Libya | Egypt Oil & Gas - Part 32

Libyan Violence Threatens Presence of International Oil Companies

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 ...

Libya Risks Facing Bankruptcy as Oil Prices fall

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 ...

Gunmen Attack Libyan Oil Field and Kill Four

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.

Libya’s Kidnapped OPEC Envoy Freed

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.

Rival Minister: Libya Producing 363,000 b/d of Oil

The United Nations and Western powers do not recognize the administration which controls ministries in Tripoli.

Libya Increases Production to 300,000-500,000 B/D

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.

Clashes Continue at Libyan Oil Ports

Rival Libyan troops have clashed over two of the country's main oil terminals for a second day, leading to their closure.

Libyan Air Force Bomb Greek Oil Tanker

Libyan air force jets have bombed a Greek-operated oil tanker chartered by Libya's national oil company, killing two crew members.

Total Says Output in Libya Hardly Fell Due to Unrest

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 ...

BP Rethinking Libya Operations After Algeria Crisis

BP is reconsidering its operations in Libya after the terrorist attack on its gas facilities in Algeria and as industry concerns over security in Libya grow.

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