Libyan Oil Ports Close After Armed Clashes
Armed clashes have halted oil loadings at Libya’s Es Sider and Ras Lanuf oil ports, and at least one storage tank at Ras Lanuf was set alight.
Libya | Egypt Oil & Gas - Part 13
Arabian Gulf Oil Company Returns to Full Production After Power Problems
Oil output from Libya’s Arabian Gulf Oil Company (AGOCO) has returned to its normal level of 250,000 barrels per day (b/d) after electricity supply problems.
Libya’s Bahr al-Salam Gas Field Resumes Operations after Maintenance
Libya’s offshore Bahr al-Salam gas field has resumed production at 380 million cubic feet per day after completing upgrades and maintenance.
Total CEO: Libya Has Not Objected to Waha Takeover
Libyan authorities have not raised objections to Total closing a $450 million deal with US-based Marathon Oil to take over its 16% share of the Waha concessions.
Libyan Pipeline Attack Sees Estimated Loss of 100,000 b/d
A Libyan crude oil pipeline was set on fire on April 21 causing losses of between 70,000 barrels per day (b/d) and 100,000 b/d.
Eni Plans to Reduce Oil Output from Libya
Eni’s oil production in Libya will be reduced from 320,000 b/d to 200,000 b/d, Eni CEO, Claudio Descalzi stated.
Libyan Refinery Hit by Explosion
Libya’s Marsa El-Brega refinery was hit by an explosion and fire during the early hours of March 10th after a gas leak at its methanol plant.
Libya’s Sharara Oil Field Reopens
Libya’s largest oil field resumes pumping after reopening the pipeline running to Zawiya refinery
Total Acquires Stake in Libyan Waha Concession
French Total acquired a 16.33% stake in Libya's Waha concession from Marathon Petroleum in an acquisition transaction worth $450 million as part of its strategy to expand in the Middle East and North Africa region ...
Egypt, Libya Discuss Cooperation
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with board member of the National Oil Corporation (NOC), Jadallah Hamed Aloakali, and an accompanying delegation of Libyan oil companie ...
