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
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
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
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
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
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
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
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
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
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