Acting Minister of Oil and Gas meets Shell delegation to discuss future partnership opportunities
The Shell delegation included Andrew Smith, Head of Trading, Eugene Oakberry, Executive Vice President, Exploration and Portfolio, Thomas Gerges, Head of Corporate Relations for the Middle East and North Africa, Tarek El Hassan, General Manager of Trading, and Alex Battalia, Director of Business Development.
During the meeting, the minister stressed Libya's openness to cooperation with major international companies and the importance of investing in the development of fields, increasing production and transferring technology, which contributes to achieving the country's goals in enhancing economic stability and developing national resources.
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Reuters
4 hours ago
- Reuters
Alexander Executive Search (AES) Celebrates Nearly 10 Years of Excellence in Finding Top Engineering and Civil Engineering Talent
ORLANDO, FL, August 11, 2025 (EZ Newswire) -- Alexander Executive Search (AES), opens new tab is celebrating nearly a decade of recruiting excellence, connecting high-caliber talent with leading organizations across the United States through a distinctive, behavior-focused hiring methodology. Based in Orlando, the firm has carved out a niche in sourcing senior-level and C-suite professionals exclusively within the engineering, civil engineering, and oil and gas sectors, specializing in hard-to-fill, technical roles. Founded by Keith Fox, opens new tab, AES was born out of his desire to transform the way hiring is done. 'I've always believed there's a better way to recruit,' says Fox. 'I'm not interested in just filling positions; I'm focused on finding people who will truly thrive in a company's culture. Good recruitment goes beyond a transactional relationship; it's about ensuring alignment.' At the heart of AES's success is a multi-layered assessment process that blends scientific, objective evaluation with in-depth behavioral insights. While traditional recruitment often stops at reviewing resumes and verifying skills, Fox takes it further. 'Skills are a tick-box exercise. You can confirm them through a resume, references, or training records,' he explains. 'But people are hired on skills and experience, and fired on behavior and performance. Understanding how someone will operate, how they'll fit within a team, that's the defining factor.' The process begins by assessing the hiring manager and team to identify the behavioral traits needed for success in the role. This is followed by a rigorous evaluation of candidates that examines their presentation and mannerisms, their professional qualifications and technical knowledge, and, what Fox considers most critical, their behavioral drivers, including attitude, self-motivation, judgment, and values. This deeper layer of analysis is designed to prevent costly mis-hires and ensure that candidates are not only qualified but also aligned with the company's culture and long-term vision. The AES Dashboard Candidates receive a comprehensive briefing pack outlining the company, job description, responsibilities, and expectations, ensuring complete transparency before the first interview. AES's commitment to precision extends beyond the hiring stage. Fox offers a 12-month free replacement guarantee if a placement leaves or is terminated for performance reasons, a promise he has rarely had to fulfill in the company's history. Unlike agencies that rely on inbound applicants, AES is built on targeted headhunting. The AES team actively seeks out the best people for the job, often taking up to eight weeks to place the perfect candidate. His 'head, heart, and mind' approach ensures that he connects with candidates on a personal level, understands what motivates them, and presents opportunities in a way that engages both their logic and passion for the work. Fox credits AES's longevity to its ability to adapt to change. 'I've got a lifetime business because I'm always watching the market and adjusting to it,' he says. 'Recruitment will always be recruitment, but the way we do it, that's what gets results. We don't just forward resumes. We're interested in the whole person, their values, and how they'll contribute to a company's success.' As AES approaches its 10-year milestone, the company remains committed to delivering measurable, lasting impact for both clients and candidates. It aims to prove that in the high-stakes world of executive search, the right fit goes far beyond the resume. About Alexander Executive Search (AES) Alexander Executive Search (AES) is an expert search recruitment company based in Orlando, Florida. Founded by Keith Fox, the company hires exclusively for senior executives and C-suite roles in the civil engineering, oil, and gas industries. The company helps its clients collaborate with top talent selected through an extensive search process that incorporates a rigorous and strategic recruiting process that analyzes a candidate's intellectual as well as emotional strengths. For more information, visit opens new tab. Media Contact Keith Foxinfo@ ### SOURCE: Alexander Executive Search (AES) Copyright 2025 EZ Newswire See release on EZ Newswire
Daily Mail
12 hours ago
- Daily Mail
BP risks wrath of Ed Miliband by reopening mammoth North Sea field after Donald Trump warned Britain was wasting 'a treasure chest' of oil and gas
