Libya’s Oil Revenues Decline to $1.3 B in Q1

• Thursday, 9th April 2020
• by Fatma Ahmed

The Central Bank of Libya announced that the total Libyan oil revenue recorded $1.3 billion in Q1 2020, Reuters reported. This decline in the revenue came as a result of the blockade imposed by the forces in Eastern L...

Eastern Libyan Forces Take Over El Sharara Oilfield

• Thursday, 7th February 2019
• by Editorial Team

The Eastern Libyan National Army (LNA), following Libyan Commander Khalifa Haftar, took over the closed Sharara oilfield on February 6, Reuters reported citing officials. The LNA group asked the National Oil Company (...

Libya’s Sharara Oilfield to Reopen after Protesters Leave

• Wednesday, 30th January 2019
• by Editorial Team

Libya’s Sharara Oilfield will not be reopened again, after being closed for a month, until the groups occupying the field leave, National Oil Company (NOC) head announced on January 29, Reuters reported. “The armed gr...

Libyan Es Sider Port Reopens After Closure

• Tuesday, 29th January 2019
• by Editorial Team

Libyan Es Sider Port has reopened again after being closed because of the bad weather that hit the country, an official at state oil firm NOC said on January 28, Reuters reported. There are some Libyan ports that were...

Libyan Oil Ports Closes Due to Bad Weather

• Sunday, 27th January 2019
• by Editorial Team

All eastern oil ports in Libya closed because of the bad weather hitting the country with no clear clue about its impact on oil production, a port engineer and shipping source said on January 24th, Zawya reported citi...

Libyan Sharara Oilfield May Lose 8,500 b/d

• Sunday, 6th January 2019
• by Editorial Team

Libyan largest oil field, the Sharara field, may lose around 8,500 barrels per day (b/d) of crude because of looting, Libya’s National Oil Company (NOC) said on January 3. NOC announced earlier in December that it is ...

Libyan Guards Captures a Town Near Oil Ports

• Tuesday, 31st May 2016
• by Egypt Oil & Gas

Libya’s Petroleum Facilities Guard (PFG), a force that controls oil terminals in eastern Libya, captured a town near the country’s biggest oil port of Es Sider after clashes with militants from the so called Islamic S...

Rival Libyan Factions Approves Unified Oil Structure

• Wednesday, 18th May 2016
• by Egypt Oil & Gas

Rival Libyan factions have reached an outline agreement to join forces and form a single oil authority operating throughout the country, Reuters reported. The news was announced by the Foreign Minister of the UN-backe...

Statoil defies Libya call to return

• Tuesday, 22nd March 2011
• by Egypt Oil & Gas

Statoil said it has no immediate plans to send workers to restart oil production in Libya, defying weekend calls by the Libyan oil head for foreign companies to return staff and resume drilling. Statoil, Norway’...