Two Libyan Oil Fields Resume Operations, Increasing Production
Libya’s oil production has increased after the Amal and As-Sarah oilfields in the east of the country resumed operations.
Libya | Egypt Oil & Gas - Part 13
Wintershall’s Libya Production Falls to 10,000 b/d
German company Wintershall is currently producing less than 10,000 barrels per day (b/d) of crude from its Libyan operations, compared with 60,000 b/d earlier this year.
Libya’s Abu Attifel Field Restarted Operations
Libya's Abu Attifel oil field has resumed operations after pausing for two weeks.
Libya Declares Force Majeure on Supplies, Oil Rises
Libya has declared a force majeure on significant ammounts of its supply, pushing oil prices to highs not seen since 2014.
Oil Rises on Iran Supply Concerns
Oil prices rose on June 27 after US officials ramped up pressure on its allies to end imports of Iranian crude by November.
Libya to Give Extra $500 Subsidies to Households
The Libyan Government of National Accord will provide each household with an extra $500 in subsidies cards starting from July 2018.
Libya Oil Facilities Suffer ‘Catastrophic Losses’ After Clashes
Libya’s National Oil Company stated that clashes at oil facilities on the country’s northeast coast have caused “catastrophic losses” after two storage tanks were destroyed.
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.
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.
