy minister for refining operations, replacing Dhiaa Al Mousawi who is ...

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Egypt eyes $6bn from Eurobond sales

  Bloomberg Egypt may seek to raise as much as $6 billion from international bond sales through 2017, though the first issuance may be delayed due to market “volatility” after the election of Donald Trump, Finance Minister Amr El-Garhy said. The government is still weighing whether to tap markets next week, El-Garhy said in an interview with Bloomberg Television in ...

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