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Category: Libya

Category:
  • Libya

Libyan Oil Deadlocked As Clashes Force PM-Designate Out of Tripoli

Libyan prime minister-designate Fathi Bashagha was forced out of the capital Tripoli on Tuesday by armed militias backed by current interim Prime Minister Adbdul Hamid Dbeibah, who refuses to step Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya Eyes Offshore Oil Expansion Amid Onshore Force Majeure

Libya is planning to push a key offshore oil and gas project led by Italian Eni and Libya’s National Oil Company (NOC) in a move that could shift some oil Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya To Open All Ports When Oil Revenue Dispute Is Resolved

Libya expects to open all its oil loading terminals after it sets up a mechanism for a fair distribution of the country’s oil revenues among the regions, Parliament Speaker Aqila Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s Zueitina Port Receives First Oil Tanker After Lifting Force Majeure

Libya’s Zueitina port has received its first oil tanker after temporarily lifting force majeure last week to free up storage space. While Libya’s National Oil Company (NOC) did not issue Continue Reading

Posted On : 6 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s NOC appeals for re-opening Zueitina oil terminal due to lack of storage, leakage

Zeuitina was shuttered in mid-April by protestors Libya has declared force majeure on Zeuitina exports It has lost over 500,000 b/d from field, oil terminal shut-ins Libya’s state-owned National Oil Continue Reading

Posted On : 1 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya May Reach Full Oil Production Within Days

Libya’s Oil Minister Oun: Libya could resume full production within days. Libya’s NOC declared a force majeure on 550,000 bpd of its production last week. Libya’s oilfields, under force majeure, Continue Reading

Posted On : 26 Apr 2022 Published By : Tom Whipple
Category:
  • Libya

Libya calls force majeure on exports from Brega port as oil disruption continues

Brega’s closure follows that of Zueitina on April 18 Libya’s largest field Sharara is also shut-in Around 400,000 b/d output is lost due to closures Libya has called force majeure Continue Reading

Posted On : 20 Apr 2022 Published By : Tom Whipple
Category:
  • Asia
  • Libya

Asia more concerned about oil price fallout from Libyan woes than cargo flows

Asia forecast to need 1.2 million b/d additional crude in 2022 Dependence of leading Asian oil buyers on Libyan crude flows relatively small Thailand one of the most prominent buyers Continue Reading

Posted On : 19 Apr 2022 Published By : Tom Whipple
Category:
  • Libya

Libya halts operations at El Feel oilfield, Zueitina port due to protests

Libya halted oil production from its El Feel oilfield on Sunday and two sources at Zueitina oil port said exports there had been suspended after protesters calling for Tripoli-based Prime Continue Reading

Posted On : 18 Apr 2022 Published By : Tom Whipple
Category:
  • Libya

Rival Libya leader sets sights on Tripoli to replace administration

The leader of a new Libyan government has vowed to relocate from the country’s east to Tripoli within “days” to replace a rival administration, despite concerns that such a move Continue Reading

Posted On : 14 Mar 2022 Published By : Tom Whipple
Category:
  • Libya

Libyan Oil Under Threat As Militias Amass In Tripoli

With all attention on the war in Ukraine, Libyan oil is once again coming under threat as the prospect of a renewed civil war intensifies amid the amassing of militia Continue Reading

Posted On : 12 Mar 2022 Published By : Tom Whipple
Category:
  • Libya

Libya Works To Lift Force Majeure At Key Oilfields

Libya’s largest oilfields could see a resumption of production after what the Libyan National Oil Company (NOC) called the “illicit” closure of crude pumping valves late last week, with engineers Continue Reading

Posted On : 8 Mar 2022 Published By : Tom Whipple
Category:
  • Libya

Oil Supply From Libya’s Largest Oilfield Suspended

Crude oil production from Libya’s largest oilfield, El Sharara, has been suspended after the Hamada valve was closed by an unknown person or persons. More than a quarter of Libya’s Continue Reading

Posted On : 4 Mar 2022 Published By : Tom Whipple
Category:
  • Libya

Weather-related port closures, Sharara pipeline shutdown impair Libyan oil supply

Armed group closes pipeline valve connecting Sharara field Brega, Es Sider, Ras Lanuf, Zawiya, Zueitina ports closed Lack of storage could force NOC to cut oil output Libya’s crude production Continue Reading

Posted On : 4 Mar 2022 Published By : Tom Whipple
Category:
  • Libya

How Realistic Are Libya’s 2022 Oil Production Goals?

