Libya’s state-owned National Oil Corp. said Oct. 26 it lifted force majeure on the 70,000 b/d El Feel, or Elephant, oil field as the OPEC producer seeks to almost double output to over 1 million b/d within four weeks following the signing of a UN-mediated permanent truce deal between two warring factions in the country. Receive daily email alerts, subscriber notes & personalize your experience. Register Now This is the last force majeure to be lifted, heralding the end of closures at all oil fields and ports, NOC said in a statement. Production at El Feel will return to “normal levels” in the coming days, it added. Libya’s crude oil production is expected to almost double, NOC said Oct. 23, after the UN said in a statement the […]