business

Libya: Licensing Awards Signal “Unprecedented Confidence” in Oil Masoud Suleiman Musa, acting chairman of Libya's National Oil Corporation, speaks during a news conference announcing grants of oil exploration and production licenses, in Tripoli, Libya, February 11 | Mahmud Turkia/AFP

Masoud Suleiman Musa, acting chairman of Libya's National Oil Corporation, speaks during a news conference announcing grants of oil exploration and production licenses, in Tripoli, Libya, February 11 | Mahmud Turkia/AFP

Libya: Licensing Awards Signal “Unprecedented Confidence” in Oil

Nyambita Magoma February 12, 2026

Despite political risks, major international energy firms have signed new licensing deals for oil exploration in Libya...

BASF Moves Global Hub to India

BASF Moves Global Hub to India

SWT News Desk February 11, 2026

Chemical giant BASF announced a major restructuring of its Global Business Services, moving its Finance and HR...

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