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, Blo...
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, reported Reuters. Ian Taylor, th...
Libya is producing roughly 440,000 bpd of crude oil, the chairman of the country’s National Oil Corporation (NOC) said, Reuters reported. Tripoli-based NOC Chairman Mustafa Sanallah gave the figures at the Libya...
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, a top official said accordin...
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, in an escalation of their campaign in the North African sta...
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 dep...
The East Libyan government has announced it may prevent oil shipments if the deals are negotiated through Tripoli, Bloomberg reported. Libya has been divided into two rival governments for more than a year after the I...
Libya Oil Ethiopia Limited, a subsidiary company of the Libya Oil Holdings Ltd, is to expand its investment and business in Ethiopia, Zekarias Wolika, sales and marketing manager told journalists, according to Oil Rev...
Three days after ENI’s announcement of “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 the ...
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. Libya has been split between two govern...