Libya’s oil production hovers around 1 million bpd after recent blockade got lifted Libya’s production goal for end-2022 is 1,45 million bpd, and 1,6 million bpd for end-2023 Political instability, Continue Reading

Posted On : 21 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Libyan oil output rebounds but disruption risks remain very high

Highlights Sources warn that an LNA-led oil blockade could be imminent Delayed payments from GNU to eastern PFG raise stakes Libyan production back to near 1.2 million b/d after almost Continue Reading

Posted On : 18 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s Crude Exports Slump As Bad Weather Shuts Four Oil Ports

Just as Libya partially recovered its oil production, bad weather forced the closure of four oil export terminals in the east—a sign that Libya’s crude exports in January will be Continue Reading

Posted On : 11 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Libyan Oil-Export Woes Deepen as Weather Takes Out More Ports

Libya’s oil exports, already sharply curtailed following a blockade by paramilitaries in the west, are set to fall further after bad weather closed ports in the east. The Es Sider, Continue Reading

Posted On : 10 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Libyan oil output recovers to around 900,000 b/d, western blockade still in place

Highlights NOC completes pipeline maintenance linking Waha oil fields Around 300,000 b/d of output still shut-in from PFG-led blockade Libya remains a top oil market risk for 2022: Platts Analytics Continue Reading

Posted On : 10 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Libyan crude production near 14-month lows as election doubts grow

Waha line maintenance, western blockade cuts output by almost 500,000 b/d Elections unlikely to happen soon as uncertainty between west and east persists Libya identified as top oil market risk Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s Oil Production Crashes Down To 780,000 Bpd

Maintenance work on a pipeline shut down 200,000 bpd output this week On December 20, Libya declared force majeure on its oil exports after crude oil production had been shut Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • Libya
  • Prices

Oil Climbs as Libyan Output Falls Ahead of OPEC+ Supply Meeting

Oil rose as Libyan supply tightened ahead of an OPEC+ meeting on Tuesday to discuss production policy for February. Futures in New York advanced toward $76 a barrel in Asian Continue Reading

Posted On : 3 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Libya Shuts Down Another 200,000 Barrels a Day of Oil Production

Libya expects its oil production to drop by another 200,000 barrels a day over the next week as workers try to fix a damaged pipeline. The latest outage comes less Continue Reading

Posted On : 3 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Qaddafi’s Son Won’t Rule in Libya, Aide to ‘Putin’s Chef’ Says

Efforts to win power in Libya by Saif al-Islam Qaddafi, the son of the country’s late ousted dictator Moammar Qaddafi, won’t succeed, according to the man who’s been at the Continue Reading

Posted On : 1 Jan 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s Election Chaos Threatens Oil Production And Exports

Libya’s oil production and exports are threatened again as the presidential election slated for December 24 will likely be postponed. Armed groups descended in the capital Tripoli on Tuesday amid Continue Reading

Posted On : 23 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

Libya parliament says ‘impossible’ to hold presidential vote

A Libyan parliamentary committee said Wednesday that it has become “impossible” to hold a long-awaited presidential election in two days as scheduled, in a major blow to international efforts to Continue Reading

Posted On : 22 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

Libya Declares Force Majeure On Crude Oil Exports

Libya has declared a force majeure on oil exports, even as oil prices worldwide are crashing. Libya’s National Oil Company (NOC) has said that crude oil production has been shut Continue Reading

Posted On : 21 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

Libya’s Sharara, Hamada oil fields and Zawiya terminal shut due to PFG blockade

Highlights Armed unit within PFG closes key fields and terminal Analysts expect Dec 24 elections to be delayed Output likely to be volatile in coming weeks Libya’s key southwestern oil Continue Reading

Posted On : 21 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

Libya Mulls Bonuses for Oil Firms in Bid to Boost Output

Libya may introduce contracts with private oil companies that would give bonuses to those that meet targets and penalize those that don’t, as the OPEC member tries to raise output Continue Reading

Posted On : 20 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

Is Libya On The Brink Of Another Civil War?

Geopolitics, Politics & Conflict In Libya, where elections are supposed to be held on December 24th, there has been a delay in approving the official candidate list, which could mean Continue Reading

Posted On : 18 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

Libyan presidential election: Bids by Hifter and Gaddafi raise prospect of turmoil

Ten years ago, Khaled Mami cheered the fall of Moammar Gaddafi’s regime, hoping it would usher in a new period of prosperity. Instead, Libya was consumed by civil strife. By Continue Reading

Posted On : 2 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

Can Libya Become A Global Oil And Gas Power Once Again?

The decision last week by Libya’s Government of National Unity to approve the sale of Hess Corporation’s stake in the Waha oil concessions could reignite Libya’s oil boom While there Continue Reading

Posted On : 1 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

EXCLUSIVE Shell eyes return to Libya with oil, gas, solar investments

 Royal Dutch Shell (RDSa.L) is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, two sources Continue Reading

Posted On : 1 Dec 2021 Published By : Tom Whipple
Category:
  • Libya

Libya’s Presidential Candidates Could Cause A Civil War

Gaddafi’s son. General Haftar. Libya’s former interior minister Fathi Bashagha. Former Prime Minister Ali Zeidan. Prime Minister Abdulhamid al-Dbeibah. Parliament speaker Aguila Saleh. These are the official candidates for Libya’s Continue Reading

