Hints and tips:
...Bengdara said his aim was to lift production to 2mn b/d over three to five years, as he pledged to review Libya’s fiscal regime to attract more foreign investment....
...100,000 b/d or less than 10 per cent of capacity....
...One we missed: The Coming Wave: AI, Power and the 21st Century’s Greatest Dilemma, by Mustafa Suleyman with Michael Bhaskar....
...These histories have been meticulously reconstructed by cooks like Edna Lewis in the 1970s and scholars like Dr Jessica B Harris today. But there’s a lot we’ll never know....
...The nutrients, too: vitamins A, B and C, as well as iron and potassium....
...Power Points The world’s top commodity traders have forecast a return to $100-a-barrel oil amid slowing investment in new supply....
...The embargo caused Libya’s oil production to collapse from about 1.2m barrels a day to less than 100,000 b/d at a time when Opec members, led by Saudi Arabia, and Russia — a backer of Gen Haftar — have slashed...
...It is still unclear how quickly Libya could reach its pre-blockade production level of 1.2m barrels a day, up from about 106,000 b/d in August, according to third-party data from analysts and consultants...
...“Covid has created a Scottish-centric reality, a Scottish framing of the way in which you look at the world,” says Stephen Reicher....
...Mustafa Sanalla, chairman of the National Oil Corporation, said the country’s output had already plummeted from 1.3m barrels a day to just 400,000 b/d since the Libyan strongman trying to seize political...
...When DIY retailer B&Q reopened this week, some stores had queues half a mile long outside....
...Capacity already exceeded demand in 2019, and another 1.7m b/d, from Nigeria to Kuwait, is due on line this year. Demand, though, is down by 9m b/d....
...The country was pumping around 1.3m b/d previously....
...Where we do see a possible headwind is downtrading and illicit picking up as smokers seek out cheaper alternatives....
...Emboldened by his success in ramping up crude production from about 200,000 barrels a day to just over 1m b/d, his target is to increase output to 2m b/d with a $60bn five-year investment plan....
...Both Sudan and South Sudan are members of the Opec+ group, and under its limits for the first half of this year, Sudan can produce 72,000 b/d of crude, compared to South Sudan’s 129,000 b/d....
...This spurred US president Donald Trump to call on Saudi Arabia to release 2m b/d of extra oil on to the market to offset a drop in Venezuela’s output and an expected fall in Iranian barrels....
...Recently protesters demanded a shutdown in fields operated by Germany’s Wintershall due to a contract dispute, cutting output by 40,000 b/d....
...Discussions reached a stalemate in recent months and Wintershall, a unit of German chemical giant BASF, has shut in more than 160,000 b/d....
...Chief among these is the rapid resurgence of the US shale industry, which is now forecast to raise production by 700,000 b/d next year to 10m b/d, with drillers roaring back when prices hovered above $50...
...Mr Sanalla is targeting expansion of Libya’s oil production to 2.1m b/d by 2022. Libya NOC and Rosneft also signed a crude oil offtake agreement....
...Before the 2011 revolution Libya’s output was above 1.6m b/d and has already more than doubled to about 700,000 b/d since September after the reopening of three major ports and a pipeline....
...Libya’s production is still well below the 1.6m b/d it used to produce before the 2011 uprising, which overthrew Muammer Gaddafi, the former dictator, and left the country fragmented and under the control...
...Libya’s oil exports have fallen from a pre-war level of around 1.6m barrel per day to less than 300,000 b/d in recent months....
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