Libya, Turkey set $5B trade target
Turkish Trade Minister Omer Bolat announced during an official visit to Tripoli, that Libya and Turkey have agreed to establish
Exxon Mobil Corp. announced the discovery of natural gas off Egypt's northern coast after drilling the Nefertari-1 well in the Mediterranean Sea. Located approximately five miles offshore in the North Marakia Block, the exploration effort yielded gas-bearing reservoirs, according to the Texas-based oil giant. "We will continue to evaluate the results," stated Exxon in a recent press release. The company is assessing the well's potential for future development.
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