The Ministry of Petroleum and Mineral Resources invested EGP 1 trillion in the oil and gas production projects, including $32.6 billion for the operating projects, $12.7 billion for the projects under establishment an...
Libya’s Petroleum Facilities Guard (PFG), a 27,000 strong body tasked with protecting Libya’s oil facilities, has become the “biggest obstacle to raising money from the industry and a hindrance to forming a unified go...
Islamic State in Libya has destroyed oil storage tanks at Ras Lanuf port and threatens to attack other oil ports in the country mentioning Brega, Tobruk, Es Serir, Jallo, and Al-Kufra, The North Africa Post reported. ...
Rival Libyan troops have clashed over two of the country’s main oil terminals for a second day, leading to their closure. The Ras Lanuf and Sidra terminals were closed on Saturday after pro-government forces cla...