Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
Libyan operations give production boost to OMV
by Daniel J. Graeber
Vienna (UPI) Oct 20, 2014


disclaimer: image is for illustration purposes only

Austrian energy company OMV said Monday its quarterly production was boosted by the resumption of operations in war-torn Libya.

"Production levels in the third quarter of 2014 increased by 5 percent versus the second quarter as production in Libya partially resumed," the company said in its report.

In its report for the second quarter, OMV said much of its Libyan assets were shut in by violence and the security situation there remained difficult.

OMV's statement follows a condemnation of the latest violence from the governments of France, Italy, Germany, the United Kingdom and the United States.

"Libya's hard fought freedom is at risk if Libyan and international terrorist groups are allowed to use Libya as a safe haven," their Saturday statement read.

Forces loyal to former Gen. Khalifa Haftar last week tried to reclaim the restive city of Benghazi from Islamist militias. At least 12 people died as a result of the violence.

In its latest monthly market report, the Organization of Petroleum Exporting Countries said production from member state Libya in September was around 800,000 barrels per day, about two-thirds its normal production levels.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
A global natural gas boom alone won't slow climate change
College Park MD (SPX) Oct 20, 2014
A new analysis of global energy use, economics and the climate shows that without new climate policies, expanding the current bounty of inexpensive natural gas alone would not slow the growth of global greenhouse gas emissions worldwide over the long term, according to a study appearing in Nature. Because natural gas emits half the carbon dioxide of coal, many people hoped the recent natur ... read more


OIL AND GAS
Engineers find a way to win in laser performance by losing

Unstoppable magnetoresistance

Sticky business: bonding ultrastable space missions

Tailored flexible illusion coatings hide objects from detection

OIL AND GAS
Development of software for electronic warfare resumes

GD's MUOS-Manpack PRC-155 Radio Connects USAF Aircraft to Ops Center

Northrop Grumman Debuts Low-Cost Terminals To Protect US Warfighters

'Space bubbles' may have aided enemy in fatal Afghan battle

OIL AND GAS
Argentina launches geostationary satellite

Arianespace's December mission for DIRECTV-14 and GSAT-16 satellites in process

Inquiry reveals design stage shortcoming in Galileo navigation system

Soyuz Flight VS09 Report

OIL AND GAS
Galileo duo handed over in excellent shape

With IRNSS-1C, India a Step Closer to Own Navigation Satellite System

ISRO to Launch India's Third Navigation Satellite on October 16

Russian Phone Operators Could Become GLONASS Shareholders

OIL AND GAS
Maintenance, upgrade work on Italian aircraft carrier ahead of schedule

Jordanian Air Force helicopter pilots to train on Robinson aircraft

C-17 false claims allegations settled by Boeing for $23 million

Bell Helicopter chooses GE Aviation for its V-80 Valor program

OIL AND GAS
Researchers develop world's thinnest electric generator

Australian teams set new records for silicon quantum computing

A novel platform for future spintronic technologies

Future computers could be built from magnetic 'tornadoes'

OIL AND GAS
NASA Tool Helps Airliners Minimize Weather Delays

Sophisticated Sensor Will Give NOAA Earlier Warnings of Severe Storms

Chinese scientist proposes new scientific satellites

NASA Begins Sixth Year of Airborne Antarctic Ice Change Study

OIL AND GAS
US hid troop exposure to chemical agents in Iraq: report

Days of heavy air pollution blight northern China

Nanoparticles Accumulate Quickly in Wetland Sediment

New study explains wintertime ozone pollution in Utah oil and gas fields




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.