Libya
News
July 22, 2019
Libyan oil production is set to recover from a five-month low as the North African supplier’s biggest field restarts following a brief halt.
News
April 08, 2019
Libya is heading towards mass chaos that puts oil output and exports at risk, just as its oil sector looked set to stage a recovery.
News
March 31, 2019
The warning by Ghassan Salame hangs over tortuous efforts by the North African nation’s two rival leaders to reach a power-sharing agreement that could mark a breakthrough in ending a ruinous eight-year war that began with the ouster of Moammar Qaddafi.
News
March 18, 2019
Libya boosted crude production by a third after restarting its biggest field, and its top oil official sees further gains when companies like BP Plc invest and start pumping oil in the politically divided OPEC nation.
News
March 05, 2019
Libya’s biggest oil field resumed production, adding another complication to OPEC’s effort to trim a global supply glut.
News
February 25, 2019
Libya’s state-run National Oil Corp refused to restart the country’s biggest field after militants seized and declared it secure earlier this month.
News
February 12, 2019
Forces loyal to Libya’s eastern leader Khalifa Haftar have taken control of the country’s biggest oil field and say the deposit is secure and ready to resume production.
News
January 17, 2019
Forces loyal to Libya’s eastern leader Khalifa Haftar have swept into the country’s lawless and oil-rich southern region to expel militants and secure energy facilities.
News
January 17, 2019
Forces loyal to Libya’s eastern leader Khalifa Haftar have swept into the country’s lawless and oil-rich southern region to expel militants and secure energy facilities.
News
December 10, 2018
Libya declared a state of force majeure at its largest oil field after an armed group forced a production halt, just days after OPEC exempted the country from global output cuts.
News
November 19, 2018
Libya’s top oil chief expects OPEC and allied producers to exempt the strife-torn North African country from any future cuts in crude output.
News
November 01, 2018
OPEC’s crude production inclimbed to the highest level since 2016 as increases by Saudi Arabia and Libya offset losses stemming from impending U.S. sanctions on Iran.
News
October 25, 2018
Libya, one of the most volatile and politically fragmented oil producers, expects to pump as much crude by the end of next year as it did before the 2011 revolt against former strongman Moammar Al Qaddafi.
News
October 22, 2018
BP and Eni could re-start work on a project in Libya in the first quarter next year, setting the stage for the OPEC member to boost production by up to 100,000 bopd.
News
October 08, 2018
A letter of intent (LOI) was signed in London by National Oil Corporation chairman Eng. Mustafa Sanalla, BP group chief executive Bob Dudley and Eni CEO Claudio Descalzi.
News
September 10, 2018
Libya’s National Oil Corp. will carry out operations as usual across the country after security forces quashed a deadly attack on the state company’s headquarters in the capital Tripoli, the NOC’s chairman said.
News
September 04, 2018
OPEC crude production rose in August to the highest level this year as a recovery in Libyan output helped to offset a cut in Iranian exports due to U.S. sanctions.
News
August 13, 2018
OPEC crude production rose in July, despite sliding output in Libya, Iran and Saudi Arabia.
News
July 18, 2018
Just as Libya resumes oil exports from recently shuttered ports, an attack on its largest field is setting back progress yet again.
News
July 16, 2018
Oil output at Libya’s biggest field is set to drop by about half after authorities evacuated staff and shut wells for safety following the armed abduction of several workers at the Sharara deposit, according to the state National Oil Corp.
News
July 13, 2018
Oil headed for a weekly loss as escalating trade tensions between the U.S. and China rattled investors, while Libya’s plans to restore output allayed fears of a supply crunch.
