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Libya govt set to reopen oil ports

  Bloomberg Libya’s government of national unity is working to reopen four of the OPEC country’s biggest oil ports after securing a deal to unify the fractured nation’s state energy company. Four ports accounting for about 860,000 barrels a day in crude-exporting capacity have been shut due to political turmoil and fighting. A July 2 deal to unify rival administrations ...

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Kuwait plans to sell stakes in four oil units

  Bloomberg Kuwait is taking steps to sell minority stakes in as many as four units of the state oil producer as the Middle Eastern government plans to tap global capital markets for funds and improve efficiency in its most important industry. The government has a four-year plan to organize and execute sales of shares in the international units and ...

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Saudi Arabia reform drive confronts jobs challenge

  Riyadh / AFP Their heads bowed, young Saudi men concentrate on exam papers in a workshop filled with industrial machines that will help them earn a living. The students at the Higher Institute for Plastics Fabrication (HIPF) learn to manufacture plastic bags, pipes, bottles and other products, skills they immediately put to work in what the government says is a ...

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