Libya | Egypt Oil & Gas - Part 27
Islamic State Claims Responsibility for Deadly Attacks in Libya
Islamic State has claimed responsibility for a series of deadly attacks in Libya, including a suicide truck bombing that targeted police training center in the western city of Zliten, killing at least 50 people, repor...
Tripoli NOC Reasserts Legal Rights Over Crude Export
The Tripoli-based National Oil Corporation (NOC) issued a statement underlining its right to take legal action against any party that tries to export crude or products from Libya without its permission, reported Bloom...
Eastern Libyan State Oil Company Signs Deal with Egypt
The state oil company of Libya’s eastern government has completed a deal to sell 2m barrels of oil to Egypt, according to a company press release, reports Egypt Independent. The deal includes the oil shipment and indu...
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, RT reported....
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 f...
Libya’s NOC to Open Talks with Protesters, Reopen Oilfields
Libya’s National Oil Corp. (NOC) has formed a special committee to accelerate talks with protesters that may lead to reopening of El Sharara and El Feel oilfields, Reuters reported. The committee is to discuss r...
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. According to Reuters, commodities trader Glencore said it recogn...
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, Finantial Times reported....
