Libya
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.
News
January 04, 2017
Libya, the holder of Africa’s biggest crude reserves, is ramping up output from its biggest oil field again after two years of internal conflict, the latest reminder of just how vulnerable OPEC’s quest to clear a global crude glut might be.
