World Bulletin / News Desk
Protesters demanding jobs closed off the eastern Libyan port of Zueitina for a sixth day on Monday, extending a halt in oil exports, according to a senior oil industry source and to one of the demonstrators.
Roughly a dozen men last Tuesday evening forced their way into the port, just hours after Zueitina Oil Company workers had temporarily suspended a strike and resumed production at oilfields that pump to the terminal.
"The situation is still the same," a senior Libyan oil industry source said. "Exports are still down as of yesterday evening. I do not think there has been any change this morning."
Belgasem al-Sghou, who described himself as the leader of the protesters, said two ships were waiting to come into the port to load crude.
"We are not allowing them to be loaded from this port," he said by phone, adding that maintenance work continued as normal, however.
Sghou said the protesters numbered less than 10, even though they represented around 300 people. Asked if there had been any talks yet with government officials to end the demonstration, he said: "Nothing has appeared yet."
The protesters are among a group of civilian demonstrators demanding jobs who shut down the port for several weeks earlier this year. An agreement was later reached for new jobs to be created but the group said they had yet to begin work.
Protests and strikes at various facilities have repeatedly lowered Libya's oil output, which had returned faster than expected to pre-war levels of around 1.6 million barrels per day (bpd). The source said output at the end of last week stood at around 1.36 million bpd.
Other oilfields such as El Feel - operated by Mellitah, a joint venture between state firm the National Oil Corporation and Italy's Eni - were also shut down last month due to separate strikes. El Feel has a capacity of around 130,000 bpd.
The case has been closely watched due to the potentially high damages award and the opportunity to peek into the world of Silicon Valley's elite.
The currency move was part of wider actions by Russian banks to repatriate funds to Russia, lowering their exposure to the risks of possible wider Western sanctions
With memories of riots at the pumps when cheap fuel was rationed for the first time, in 2007, police are on the alert, but do not expect trouble, Interior Minister Abdolreza Rahmani Fazli said
Slovak Economy Minister Tomas Malatinsky said a deal allowing shipment of the gas via an unused pipeline between the two countries was almost ready.
Much lawmaking in Europe, including a sweeping overhaul of banking, is wrapped up in talks between diplomats and lawmakers with no public record of who attended or what was said
Thousands of workers at a factory in Dongguan in the Pearl River Delta run by Hong Kong-listed Yue Yuen Industrial Holdings , the world's largest shoe maker, have been on strike for more than 10 days
Russian Economy Minister Alexei Ulyukayev said last week that Russia could launch a dispute at the world trade body to challenge U.S. sanctions.
A Gazprom source said the $11.4 billion was in addition to the $2.2 billion that Naftogaz already owes for supplies in 2013 and 2014 so far.
Tech giant Apple reported Wednesday a 4.6 percent increase to $45.6 billion in quarterly revenue, beating market expectations after selling 43.7 million iPhones.
The six-day meeting is expected to discuss the CFTA's objectives, the principles that will guide negotiations for the free trade area, and the institutional arrangements needed to conduct negotiations.
Russia has proposed from European Union Energy Commissioner Guenther Oettinger for a three-way meeting on gas between Russia
The southern African country, which ditched its hyper-inflated local currency in 2009, is facing a serious dollar crunch as a result of lack of foreign donor support and investment
The European Commission, in charge of policing member states' public finances, is expected to respond to French projections in early June after European parliamentary elections
The Australian purchase is a signal of confidence in the F-35 Joint Strike Fighter (JSF) programme, which is about 70 percent over budget and years behind schedule
Executives say a plan is needed to tackle surging inflation as economic recession looms.
An agreement between the United States and Japan is crucial for setting the tone for other countries engaged in the TPP