Libya
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.
News
July 11, 2018
Libya’s eastern oil ports will resume shipments after the state energy producer regained control of the terminals following clashes in the region last month.
News
July 11, 2018
Oil fell toward $73/bbl in New York after U.S. President Donald Trump escalated a trade war with China, heightening fears that global economic growth could be caught in the cross-fire.
News
July 09, 2018
Libya’s oil output will keep dropping day by day if major ports remain closed after clashes last month led to a political deadlock, the head of the country’s state energy producer said.
News
July 02, 2018
Libya’s National Oil Corp. declared force majeure on another two oil ports, removing thousands more bbl from the market as global supply concerns put pressure on OPEC to ramp up production.
News
June 28, 2018
The chairman of Libya’s National Oil Corp. in Tripoli said he’s confident that the U.S. and other world powers would help block authorities in eastern Libya from exporting any crude after militia captured key ports there.
News
June 21, 2018
Libya’s state oil company plans to start exporting again “soon” from two of the country’s biggest oil ports after eastern military commander Khalifa Haftar retook control of the terminals following clashes with a rival military force.
News
June 14, 2018
Two of Libya’s biggest oil ports stopped loading crude after armed forces clashed nearby, taking more bbl off the market just as OPEC mulls proposals to boost production.
News
March 05, 2018
Libya’s Sharara oil field, the country’s biggest, began pumping after the reopening of a pipeline to the Zawiya refinery.
News
March 02, 2018
Total has acquired Marathon Oil Libya Limited, which holds a 16,33% stake in the Waha Concessions in Libya.
News
March 02, 2018
Libyan oil is gushing again with production and exports surging to the highest in year
News
March 01, 2018
PetroChina Co. agreed to an annual contract to buy Libyan crude after similar deals by oil majors like Royal Dutch Shell Plc and BP Plc, underscoring a recovery in the North African country’s production even as its political uncertainty persists.
News
March 01, 2018
Libya is keeping oil output steady as higher production from two of its biggest oil fields offsets the impact of a shutdown at a deposit operated by Italy’s Eni SpA.
News
February 26, 2018
Libya’s oil exports from the Mellitah terminal will be “modified” after protests disrupted production at the key El-Feel deposit for the first time in two months.
News
February 23, 2018
A Libyan oil field halted production due to a labor dispute, underscoring the still-fragile nature of the North African country’s recovery from a domestic conflict.
News
January 22, 2018
Libya’s state energy producer announced the restart of production at Wintershall’s Sara oil fields more than two months after they were closed by protests.
News
May 14, 2017
Libya is ratcheting up oil output with less than two weeks to go before the world’s biggest exporters decide whether to extend production cuts to clear a supply glut.
News
May 08, 2017
Libya is pumping the most oil since October 2014 as the OPEC member restores output amid progress in mending the nation’s political divisions. The increase adds pressure on the world’s biggest producers who just signaled they may extend production cuts as oil slumps.
News
May 01, 2017
Oil declined as rigs targeting crude in the U.S. rose for a 15th week and production in Libya rebounded.
News
May 01, 2017
Libya’s crude production rebounded to more than 700,000 bpd as the OPEC member’s biggest oil field and another deposit in its western region resumed pumping after a halt.
News
April 27, 2017
Oil declined to a one-month low as Libya reopened its biggest field and as the market weighs increases in U.S. product inventories and crude output.
