Libya
News
January 17, 2020
Oil gained in Asian trading Monday following supply disruptions and political instability in key producers Libya and Iraq.
News
January 17, 2020
Libya鈥檚 output has plunged by about 800,000 barrels a day from 1.174 million since an eastern military commander, Khalifa Haftar, blocked exports at ports under his control, according to a statement on Saturday from the state-run National Oil Corp.
News
December 11, 2019
Libya鈥檚 state energy company approved French oil giant Total SA鈥檚 acquisition of Marathon Oil Corp.鈥檚 assets in the North African country in a deal that could boost the OPEC nation鈥檚 production capacity.
News
December 06, 2019
Turkey and Libya officially approved a contentious maritime deal that may fuel an energy showdown in the gas-rich waters of the eastern Mediterranean, where both countries are at odds with Greece.
News
October 22, 2019
Petrofac will provide FEED and conceptualization studies to clients in Oman and Libya following the award of a clutch of new contracts.
News
July 31, 2019
Libya鈥檚 oil production dropped to about 950,000 bpd, its lowest in five months, after the unauthorized closing of a valve on a pipeline linking the country鈥檚 largest oil field to an export terminal on the Mediterranean Sea.
News
July 22, 2019
Libyan oil production is set to recover from a five-month low as the North African supplier鈥檚 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鈥檚 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鈥檚 biggest oil field resumed production, adding another complication to OPEC鈥檚 effort to trim a global supply glut.
News
February 25, 2019
Libya鈥檚 state-run National Oil Corp refused to restart the country鈥檚 biggest field after militants seized and declared it secure earlier this month.
News
February 12, 2019
Forces loyal to Libya鈥檚 eastern leader Khalifa Haftar have taken control of the country鈥檚 biggest oil field and say the deposit is secure and ready to resume production.
News
January 17, 2019
Forces loyal to Libya鈥檚 eastern leader Khalifa Haftar have swept into the country鈥檚 lawless and oil-rich southern region to expel militants and secure energy facilities.
News
January 17, 2019
Forces loyal to Libya鈥檚 eastern leader Khalifa Haftar have swept into the country鈥檚 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鈥檚 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鈥檚 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.