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The eastern-based government of Libya may impose a force majeure on its oil fields and ports due to repeated attacks on the ...
Although China was getting only about 3% of its oil from Libya, the Asian giant's rapidly growing economy has given it a ravenous appetite for energy - including oil. China abstained from the ...
It could further steady the oil industry in Libya -- home to Africa’s largest reserves -- and reduce the chances that militias restart fighting or close down ports, fields and refineries again.
Libya's eastern government may declare force majeure on oil fields due to NOC assaults, disrupting the oil sector. The NOC in ...
CAIRO — 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.
CAIROCAIRO — Production at Libya’s largest oil field was suspended Sunday, the country’s state-run oil company said, after protesters forced the facility to close over fuel shortages.
Libya’s second-biggest oil field is in the process of shutting as protests disrupt supplies in the North African country. The Sharara deposit in the southwest of the country will gradually halt ...
CAIRO (AP) — Libya’s National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid ongoing tensions between ...