The violence roiling Libya has increasingly targeted oil companies and their assets, upending long-term investments by Western companies and driving down production in a country that helped trigger the world-wide rou ...
Rome: The United States and five of its European allies on Saturday warned that Libya could face bankruptcy if its oil output and prices on international markets continue to fall.
financial assets if the situation d ...
An attack on a central Libyan oil field has left four people dead and appeared to be the work of radical Islamist fighters targeting Western interests, Libyan officials said Wednesday.
A senior oil official who represents Libya in the OPEC cartel has been freed after being kidnapped last month in Tripoli, National Oil Company sources said Monday.
The see-saw story of Libya oil production since the revolution has taken another turn with the report from Mabrook Buseif that it is now up, at between 300,000 and 500,000 b/d.
Unrest and conflict in Libya had limited impact on French oil major Total's output in the country, the company's chief executive told reporters on Friday, adding that he expected production to resume shortly in the c ...