News

Libya's eastern-based government said on Wednesday it may announce a force majeure on oil fields and ports citing "repeated ...
Presidential spokesman Ignacio Bunye yesterday insisted that there is no deal between the Philippines and Libya on a planned palm oil plantation in Mindanao, but added that the plantation is a ...
Big Oil’s bets on a production rebound ignore the geopolitical and security risks that now threaten every barrel.
Russia's interest in Libya's oil The country's oil reserves are estimated at 48 billion barrels, attracting interest from energy giants such as Repsol, ENI, BP, and OMV.After years of sanctions ...
Libya’s latest upstream licensing round has already attracted more than 40 applicants, a signal of the country’s re-entry ...
Dispute over central bank leads to shutdowns Oil Crescent ports' exports halted About 700,000 bpd offline on Thursday Libya pumped 1.18 million bpd in July Consulting firm sees disruption lasting ...
CAIRO (AP) — Libya’s state-run oil company said Thursday it was restarting full oil production, almost two months after shutting down operations in two of its major fields amid a political crisis.
The second-largest oil refinery in Libya has suspended operations after gunfighting caused fires in storage units. Armed clashes are common in the western area where the refinery is situated.
Libya suspended oil exports from five eastern ports, while the country’s output dipped further amid an escalating stalemate over who controls the central bank. The eastern-based government ...
CAIRO, March 3 (Reuters) - Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the National Oil Corporation (NOC), announced in a ...
Global oil prices climbed above $92 a barrel on Tuesday for the first time in nearly 10 months as the energy market braces for supply disruptions caused by catastrophic flooding in Libya.