Libya | Egypt Oil & Gas - Part 28
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.
Libya Discusses Power-Sharing Deal
Libya's two main rival factions restarted U.N.-backed peace talks in Morocco on Friday with negotiations at a crucial stage over a power-sharing proposal that negotiators call the best chance for peace. Libya May Double Oil Output Due to Lasting Low Oil Prices
Libya may double crude output to 800,000 barrels a day by next month after talks to reopen oil and gas pipelines feeding export terminals, amid the most enduring global glut in almost two decades
Libya’s Official Government Can’t Sell Oil Directly
Libya's official government, based in the east since fleeing the capital, has so far failed to sell oil by itself, despite setting up a Dubai bank account and new central bank unit, industry and banking sources say. Islamic State Approaches Libya’s Oil Ports as UN Seeks Accord
Islamic State strengthened its hold in central Libya, seizing territory near the country’s largest oil terminal, as the United Nations warned that time is running out on its efforts to broker a deal among warring fac ... Libya’s AGOCO Producing up to 290,000 b/d
Eastern Libyan state oil firm AGOCO is producing 250,000 to 290,000 barrels per day (bpd), a company spokesman said on Sunday, unchanged from recent weeks.
