East Libya to Punish Oil Firms Backing Rival Government

• Tuesday, 22nd September 2015
• by Egypt Oil & Gas

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 dep...

East Libya Government Threatens to Stop Oil Shipments

• Wednesday, 16th September 2015
• by Egypt Oil & Gas

The East Libyan government has announced it may prevent oil shipments if the deals are negotiated through Tripoli, Bloomberg reported. Libya has been divided into two rival governments for more than a year after the I...

East Libya Government to Hold Conference in Dubai for Oil Agreements

• Monday, 24th August 2015
• by Egypt Oil & Gas

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. Libya has been split between two govern...

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

• Wednesday, 5th August 2015
• by Egypt Oil & Gas

The Libyan government in Tripoli recently announced the appointment of a new head for the National Oil Company (NOC), reported Bloomberg. Nagi Elmagrabi was chosen as the replacement for Al-Mabrook Abu Seif, the forme...