Libya
News
May 11, 2022
Libya’s parliament-backed prime minister said closed oil fields and ports in the OPEC country may soon reopen, though his rival’s energy minister said negotiations with protesters were proving difficult.
News
May 03, 2022
Armed clashes, damaged storage tanks and political protests at key ports have hobbled Libya’s ability to export oil, cutting shipments to the lowest level since October 2020.
News
April 25, 2022
Libya’s oil ministry said fields shut down by protesters may reopen within days, potentially allowing the OPEC member to get back to full production.
News
April 18, 2022
Oil rose with the shutdown of Libya’s biggest oil field in an already under-supplied market overshadowing signals that China’s lockdowns are weighing on its economic growth.
News
April 17, 2022
Two Libyan ports have been forced to stop loading oil after protests calling for Prime Minister Abdul Hamid Dbeibah to step down spilled over into the OPEC member’s energy sector.
News
January 13, 2022
Libya’s oil production is rising gradually after a blockade of its western fields ended and ports in the east re-opened, according to the OPEC member’s energy minister.
News
January 10, 2022
Libya’s oil exports, already sharply curtailed following a blockade by paramilitaries in the west, are set to fall further after bad weather closed ports in the east.
News
January 03, 2022
Russian gas giant Gazprom PJSC missed its own “conservative” target for 2021 exports to Europe, and those capped flows contributed to the continent’s worst energy supply crunch in decades.
News
January 03, 2022
Libya expects its oil production to drop by another 200,000 barrels a day over the next week as workers try to fix a damaged pipeline.
News
January 25, 2021
Iraq pledged to cut output in January and February after pumping more than its OPEC+ quota last year, and Libyan guards halted some crude exports after a pay dispute. Crude was also buoyed by a renewed climb in global equity markets as investors focused on the prospect of additional stimulus.
News
January 21, 2021
Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect, the nation’s top energy official said.
News
January 15, 2021
The OPEC member’s output has fallen to around 1 million barrels daily in the wake of Waha Oil Co.’s decision to shut a key pipeline taking crude to Libya's largest oil port, Es Sider.
News
December 11, 2019
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.
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
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.
