Libyan oil workers get 67% increase in salaries

posted in: Africa

Photo: Ahmed Elumami, Libya Herald PANA Tripoli, Libya – Bowing to pressure from its oil workers, the Libyan government Friday announced an increase of 67% on salaries of the workers. The Libyan National Oil Company announced on its official website … Read More

Can Africa dodge ‘curse’ of new oil wealth?

posted in: Africa

Photo: energydz The Christian Science Monitor’s David J. Unger Is oil a blessing or a curse? That question will ripple across many African nations in the coming decade as technology and geology converge to unlock billions of barrels of oil … Read More

Disruption in Libya’s oil production worries West

posted in: Africa

PANA Tripoli, Libya – The US, UK, France and Italy have expressed concern over the disruption in oil production in Libya by protesters in the last couple of months, a development that has significantly reduced the country’s oil exports. The … Read More