Libya | Egypt Oil & Gas - Part 27
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,
Libya Oil Production up to 440,000 B/D NOC Says
Libya is producing roughly 440,000 bpd of crude oil, the chairman of the country's National Oil Corporation (NOC) said.
Libya’s Oil Production Less Than Quarter of Pre-Arab Spring
Libya's oil production has dropped to 300,000 b/d, less than a quarter of what it produced before the 2011 fall of Muammar Gaddafi, mostly because of insecurity and closed pipelines.
Islamic State Attacks Forces Guarding Oil Port in Libya
Militants from the so-called Islamic State attacked forces guarding one of Libya’s main oil ports last Thursday with a gun assault and an attempted car bomb. East Libya to Punish Oil Firms Backing Rival Government
Libya's internationally recognised government plans to boost oil production five-fold and will punish companies working with a rival cabinet striving to control the divided North African nation's crude deposits. East Libya Government Threatens to Stop Oil Shipments
The East Libyan government has announced it may prevent oil shipments if the deals are negotiated through Tripoli, Bloomberg
