Rival Libyan Oil Companies Agree to Merge — Energy Journal - News Summed Up

Rival Libyan Oil Companies Agree to Merge — Energy Journal


Send us tips, suggestions and complaints: EnergyJournal@wsj.comSign up for this newsletter: http://on.wsj.com/EnergyJournalSignupLibyan Oil Companies to Combine OperationsRival Libyan oil companies have finalized a deal to merge, Libyan officials said, removing a key obstacle to the unification of the conflict-torn nation under the auspices of a single government, The Wall Street Journal reports. Here’s your morning jolt of news, insight and analysis on the global energy business. As airlines, gas-station chains, refiners and others vie for room on the pipeline, secondary markets have emerged to trade pipeline space. The Shale Boom’s New Winner: PropaneThe U.S. is exporting record volumes of propane, another way in which the shale boom has made the nation a more dominant force in the global energy trade. In a news release on Saturday, National Oil Co. in Tripoli said both sides had agreed to merge their operations.


Source: Wall Street Journal July 04, 2016 10:41 UTC



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