Monday, October 22, 2018
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Archive for August 19th, 2014

Posted by On Aug - 19 - 2014 0 Comment

TRIPOLI Mon Aug 18, 2014 The Libyan government does not yet know which group carried out the aerial bombing of militia positions in Tripoli, it said on Monday in its first reaction after residents reported jets flying over the capital to the sounds of explosions. “The government does currently not have any convincing indications to establish which side was behind  [ Read More ]

Posted by On Aug - 19 - 2014 0 Comment

By BENOÎT FAUCON Aug. 18, 2014 Libya’s production has jumped to 550,000 barrels a day, state-owned National Oil Co. said Monday, as production ramps up at fields across the country. The recovery of Libya’s oil sector is in contrast with continuous fighting between militias in the capital of Tripoli—which is far from Libyan oil fields. NOC spokesman Mohamed el-Harari said  [ Read More ]

Posted by On Aug - 19 - 2014 0 Comment

By James Titcomb 19 Aug 2014 Goldman Sachs, the Wall Street banking giant, has dropped an attempt to throw out a London court case from Libya’s sovereign wealth fund that accuses the bank of losing more than $1bn (£600m) of funds during the final years of Muammar Gaddafi’s dictatorship. The Libyan Investment Authority (LIA) is suing Goldman and the French  [ Read More ]