Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya's national oil corporation (NOC) said on Saturday.
The drilling had been halted due to the civil war © Mena Today
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya's national oil corporation (NOC) said on Saturday.
NOC also said in a statement that Eni had started drilling in an area of Ghadames basin on Saturday.
Reporting by Enas Alashray, Hatem Maher and Ahmed Elumami
Two Israeli banks will halt working with their Palestinian counterparts in the coming months citing risks of associating with possible terrorism financing and money laundering, Israeli officials said, fuelling concerns of a Palestinian economic crisis.
Civil society groups have called on Malaysian billionaire tycoon Syed Mokhtar Al-Bukhary to revoke the appointment of Sultan Ahmed Bin Sulayem as executive chairman of logistics giant MMC Port Holdings due to his alleged ties to the late Jeffrey Epstein.
Sharjah Islamic Bank (SIB) posted a net profit after tax of $218.9 million (AED803.9 million) for the first half of 2026, up 15.3 percent from $189.9 million (AED697.2 million) a year earlier.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.