Libya's Bouri oil field resumes its operations

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Source: Marketwatch

Libya's Bouri oil field a part of which is owned by Italy's ENI SpA has resumed its operations, announced the head of the company. The company restarted output at 10,000 barrels a day and is projected to achieve a full capacity of 40,000 barrels till the end of the year. Restart of the activity facilitates the country's development after war period.

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Wed, 23 Nov 2011 13:54:42 GMT

Hang Seng Index experiences a new decline

On Wednesday Hong Kong's Hang Seng Index extended its decline and dropped by 2.1% closing at 17,864.43 or 387.16 points down compared to Tuesday. The sharp decline was mainly caused by China's disappointing manufacturing survey. PCCW Ltd was among major losers in index, giving up 3.3% after pricing its telecom trust at lowest level in price range. Resource and banking industry shares also added negatively to

Wed, 23 Nov 2011 14:03:05 GMT

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