New York, United States - Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, plans to invest more than $1 billion a year in Brazil in a range of holdings from an oil refinery to a toll road. The firm’s second fund in the country, Brazil Special Opportunities...
Libya fighting damages only working oil refinery
Eight oil storage tanks and five other tanks for oil and chemical products were damaged and were leaking, while the transformer of the power supply system was also knocked out.Libya kicks off construction of oil refinery near an oilfield
Announced in the early 1980s, the project for a refinery in southern Libya had been put on hold for years before being revived in 2017. Libya, which has the most abundant oil reserves in Africa, has been trying to emerge from a decade of chaos since the fall of Moamer...
