Libya | Egypt Oil & Gas - Part 30

Libyan Chaos Threatens More Oilfields and Exports to Italy

Libyan protesters have shut down an eastern gas field and threaten to close the western Wafa oil and gas field, which would stop gas exports to Italy, a spokesman for state oil firm NOC said on Wednesday.

Total´s Write-Off in Libya Oilfield Adds Pressure on Other Firms

Libya’s civil war is starting to force European oil companies to write off assets in North Africa as militias attack oil fields and terminals.

Libya Shuts Down El Feel Oilfield

Libya has shut down the El Feel oilfield, an engineer at the western field said on Saturday.

Rival Government Continues to Receive Oil Revenue in Libya

Libya's official government has so far failed to sell oil on its own via an account and middlemen in Dubai, as customers continue to buy crude directly from a state oil firm under the control of a rival government, o ...

Saudi Arabia Spearheads OPEC Oil Boom as U.S. Shale Slows Down

Saudi Arabia pumped close to a record amount of crude oil last month, leading the biggest surge in OPEC output in almost four years just as the U.S. shale boom shows signs of slowing, the International Energy Agency ...

East Libyan Oil Port Hariga Closed Due to Weather

Libya has closed the eastern oil port of Hariga due to bad weather, an oil official said on Sunday.

OPEC Should Cut Oil Output, Libya Official Says

OPEC should change course and cut oil supply by 800,000 barrels per day (bpd) or more to prevent an expected return of Iranian exports from weighing on prices, Libya's OPEC governor said.

Libya’s War Rages but Eni Refuses to Step Out

Italian energy giant Eni SpA has emerged in recent weeks as the only international oil company still pumping near capacity in war-torn Libya, helped by protection from militias and tribes secured by its local partner ...

One of Libya’s Rival Governments Takes Controls of Oil Revenue

One of the two factions battling for control of Libya took steps on Sunday to divert incoming oil revenue away from the central bank and into its own new account, a steep escalation in the contest over the country’s ...

Oil Revenues to be Diverted from West to East Libya

Libya's internationally recognized government said it plans to open a bank account abroad to deposit oil revenues, hoping to divert proceeds from the industry away from the country's rival administration in Tripoli.

Page 30 of 35

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