OMV Launched Crude Production in Libya

• Sunday, 5th February 2017
• by Editorial Team

OMV has successfully started up crude production in both the Sirte and Sharara oil fields in Libya, Post reported. The Sharara fields are located in the Murzuq basin. In Q4 of 2016 OMV’s production from Libya amounted...

France Warns IS Threatening Libya’s Oil Fields

• Tuesday, 15th December 2015
• by Egypt Oil & Gas

French Ministry of Defense warned that IS forces were moving inland from their coastal strongholds into Libya’s oil wells areas aiming to overtake the oil fields, while ruling out a military intervention, RT reported....

Islamic State Approaches Libya’s Oil Ports as UN Seeks Accord

• Thursday, 11th June 2015
• by Egypt Oil & Gas

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...