Libya | Egypt Oil & Gas - Part 26
France Warns IS Threatening Libya’s Oil Fields
French Ministry of Defense warned that IS forces were moving inland from their coastal strongholds into Libya’s oil wells areas aiming to overtake the oil fields, while ruling out a military intervention.
Vitol to Invest in Libya’s Oil
Vitol Group, the world’s biggest independent oil trader, and Litasco SA are approaching a trade deal with the Libya's Tripoli-based National Oil Corporation (NOC) in a few days to supply billions of dollars worth of ...
Libya’s NOC to Open Talks with Protesters, Reopen Oilfields
Libya's National Oil Corp. has formed a special committee to accelerate talks with protesters that may lead to reopening of El Sharara and El Feel oilfields.
Libya’s NOC Garners More International Support
Libya’s National Oil Corp. (NOC) in Tripoli said it was to resume production from two oil fields, including the biggest Sharara, after more than a year.
Libyan Oil Finds a Consistent Buyer in Glencore
Anglo–Swiss multinational commodity trading and mining company headquartered in Baar, Switzerland, Glencore has secured a deal to buy roughly the half of the oil Libya is currently exporting.
Libya, Fire at Two Oil Storage Tanks at Abu Tifl Field
Two oil storage tanks at the Abu Tifl field, south east of Jalu and some 300 kilometres south of Benghazi, were badly damaged in a fire.
West Libya’s National Oil Declares Force Majeure at Zueitina Port
Libya’s Petroleum Facilities Guard halted crude shipments from Zueitina port indefinitely amid an escalating conflict between the divided country’s rival governments, putting the OPEC member’s oil exports at risk. Vitol Thinks Libya Will Add to Oil Glut
Vitol, the world's largest oil trader, has predicted that the price of crude will at the most waver around the $60 a barrel level next year, in part because of Libyan production,
