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 threatens a force majeure on oil fields due to alleged assaults on the National Oil Corporation. Contemplating moving NOC's headquarters to Eastern-controlled cities, the ...