ENI signs memorandum with Libya's NTC
Italys Eni has signed a deal with Libyas rebel government aimed at quickly restarting its oil and gas operations in the country following concerns it could lose its dominant position to rivals.
Industry
DNO's board approves merger with RAK Petroleum
EU imposes oil embargo on Syria
The European Union (EU) agreed on Friday, 1st September to ban crude oil imports from Syria with the embargo coming into effect on Saturday.
Iraqi cabinet approves draft of oil and gas law
Iraqs cabinet has approved a long-awaited draft oil law and sent it to parliament for final passage, a measure seen as key for foreign investors seeking more solid legal guarantees.
Libya-Italy pipeline to re-open soon
A pipeline pumping Libyan natural gas to Italy should re-open by October 15, the head of Italian energy giant ENI SpA said, adding that he was concerned about supplies for the winter.
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