Libya Gas

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  Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply

  Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.

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  Indian Oil Corporation Chalks Out Plan To Double Refining Capacity

  IOC has stake in eight domestic and nine overseas oil and gas blocks in Libya, Gabon, Nigeria, Yemen, Venezuela, Russia, Canada and the US.

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  Libya Ships Out Last Batch Of Chemical Weapons

  Libya has shipped the last of its chemical weapons stocks out of the country, officials said today, under a UN-backed plan to ensure the arsenal could not fall into the wrong hands.

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  Islamic State Eyeing Oil Targets Beyond Syria Stronghold: US Official

  Islamic State is looking at potentially vulnerable oil assets in Libya and elsewhere outside its Syria stronghold, where the militant group controls about roughly 80 percent of the oil and gas fields, a senior U.S. official said on Tuesday.

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  The 'Uncatchable' One-Eyed Jihadi Mokhtar Belmokhtar

  Mokhtar Belmokhtar, the one-eyed Islamist reported to have been killed in a US airstrike in Libya Monday, was an Al-Qaeda veteran and the mastermind behind a devastating attack on an Algerian gas plant in 2013.

• Brent Crude Falls to 2-Year Lows on Strong Dollar, Surplus Supply

  While output surges in the United States owing to oil shale extraction, exports are on the rise in Russia, Libya and Kurdistan. Also, Saudi Arabia cut prices for the fourth straight month last week to defend its market share, suggesting it is unlikely to cut production any time soon.

• Brent rises to $106 a barrel, lifted by product supply drop

  Brent oil rose to $106 a barrel on Wednesday, supported by a fall in US oil product inventories and worries about prolonged weakness in supply from Libya as the peak northern hemisphere winter heating season looms.

• Qatar's new emir Sheikh Tamim bin Hamad al-Thani seen maintaining country's role as power broker

  Qatar's new emir Sheikh Tamim bin Hamad al-Thani is widely expected to push ahead with his father's drive that transformed the wealthy Gulf Arab gas exporter into a regional power broker.

• Libya's ports reopen after protests, gas complex attacked

  Libya's oil terminals at Tobruk and Zueitina re-opened over the weekend after protests forced both ports to shut, Libya's deputy oil minister Omar Shakmak said.

• Libya gas exports to Italy halted after militias clash

  Gas exports to Italy from the Mellitah complex in northwestern Libya have been suspended since Saturday following clashes between rivals militias in the area, Libya's National Oil Corporation (NOC) and Italy's ENI said.

• Algerians suspect inside help in hostage raid

  The In Amenas gas plant felt impregnable to many who worked there - walled in, hundreds of miles from anywhere and with the Algerian army constantly patrolling its desert approaches.

• Embassies in Egypt will be protected: Mohammed Morsi

  Egypt's Islamist President Mohammed Morsi on Thursday condemned the attack on Libya that killed the American ambassador and vowed to protect foreign embassies in Cairo, where police were using tear gas to disperse protesters at the US mission.

• Police, protesters clash outside US embassy in Cairo

  Police used tear gas as they clashed on Thursday with a stone- and bottle-throwing crowd protesting outside the US embassy in Cairo at a film mocking Islam, witnesses and the interior ministry said.