Arabian Gulf Oil Company

Type: Company
Name: Arabian Gulf Oil Company
First reported Jul 09 2014 - Updated Jul 10 2014 - 1 reports

Must-know: Why the ports are vital for Libyan oil exports

Why resumed oil exports in Libya will benefit crude oil supply (Part 3 of 5)( Continued from Part 2 )Why are the ports vital for Libyan oil exports?During July and August of 2013, major oil loading ports in the eastern half of Libya were crippled by strikes ... [Published Yahoo! Finance - Jul 09 2014]
First reported Jun 29 2014 - Updated Jun 29 2014 - 1 reports

Libya Struggles to Get Back to Business

Libya's parliament approved the overdue 2014 budget worth $47 billion on Sunday, drawing on reserves to offset a dramatic loss of oil revenue after almost a year of protests at major ports.The North African country is in turmoil as the government struggles ... [Published Libya Business Info - Jun 29 2014]
First reported Jun 27 2014 - Updated Jun 27 2014 - 1 reports

Libyan oil port Hariga finishes tanker loading after protest ends -port operator

TRIPOLI (Reuters) - Libya's eastern oil port of Hariga completed the loading of a tanker on Friday after a protest by security guards ended, the port operator said. The tanker, loaded with around 600,000 barrels of oil, would sail for Italy within hours, ... [Published Sharenet - Jun 27 2014]
First reported Jun 24 2014 - Updated Jun 24 2014 - 3 reports

UPDATE 1-Brent drops below $114, Iraq oil data eases supply worries

* Iraq exports 2.53 million bpd from southern terminals, near record* Oil prices to trend lower unless U.S. takes direct action -analyst* U.S. crude stocks seen down last week -Reuters poll(Adds quotes, updates prices)SINGAPORE, June 24 (Reuters) - Brent ... [Published CNBC - Jun 24 2014]
First reported Jun 24 2014 - Updated Jun 24 2014 - 1 reports

Crude exports at Libya's Hariga port blocked by protesting guards

Libya's easternmost Hariga oil port was shut again for crude exports after reopening at the weekend, after oil guards demanding salaries prevented a tanker from loading, a spokesman for operator Arabian Gulf Oil Co (AGOCO) said on Monday.The Petroleum ... [Published Libya Business Info - Jun 24 2014]
First reported Jun 24 2014 - Updated Jun 24 2014 - 1 reports

Brent drops below $114, Iraq oil data eases supply worries

Inspector-general of police (IGP) Khalid Abu Bakar has directed the Perak police to act on the Ipoh High Court order to arrest K Pathmanathan @ Muhd Ridhuan Abdullah, and return six-year-old Prasana Diksa to her mother. According to several Chinese press ... [Published Yahoo! Malaysia - Jun 24 2014]
First reported Jun 24 2014 - Updated Jun 24 2014 - 1 reports

NYMEX-U.S. crude under $106 as data shows near record Iraq exports

SINGAPORE June 24 (Reuters) - U.S. crude futures fell under $106 per barrel in Asian trade on Tuesday as supply concerns eased after data showed near record exports from Iraq's southern regions, but U.S. inventories are projected to fall.FUNDAMENTALS* ... [Published CNBC - Jun 24 2014]
First reported Jun 22 2014 - Updated Jun 23 2014 - 2 reports

UPDATE 3-Libya approves overdue budget as eastern oil port reopens

* Overdue budget totals $47 bln, funding unclear* Hariga port, El Feel field reopen, lifting production* Negotiations with port protesters continue(Recasts with budget approved, background)TRIPOLI, June 22 (Reuters) - Libya's parliament approved the overdue ... [Published CNBC - Jun 22 2014]
First reported Jun 22 2014 - Updated Jun 22 2014 - 1 reports

Libya: Crude oil exports resume at al-Harriga port

Crude oil exports resumed on Saturday evening from the port of al-Harriga in the Libyan eastern city of Tobrouk with a cargo of 750,000 barrels, after more than a break of two months, the Libyan national oil company (NOC) said on Sunday.The oil comes ... [Published African Manager - Jun 22 2014]
First reported Jun 20 2014 - Updated Jun 20 2014 - 1 reports

Libya’s divisive oil politics

Since the 2011 revolution Libya’s enormous oil resources, the largest in Africa, have become a major the source of a major headache for the country.Valerie Stocker, Libya analyst at energy consulting firm Horizon Client Access, writes exclusively for ... [Published Pipeline Magazine - Jun 20 2014]
First reported Jun 04 2014 - Updated Jun 04 2014 - 1 reports

Libya pays salaries at Hariga, port still closed

Libya's government has transferred the salaries of protesting guards at Hariga oil port but the export terminal is still closed, a state oil firm said on Wednesday."The ministry of finance has deposited the delayed salaries for the (Petroleum Facilities ... [Published Trade Arabia - Jun 04 2014]

Quotes

"There is another tanker waiting to load but there are discussions ongoing with the PFG to allow the tanker to start loading because they have not received their May salaries yet" he said
"I think oil prices should go lower unless the U S can be seen as an aggravator" Barratt added
"The ministry of finance has deposited the delayed salaries for the (Petroleum Facilities Guards) PFG's accounts through (National Oil Corp) NOC" said Omar Al-Zwie, spokesman for state-oil firm AGOCO which owns the port

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All (14) | News (14) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Must-know: Why the ports are vital for Libyan o... [Published Yahoo! Finance - Jul 09 2014]
Libya Struggles to Get Back to Business [Published Libya Business Info - Jun 29 2014]
Libyan oil port Hariga finishes tanker loading ... [Published Sharenet - Jun 27 2014]
Crude exports at Libya's Hariga port blocked by... [Published Libya Business Info - Jun 24 2014]
UPDATE 1-Brent drops below $114, Iraq oil data ... [Published CNBC - Jun 24 2014]
Brent drops below $114, Iraq oil data eases sup... [Published Yahoo! Malaysia - Jun 24 2014]
Brent drops below $114, Iraq oil data eases sup... [Published CNBC - Jun 24 2014]
US crude under $106 on near record Iraq exports [Published CNBC - Jun 24 2014]
NYMEX-U.S. crude under $106 as data shows near ... [Published CNBC - Jun 24 2014]
Libya: Crude oil exports resume at al-Harriga port [Published African Manager - Jun 22 2014]
UPDATE 3-Libya approves overdue budget as easte... [Published CNBC - Jun 22 2014]
UPDATE 1-Libya's Hariga oil port reopens, talks... [Published CNBC - Jun 22 2014]
Libya’s divisive oil politics [Published Pipeline Magazine - Jun 20 2014]
Libya pays salaries at Hariga, port still closed [Published Trade Arabia - Jun 04 2014]
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