WorldOil UN continues efforts to solve Libya’s export-halting political crisis Libyan economic experts will study the distribution of crucial oil revenue as efforts continue to solve the war-ravaged OPEC member’s political crisis, the United Nations said. UN-backed peace talks hope to restore Libya’s stalled oil output The two-day meeting in Cairo is being closely monitored for any sign of a deal to restore output in the North African nation after supporters of eastern commander Khalifa Haftar forced ports to close mid-January, driving production to its lowest since 2011. Tankers leave Libya without cargoes as export blockade drags on Tankers have begun to leave Libyan ports without cargoes after waiting for days for the end of a blockade of the country’s export terminals by forces loyal to Libyan commander Khalifa Haftar. Libya’s oil output just days away from complete stoppage Libya’s oil output could be days from coming to a complete halt as conflict in the OPEC nation puts the country’s most vital industry at risk, the nation’s top oil official said. Oil shutdown a ‘bullet in the head,’ says Libyan central bank Libya’s Central Bank Governor Sadiq Al-Kabir called on the international community to help end a week-long shutdown of oil ports by eastern military commander Khalifa Haftar, likening the closures to a “bullet in the head.” U.S. calls for immediate resumption of Libyan oil production The U.S. embassy in Libya called Tuesday for an immediate resumption of oil production, increasing pressure on eastern strongman Khalifa Haftar, who has disrupted output in a show of defiance to world leaders pushing to end the North African country’s civil conflict. With Libya’s oil blocked, EU urged to take more active role The European Union’s foreign policy chief said member states will need to take a more active role in Libya if yesterday’s peace conference in Berlin is to bring stability to the country and help get its oil flowing again. Libyan oil production halts in advance of talks to end civil war Libya’s 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. Total gets Libya’s approval to acquire Marathon Oil’s assets Libya’s state energy company approved French oil giant Total SA’s acquisition of Marathon Oil Corp.’s assets in the North African country in a deal that could boost the OPEC nation’s production capacity. Turkish offshore gas deal with Libya upsets Mediterranean boundaries 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.