Libya | Egypt Oil & Gas - Part 28
East Libya Government to Hold Conference in Dubai for Oil Agreements
The internationally-recognized East Libyan government has announced that it will be hosting a conference in Dubai to sign new leases and production agreements, Reuters reported.
Libyan Production Levels Out After Attacks and Protests
Libya's state oil firm, the Arabian Gulf Oil Co (AGOCO), announced that it is now producing at a stable rate of 220,000 b/d
Algeria Calls for Non-OPEC Members to Cut Production Rates
The Algerian energy minister stated that non-OPEC nations need to help to stabilize international oil prices,
Libya to Get Electricity from Egypt
According to the Tripoli Government - Which is not an officially recognized government- Libya will import electricity from Egypt and Tunisia and rent generators as it struggles with power outages that have plunged it ... Eastern Libya Government Appoints New Oil Minister, Plans to Open Ports
The Libyan government in Tripoli recently announced the appointment of a new head for the National Oil Company (NOC), reported Bloomberg.
Libya’s Eastern Power Grid On the Verge of Collapse
Libya power grid in the east is on the verge of a catastrophic collapse, a senior GECOL engineer has warned. His warning is being echoed in t west of the country. Tripoli, Benghazi, Sebha, Kufra and Marj are among m ...
Conflict in Libya Costs BP $600m
Libya has become a major headache for European oil companies as a four-year conflict forced BP to join Total in writing off millions of dollars in investments in the North African country.
Oil Tankers Reach East Libya Port
Two tankers have arrived at the eastern Libyan port of Hariga to lift 1.15 million barrels of crude, an oil official said on Sunday.
