Monday 21 February 2011

Italy’s Eni and Other Oil Firms to Evacuate Libya

Libya: From Colony to Independence (Oneworld Short Histories)Italy’s Eni and Other Oil Firms to Evacuate Libya - NYTimes.com: "Global oil companies said Monday that they were making plans to evacuate employees in Libya after some operations there were disrupted by political unrest. Libya holds the largest crude oil reserves in Africa, and the moves drove some stock prices down and a crucial oil benchmark to a three-year high.

The largest and most established foreign energy producer in Libya, Eni of Italy, said in a statement that it had begun repatriating “nonessential personnel” and the families of its employees."

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