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Rising political instability, including the recent assassination of a militia leader, threatens new oil blockades and ...
Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy Minister Alparslan Bayraktar said. Turkey is in talks to look for oil and ...
Libya has launched its first bidding round for oil exploration in more than 17 years, aiming to bolster its position in the global oil market and achieve a production target of two million barrels ...
A little-known firm linked to forces that control eastern Libya has ended state-owned National Oil Corporation’s (NOC) monopoly on oil exports for the first time in over five decades, according to a ...
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.
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 ...
Both companies exited Libya in 2011 due to the country’s political instability, and authorities in Tripoli are striving to rebuild the country’s oil and gas sector. “Once it gets started for ...
Libya's state oil company said there has been no disruption to crude output following a storm that unleashed deadly flooding. Image by batuhanozdel via iStock Libya’s state oil company said ...
BENGHAZI, Libya, June 24 (Reuters) - Authorities based in eastern Libya on Saturday threatened to blockade oil exports over the Tripoli government's use of energy revenue, accusing it of wasting ...
Ousting of NOC chairman Sanalla may not lead to more stability in Libyan oil exports. Libya produced around 650,000 bpd of crude in June. Ongoing disagreement about a fair distribution of the ...
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here.
BEIRUT — Libya’s oil production has almost completely halted because of a political stalemate, officials told media, during a time of heightened global concerns over the supply of crude.