The long-serving head of Libya’s state-run oil company will remain in his post, Prime Minister Abdul Hamid Dbeibah said in a decree, looking to end a feud between two key oil officials and bolster the stability of the OPEC nation’s financial lifeline. Dbeibah’s Sept. 14 decree, which was seen by Bloomberg, effectively nullifies an earlier decision by the oil minister, who sought to suspend the National Oil Corp. ’s chairman, Mustafa Sanalla. Oil Minister Mohamed Oun’s August decision had been predicated on a claim that Sanalla had traveled abroad without approval — a “violation” of ministry policy. But the move had been widely read as another example of Libya’s convoluted politics and a tussle between vying institutions that risked causing a slump in the OPEC member’s crude production. Sanalla, who’s held his post since 2014, has sought to keep the NOC out of the political fray that emerged amid […]