Libya | Egypt Oil & Gas - Part 28

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

Ethiopia: Libya Oil to Expand Its Investment in the Country

Libya Oil Ethiopia Limited, a subsidiary company of Libya Oil Holdings Ltd, is to expand its investment and business in Ethiopia, said Zekarias Wolika, sales and marketing manager of Libya Oil Ethiopia.

Bombing of Eni JV in Libyan Capital of Tripoli

Three days after ENI’s announcement of the “biggest ever” Mediterranean natural gas deposit in the Mediterranean Sea, a car bomb went off in front of the headquarters of Mellitah, an oil and gas joint venture between ...

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.

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