Libya | Egypt Oil & Gas - Part 27

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,

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.

Page 27 of 36

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