LIBYA

Claudio Descalzi, CEO of Italy’s Eni says the company’s Libya output has not been affected by the massive and growing instability affecting the country.

Speaking on an 18 February conference call marking the company’s 2014 results he said that though “the environment [in Libya] is very volatile…until now we didn’t have any damage to our facilities,” adding that “at the moment, we’re producing like in the last quarter, close to...