Tobruk | Egypt Oil & Gas

East Libya to Punish Oil Firms Backing Rival Government

Libya's internationally recognised government plans to boost oil production five-fold and will punish companies working with a rival cabinet striving to control the divided North African nation's crude deposits.

East Libya Government Threatens to Stop Oil Shipments

The East Libyan government has announced it may prevent oil shipments if the deals are negotiated through Tripoli, Bloomberg

East Libya Government to Hold Conference in Dubai for Oil Agreements

The internationally-recognized East Libyan government has announced that it will be hosting a conference in Dubai to sign new leases and production agreements, Reuters reported.

Eastern Libya Government Appoints New Oil Minister, Plans to Open Ports

The Libyan government in Tripoli recently announced the appointment of a new head for the National Oil Company (NOC), reported Bloomberg.

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