Turkey
Turkey GDP growth 2.1% in Q3, lower than forecast
Turkey's economy grew less than expected in the third quarter, expanding at an annual 2.1% rate, official data showed on Friday.
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
Turkey's economy grew less than expected in the third quarter, expanding at an annual 2.1% rate, official data showed on Friday.
S&P Global has released updated projections for Saudi Arabia’s economic growth, forecasting a 0.8% increase in GDP for 2024 and a more robust 4.7% growth in 2025. These revisions reflect recalibrated assumptions for oil production and highlight the resilience of the Kingdom’s non-oil sectors.
The OPEC+ oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two OPEC+ sources confirmed on Thursday.
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