Libya

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.
News
April 27, 2017
Libya’s biggest oil field, Sharara, reopened as crude began to move through a pipeline connected to the Zawiya refinery, according to a person with direct knowledge of the matter.
News
April 20, 2017
Libya’s El-Feel oil field, operated by a venture between Eni SpA and the state producer, reopened after a two-year halt in operations that crimped the OPEC nation’s output, according to a person familiar with the situation.
News
April 11, 2017
Libya’s oil production fell by 30% to the lowest level since September as the OPEC producer’s biggest field stopped pumping just one week after reopening from an earlier halt.
News
April 10, 2017
Crude headed for its longest run of gains this year as Libya’s biggest oil field suffered another outage while Russia signaled it’s weighing an extension of OPEC-led production cuts.
News
April 10, 2017
Libya’s biggest oil field stopped producing just one week after it reopened, forcing the OPEC member to declare force majeure at a key export terminal, the latest disruptions to the country’s output and shipments of crude.
News
April 05, 2017
SAN DONATO MILANESE, Milan -- Eni has made a new discovery of gas and condensates offshore Libya in the ‘Gamma Prospect‘, in the Contract Area D, 140 km offshore from Tripoli, in Libya.
News
April 03, 2017
Crude traded near $50/bbl as a rebound in Libyan oil production and U.S. supply gains countered optimism that OPEC would continue to restrain output.
News
March 29, 2017
Oil prices rose after a pipeline halt reduced output in OPEC member Libya, countering concerns that a U.S. surplus shows little sign of diminishing.
News
March 28, 2017
Libya’s biggest oil field was said to stop producing, leading to a 20% decline in crude output from the country with Africa’s largest reserves.
News
March 22, 2017
Libya’s oil production has climbed to almost match the level before clashes disrupted output three weeks ago and forced the OPEC nation’s two biggest oil ports to halt shipments.
News
March 20, 2017
Libya’s major oil ports of Es Sider and Ras Lanuf are resuming operations and preparing to export crude after a two-week halt in shipments due to military clashes in the holder of Africa’s largest crude reserves.
News
March 13, 2017
Libya’s crude output dropped 11% as clashes among rival armed groups over the last 11 days led to the closing of some of the OPEC nation’s biggest oil export terminals, forcing a number of fields to halt production.
News
March 09, 2017
An oil tanker that was scheduled to load crude at Libya’s Es Sider port changed its course to a different terminal in the west of the country as clashes in the eastern region keep the main export terminals out of service.
News
March 06, 2017
Libya’s crude output dropped after clashes forced two of the country’s biggest oil ports to shut down, threatening the OPEC member’s efforts to revive the production of its most important commodity.
News
March 03, 2017
Libya’s biggest oil port was seized by an armed group, dealing a blow to the North African country as it seeks to revive production of its most important commodity. Brent crude futures climbed.
News
March 03, 2017
Workers were evacuated from Libya’s biggest oil port of Es Sider as fighting escalated nearby, highlighting threats to the North African country’s efforts to restore its crude production following two years of conflict.
News
February 21, 2017
Rosneft signed investment and crude-purchasing agreements with Libya’s National Oil Corp. as more international companies return to the North African country to gain access to Africa’s largest reserves.
News
February 15, 2017
Libya’s crude production exceeded 700,000 bopd and is due to keep rising as working conditions in the conflict-ridden country improved for international companies like Eni SpA and Total SA, an official from the state oil company said.
News
January 24, 2017
Libya is pumping 715,000 bopd, the most since 2014, and is on track to keep boosting output this year as the country restores much of the production lost amid political chaos and conflict, the state oil company’s chairman said.
News
January 17, 2017
Libya’s oil production rebounded to about 700,000 bpd after dipping temporarily due to power outages that disrupted operations at some of the OPEC member’s fields.
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