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Oil Updates — Crude drops; Qatar Airways pushes oil firms to produce low-cost sustainable fuel

RIYADH: Oil fell on Monday as concerns over the economic impact of the US Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data outweighed support from new supply cuts taking effect this month by the Organization of Petroleum Exporting Countries and its allies, known as OPEC+. The Fed, which meets from May 2 to 3, is expected to increase

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Italy's Eni signs US$8bil Libya gas deal

Italian energy company Eni and Libya’s National Oil Corp (NOC) have signed an US$8bil (RM33.9bil) gas production deal aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country.

Libya , Italy , Tripoli , Tarabulus , Rome , Lazio , Russia , Algeria , Ukraine , Italian , Russian , Libyan

Italy's Meloni expected to sign major gas deal as she starts Libya visit

According to public statements made this week by Libya's National Oil Corp (NOC) chief Farhat Bengdara, the deal will involve $8 billion to produce up to 850 million cubic feet a day of offshore gas from the Mediterranean. However, Libya's parliament and major armed factions reject the legitimacy of Dbeibah's government, raising fears of a new bout of conflict after more than two years of comparative peace.

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Libya Sees More Deals After Eni's $8B Gas Investment

Libya's state energy firm said it expects to sign more deals with foreign companies.

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Italy's PM Meloni holds talks in Libya as Eni signs $8 bln energy deal

Prime Minister Giorgia Meloni visited Libyan capital Tripoli on the occasion of the signing of an $8-billion energy deal for Italian oil giant Eni SpA, and

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Italy's Meloni expected to sign major gas deal as she starts Libya visit

Italian Prime Minister Georgia Meloni flew to Tripoli on Saturday where she is expected to agree a major gas deal aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country.

Italy , Rome , Lazio , Egypt , Algeria , Lampedusa , Italy-general- , Libya , Tripoli , Tarabulus , Russia , Ukraine

Italy's Meloni expected to sign major gas deal during Libya visit

Tripoli: Italian Prime Minister Giorgia Meloni flew to Tripoli on Saturday where she is expected to agree a major gas deal aimed at boosting energy su...

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Italy's Meloni in Libya to conclude $8bn gas deal

Tripoli: Italian Prime Minister Giorgia Meloni visited Tripoli on Saturday to conclude an $8bn gas deal aimed at boosting energy supplies to Europe de...

Italy , Rome , Lazio , Egypt , Algeria , Lampedusa , Italy-general- , Libya , Tripoli , Tarabulus , Russia , Ukraine

Italy signs $8B gas deal with Libya

European countries have sought to replace Russian gas with energy supplies from North Africa and other sources.

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Italy's Meloni in Libya to conclude $8 billion gas deal

Italian Prime Minister Giorgia Meloni visited Tripoli on Saturday to conclude an $8 billion gas deal aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country. Meloni met Libya's Prime Minister Abdulhamid al-Dbeibah, head of the internationally recognised Government of National Unity (GNU) in Tripoli, before the energy

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