Gazprom Neft Still Counts on Libya

Gazprom Neft, Russia’s No.5 crude producer, said it still hoped to return to Libya where its deal to buy a stake in the Elephant oil project from Italian group Eni was halted by the ongoing civil war. The conflict in Libya has almost shut down output in what used to be Africa’s third-largest producer, helping send oil prices to 2 1/2 year highs and forcing Eni and Gazprom Neft […]