Libya's National Oil Corporation (NOC) said Wednesday it had signed a deal with French building and engineering group Artelia to manage the development of its offices in the eastern city of Benghazi. There have been plans for years to move the state oil firm's headquarters from the...
Bahrain on Wednesday announced its newly discovered shale oil reserve was estimated at more than 80 billion barrels, making the once-marginal oil producer potentially a major player in the market. The size of recoverable oil -- or oil that can be extracted -- is still under study, Oil...
The Cyprus government deposited Tuesday 2.5 billion euros ($3.1 billion) into the island-nation's troubled Cooperative Bank in an attempt to dispel any uncertainty over its future. Government Spokesman Prodromos Prodromou said he hoped the deposit, mainly in the form of a bond issue,...
Turkey's exports in March totaled $15.5 billion, an 8.01 percent rise compared with the same month in 2017, according to provisional data of the Ministry of Customs and Trade on Monday. The imports climbed 12.77 percent to over $21.4 billion, amounting to a foreign trade deficit of...
