OIL AND GAS

July 20, 2017

Libya aiming for oil output of 1.25 mln bpd this year -NOC

Libya is aiming to produce 1.25 million barrels per day (bpd) by the end of the year and 1.5 million bpd by the end of 2018, the head of the National Oil Corporation (NOC) said on Wednesday. Libya hopes to reach output of 2.1 million bpd in four or five years, NOC chief Mustafa Sanalla"...

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July 20, 2017

Russia welcomes OPEC leader Saudi’s approach on Nigeria, Libya production

Russia is ready to continue working with OPEC to help rebalance oil markets, a Russian energy source said on Wednesday, adding that Moscow welcomed a flexible approach by OPEC’s leader Saudi Arabia to accommodate rising output from Nigeria and Libya, Reuters"...

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July 20, 2017

Libya's NOC sees 1.25 mln bpd oil output by year-end

The head of Libya's National Oil Company announced on Wednesday that oil production is expected to reach 1.25 million barrels per day by the end of 21017.

NOC president Mustafa Sanalla said, however, that"...

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July 20, 2017

ABB: Building Growth Momentum 

(ME NewsWire)-- SECOND QUARTER HIGHLIGHTS

  • Total and base orders grew 3%1; higher orders in all regions
  • Revenues up 1%
  • Operational EBITA margin2 12.4%, dampened this quarter by commodity prices and some overcapacity
  • "...

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July 20, 2017

The World Games 2017 Delivered across Europe with SES Video

(ME NewsWire)-- The 10th edition of the World Games 2017 will be distributed in Europe jointly by SES and ATM System, the official host broadcaster for the multi-sport event. The international event, taking place in Wroclaw, Poland, from 20 to"...

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July 20, 2017

Mercer Sets Forth Bold New Ideas to Address the Sustainability of Global Retirement Systems

(ME NewsWire)-- Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly-owned subsidiary of Marsh & McLennan Companies (NYSE:MMC), today announced the launch of “Bold Ideas for Mending the Long Term Savings"...

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July 19, 2017

Libya's Ascendant Oil Boss Poses Challenge for OPEC, Russia

Libya’s rebounding oil output is undermining the supply curbs masterminded by Saudi Arabia and Russia. But any pleas for the OPEC member to exercise restraint will probably be resisted by the technocrat overseeing the North African nation’s turnaround.

Production"...

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July 19, 2017

Oil prices up a little as Libya output keeps rising

Oil traded near $46 a barrel after snapping a five-day gain on concern output in the U.S. and OPEC member Libya is growing just as demand shows signs of improvement.

Futures were little changed in New York after"...

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July 19, 2017

Panasonic Successfully Completes the Acquisition and De-listing of Zetes Industries SA

(ME NewsWire)-- Panasonic Corporation announced today that it has completed the acquisition of 100% of outstanding shares of Zetes Industries SA and the de-listing of Zetes shares from Euronext Brussels. Zetes is headquartered in Brussels, Belgium"...

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July 19, 2017

Nuvias Named Oracle PartnerNetwork Platinum Level Partner 

(ME NewsWire)-- Nuvias, a rapidly growing, pan-EMEA, high value distribution business, today announced that it has achieved Platinum partner status in Oracle PartnerNetwork (OPN). By attaining Platinum level membership, Oracle has recognized Nuvias for its in-depth expertise and excellence in Oracle Communications Session Border Controller (SBC) and Operations Monitoring solutions. This achievement further strengthens the EMEA product portfolio for the recently launched Nuvias Unified Communications (UC) Practice, which resulted from the acquisition of leading UC specialist SIPHON Networks at the end of 2016. Oracle Communications’ SBC......

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