Posted On : 20 Nov 2021 Published By : Tom Whipple
Category:
  • Libya

World Leaders in Paris Lend Support to Libya Ahead of Key Vote

World powers gathered in Paris to discuss ways to stabilize Libya stressed the importance of next month’s pivotal presidential election and threatened sanctions against anyone who tries to undermine the Continue Reading

Posted On : 13 Nov 2021 Published By : Tom Whipple
Category:
  • Libya

World Leaders Pressure Libya to Hold Elections on Time

Vice President Kamala Harris and other world leaders are gathering in Paris on Friday to make a diplomatic push in support of coming elections in Libya that could make or Continue Reading

Posted On : 12 Nov 2021 Published By : Tom Whipple
Category:
  • Libya

A Glimmer Of Hope For Libya’s Long-Suffering Oil Industry

Libya’s civil war may have come to an end, but plenty of uncertainty remains ahead of elections set to be held next month The country’s oil industry has suffered from Continue Reading

Posted On : 5 Nov 2021 Published By : Tom Whipple
Category:
  • Libya

Pipeline Leak Disrupts Libya’s Oil Exports

Libya’s Es Sider pipeline has a major leak that will require a 7- 10-day shutdown for maintenance The news comes on the back of Tuesday’s report on skirmishes by armed Continue Reading

Posted On : 28 Oct 2021 Published By : Tom Whipple
Category:
  • Libya

Libya’s Es Sider oil output plunges 72% as pipeline leakage leads to closure

Highlights Waha Oil Co. currently pumping 77,000 b/d of Es Sider crude Output to decline for 10 days due to pipline closure National Oil Corp. needs funding to repair oil Continue Reading

Posted On : 28 Oct 2021 Published By : Tom Whipple
Category:
  • Libya

Libya Enjoys Windfall From Oil Price Rally

Libya’s National Oil Corporation has reported monthly revenues of $1.796 billion for September from oil and related product sales. The amount is a record for the company, the result of Continue Reading

Posted On : 22 Oct 2021 Published By : Tom Whipple
Category:
  • Libya

Libya’s oil minister suspends NOC chairman again, in escalating political row

Highlights Sanalla still working despite suspension, sources say Minister Oun says Sanalla under investigation for trips Ministry, NOC battling to control Libya’s energy policy Libyan oil minister Mohamed Oun has Continue Reading

Posted On : 21 Oct 2021 Published By : Tom Whipple
Category:
  • Libya

Libya’s Election Is All About Oil Money

Libya’s election problem is still all about oil money. The fear among those who could lose power in Libya as a result of elections planned for December 24th is now Continue Reading

Posted On : 16 Oct 2021 Published By : Tom Whipple
Category:
  • Libya

Libya’s NOC says improved security leads to resumption of Tatneft’s exploration drilling

Highlights Russia’s Tatneft had suspended work several times Sanalla calls on other IOCs to boost activities in Libya Libyan crude output about 35% below peak levels Russia’s Tatneft has resumed Continue Reading

Posted On : 16 Oct 2021 Published By : Tom Whipple
Category:
  • Libya

Libya’s Oil Sector Descends Into Chaos As Deputy-Minister Resigns

The resignation of Libya’s deputy oil minister, Refaat al-Abbar, last week threatens to make the current uneasy situation in Libya’s oil sector even worse. As it stands, Libya is currently Continue Reading

Posted On : 5 Oct 2021 Published By : Tom Whipple
Category:
  • Libya

Libya Looks To Attract U.S. Oil Companies

Libya is looking for U.S. oil companies to return to the oil-rich nation, according to Bloomberg. Libya’s oil minister Mohamed Aoun has said that he hopes U.S. companies will return Continue Reading

Posted On : 4 Oct 2021 Published By : Tom Whipple
Category:
  • Libya

Libya’s No.1 Oil Man Sanalla Returns To Post After Suspension

Libya’s Prime Minister has revoked a decision by the oil ministry to remove the chairman of the National Oil Corporation, Mustafa Sanalla, from his post. The Libyan oil ministry suspended Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • Libya

Libya National Oil Co. Opens London Office to Help Raise Output

Libya’s state-run oil firm has opened an office in London, with the aim of boosting the OPEC nation’s production capacity. Murzuq Oil Services Ltd. will act as the oversees arm Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • Libya

Libya NOC Boss Sanalla Gets New Backing from Premier

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 Continue Reading

Posted On : 20 Sep 2021 Published By : Tom Whipple
Category:
  • Libya

Schlumberger Meets with Libya NOC

Libya’s National Oil Corporation has revealed that the chairman of its board of directors recently held a meeting with the general manager of Schlumberger Libya. Libya’s National Oil Corporation (NOC) Continue Reading

Posted On : 18 Sep 2021 Published By : Tom Whipple
Category:
  • Libya

Libya Oil Exports Return To Normal Following Major Protests

Crude export operations have returned to normal at two major Libyan oil ports after days of protests and sit-ins that had disrupted loadings, the National Oil Corporation (NOC) said on Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple

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