Tag Archives | Reduction

Oil Output to Fall Further as Worker Protests Spread

According to Reuters, Libyan oil production is set to drop further as workers at the country's Arabian Gulf Oil Company (AGOCO) plan to progressively reduce output in protest over management changes and the company's structure. "Union members met today in the fields of Mesla, Nafoora, Sarir and Hamada, and they decided to cut production in […]