Libya | Egypt Oil & Gas - Part 30

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 fact...

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. On Monday, a tanker will lift one million barrels of crude at...

Libyan State Oil Company to Send fuel to Opposing Region

The member of the Organization of Petroleum Exporting Countries has two governments, with the internationally recognized premier working out the east since losing control of Tripoli in August to a rival administration...

Libyan Jets Attack Oil Tanker off Sirte

Libyan jets have attacked an oil tanker off the coast near the city of Sirte that the Benghazi-based government said was carrying reinforcements and weapons for rebel fighters. “Our jets warned an unflagged ship off S...

Germany’s Wintershall Interested in Occidental’s Libyan Oil Assets

Germany’s Wintershall Holding GmbH has expressed an interest in buying stakes in Libyan oil-and-gas assets from Occidental Petroleum Corp., Libyan officials said, a rare move by a western company to increase its footh...

Eastern Libyan State Oil Firm Selects Boards for Two Subsidiaries

A state oil firm controlled by Libya’s internationally recognised government has appointed boards for two state-run oil subsidiaries, officials said on Monday. The move signals the determination of a new oil fir...

75,000 Barrels to Be Lifted from Libya’s Zueitina Port

A tanker has docked at the eastern Libyan port of Zueitina port to lift 750,000 barrels of crude, according to Reuters. The ship had begun loading from the port’s tanks, the official said, adding that crude flow...

Libya’s Hariga Oil Port To Export 7 Million Barrels of Crude in May

Libya’s Hariga oil port plans to export 7 million barrels of crude in May, the state port operator said on Monday. Exports in April were 5.6 million barrels of crude, the operator AGOCO said in a statement. The ...

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. The closure ...

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. Total SA became the first major European group to take an impairment in Li...

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