Angola retrieves $5 billion in stolen assets

Angola’s Justice Minister Francisco Queiroz has said the country has so far this year recovered more than five billion dollars stolen from state coffers, both at home and abroad. The money, including three billion dollars stolen from the…

Libya: AGOCO increases Nafoura oilfield production capacity

Within the framework of the National Oil Corporation (NOC)'s plan to increase production rates and to implement the targeted programme of work within the framework of the approved extraordinary budget, Arabian Gulf Oil Company (AGOCO) has…

Libya’s GNA purchases 1 million tonnes of Russian wheat

Libya is mulling signing an agreement of intent with Russia "for 1 million tonnes of wheat supplies a year," RIA news agency reported on Wednesday, citing a Russian negotiator. The agreement is expected to be signed at a Russia-Africa…

Libya’s NOC: Oil revenue in August drops by 5%

Libya’s National Oil Corporation (NOC) said on Wednesday that August revenues dropped to around $2 billion, a 5% decline from July. The company attributed the drop to the sabotage of the main pipeline of the El Sharara oil field and…

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