BP will reopen a key North Sea field as it plans to pump new oil and gas for at least a decade - risking the wrath of Ed Miliband as he tries to reduce the offshore industry. The British energy firm is reactivating the Murlach field, 120 miles off Aberdeen, after it was declared uneconomic and taken out of use by previous operator Shell in 2004. BP said new technology meant the field could be viable again and new equipment has been installed after the previous government agreed that it could be used again. Production could now begin later this year, infuriating environmental campaigners as the Energy Secretary tries to end new fossil fuel production in the North Sea. This project is technically not new because it gained approval in 2023 - and the Government has said it will back existing licences such as this one for their duration. But it comes after Donald Trump hit out at the UK's taxes on North Sea oil while in Scotland last month, saying the resource is a 'treasure chest' for the country. The US President posted on his Truth Social platform: 'North Sea Oil is a treasure chest for the United Kingdom. The taxes are so high, however, that it makes no sense. 'They have essentially told drillers and oil companies that, 'we don't want you'. Incentivize the drillers, fast. A vast fortune to be made for the UK, and far lower energy costs for the people!' BP said the field has enough resources for 11 years of production and could produce 20,000 barrels of oil and 17 million cubic feet of gas daily, reported The Telegraph. But Greenpeace UK's policy director Dr Doug Parr told the Daily Mail: 'The North Sea is on death's door. Reserves are drying up and what's left and untapped is barely enough to keep it on life support. 'Three billion barrels wouldn't last more than a few years at current rates of consumption, and even that assumes it is economic to extract. 'Whatever the political rhetoric, the oil and gas is pretty much gone, and soon, so too will the jobs of thousands of workers. 'Unless we want to remain dependent on overseas imports and watch an entire industry collapse with no plan for workers, the only sensible thing to do is to pivot the North Sea to something we have an abundance of, and something that will never run out – wind.' A Government spokesman said: 'We are committed to delivering the manifesto commitment to not issue new licences to explore new fields because they will not take a penny off bills, cannot make us energy secure, and will only accelerate the worsening climate crisis. 'We are delivering a fair and orderly transition in the North Sea, with the biggest ever investment in offshore wind and two first of a kind carbon capture and storage clusters.' The Government has already said it would support 'existing fields to operate for the entirety of their lifetime' and has 'commitments not to revoke existing licences'. Ministers have also stated that the most accessible oil and gas has already been extracted, with production naturally declining having done so for the last 25 years. The Government believes the North Sea no longer has the reserves available to support domestic energy demand, and insist they have reformed the Energy Profits Levy to support investment and give industry certainty and stability. Projections by the North Sea Transition Authority, the Government's oil and gas regulator, in March suggested an annual decline of about 7 per cent for oil and 12 per for natural gas. The body also expects a 90 per cent fall in oil and net gas production by 2050 compared to last year. Chancellor Rachel Reeves said on August 1 that renewable and non-renewable energy sources are not an 'either-or', describing oil and gas as 'incredibly important for the UK and our energy security'. Berwick Bank in the North Sea has this week received a green light from the Scottish Government. The proposed wind farm, off the coast of East Lothian, could add more than 4.1 gigawatts of capacity, which according to developer SSE Renewables is enough electricity to power more than six million homes annually. But Mr Trump criticised existing wind farms during his visit, when he said: 'When we go to Aberdeen, you'll see some of the ugliest windmills you've ever seen, the height of a 50-storey building.' Gesturing with his hands, he added: 'You can take 1,000 times more energy out of a hole in the ground this big.' Conservative shadow Scottish secretary Andrew Bowie has written to Prime Minister Sir Keir Starmer, calling for a review of policies affecting the oil and gas industry. The Daily Mail has contacted BP for comment.
Finextra
13 hours ago
- Finextra
Zodia Markets raises over $18 million in Series A funding
Zodia Markets, the Standard Chrtered-backed digital asset platform enabling institutional capital through stablecoins, has raised $18.25 million in a Series A funding round, as demand for real-time wholesale trading, settlement and cross-border movement via stablecoins skyrockets. 0 The raise was led by Pharsalus Capital, a New York head-quartered venture capital firm, with participation from Circle Ventures, The Operating Group, XVC Tech, Token Bay Capital, Human Capital and other strategic investors. Founded in 2021, Zodia Markets has been backed from inception by SC Ventures, the innovation unit of Standard Chartered Bank, and OSL Group, Asia's leading digital asset company. Usman Ahmad, co-founder and CEO comments, 'This raise is an endorsement of our strategy, vision and execution, but more than that, reflects the conviction of globally respected investors who recognise both the complexity of this market and the scale of what we're building. "Institutional capital shouldn't have to wait for banking hours or be held back by manual workarounds. Our heritage means we're in a unique position to reengineer traditional foreign exchange capital flows with real time stablecoin settlement across borders.' The firm supports over 20 fiat currencies and more than 70 digital assets, including USD and non-USD stablecoins. Ahmad says the financing will be directed twoards the firm's continuing geographic expansion and support for stablecoin-based payment orchestration.
