Space Travel News  
OIL AND GAS
British foreign minister visits oil-rich Libya
by Daniel J. Graeber
Washington (UPI) Aug 25, 2017


A NATO member with a legacy of energy-related interests, the British government said it was working to ensure Libya evolves as a safe and stable partner.

British Foreign Minister Boris Johnson met with Libyan military officials in Benghazi, marking the first time for such a visit since 2011. The British government said the visit was an indication of its interest in working to bring peace and stability to Libya.

"A secure and stable Libya, better able to deal with the threat from terrorism and the challenge of migration, is firmly in the United Kingdom's interests," the minister said in a statement.

At the time of the last visit by a British minister to Benghazi, the government was defending its position to wade into Libya's civil war against allegations of exploiting the conflict for oil. British energy giant BP estimated in 2008 that the North African state has proven reserves of around 41.5 billion barrels and 1.49 trillion cubic meters of gas, which constitute the 10th-largest oil and gas reserves on the planet.

BP was among those companies scrambling to win contracts from Tripoli to explore 21,000 square miles of the Sahara for untapped oil and gas. In 2011, then-Prime Minister David Cameron told the BBC the involvement in the conflict was "not about Libyan oil."

Former Libyan intelligence officer Abdelbaset al-Megrahi, the only person convicted for the 1988 bombing over Lockerbie, was released by Scottish officials in August 2009 on compassionate grounds because of a terminal prostate cancer diagnosis. Critics claim his release was tied to oil exploration plans for Libya.

NATO members in March, meanwhile, expressed concern about the political and military divisions that kept Libya divided. In a joint statement, French, British and U.S. ambassadors to Libya voiced strong condemnation over the escalation of violence that threatened Libyan oil and the associated infrastructure.

Libya is a member of the Organization of Petroleum Exporting Countries and is exempt from a multilateral effort to balance an oversupplied global market for crude oil with managed production declines. Libya produced about 1 million barrels of oil per day in July, up 18 percent from the previous month.

U.S. envoy to Libya Chris Stevens and three members of his security staff died during an attack on the U.S. consulate in Benghazi in 2012.

OIL AND GAS
Venezuela's Maduro calls for military loyalty after US threat
Caracas (AFP) Aug 25, 2017
Venezuelan President Nicolas Maduro on Thursday warned the armed forces in his crisis-hit country against "fissures" in their ranks, ahead of war games seen as a show of strength after US President Donald Trump's threat of military action. Maduro launched the warning in a speech to his top military leadership, including General Vladimir Padrino, his defense minister, and General Remigio Ceba ... read more

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


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


Comment using your Disqus, Facebook, Google or Twitter login.

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

OIL AND GAS
OIL AND GAS
For Moratorium on Sending Commands to Mars, Blame the Sun

Tributes to wetter times on Mars

Opportunity will spend three weeks at current location due to Solar Conjunction

Curiosity Mars Rover Begins Study of Ridge Destination

OIL AND GAS
Roscosmos Approves Luna-25 Space Station Model in Moon Exploration Project

Moon's magnetic field lasted far longer than once believed

Reality Bites for Google Lunar X-Prize

Lunar dynamo's lifetime extended by at least 1 billion years

OIL AND GAS
New Horizons Video Soars over Pluto's Majestic Mountains and Icy Plains

Juno spots Jupiter's Great Red Spot

New evidence in support of the Planet Nine hypothesis

Scientists probe Neptune's depths to reveal secrets of icy planets

OIL AND GAS
A New Search for Extrasolar Planets from the Arecibo Observatory

Gulf of Mexico tube worm is one of the longest-living animals in the world

Molecular Outflow Launched Beyond Disk Around Young Star

Tidally locked exoplanets may be more common than previously thought

OIL AND GAS
ISRO Develops Ship-Based Antenna System to Track Satellite Launches

New thruster design increases efficiency for future spaceflight

Russia's S7 group plans to resume Zenit launches from Sea Launch platform

SHIIVER tank arrives at NASA's Marshall Center for spray-on foam insulation

OIL AND GAS
China's satellite sends unbreakable cipher from space

Xian Satellite Control Center resolves over 10 major satellite faults in 50 years

China develops sea launches to boost space commerce

Chinese satellite Zhongxing-9A enters preset orbit

OIL AND GAS
Large asteroid to safely pass Earth on September 1

Asteroid Apophis has One in 100,000 chance of hitting Earth

Asteroid 2012 TC4 will fly past Earth in October 2017

Asteroid to shave past Earth on Oct 12: ESA









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - 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. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. 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. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.