Libya’s output recovery obscures the fragility of its outlook, against a backdrop of political uncertainty and a worsening security situation. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Libya’s Sharara oilfield remains closed, state oil firm NOC said on Thursday, resisting pressure from some officials to quickly pay off protesters which shut it down. On Wednesday, Libya’s internationally Continue Reading
The U.S. State Department has issued a statement urging the Libyan authorities and the militants who put a blockade on the country’s biggest oil field to resolve their differences so Continue Reading
After a week’s blockade by a militant group, Libya’s largest oil field, Sharara, has been shuttered by a force majeure declaration by the National Oil Corporation. Reuters cited a statement Continue Reading
Libya’s National Oil Company NOC has once again shocked the oil market by officially declaring force majeure on its operations at the El Sharara oilfield, the largest oilfield in the Continue Reading
Libya’s National Oil Company (NOC) has declared force majeure on operations at El Sharara oilfield, it said late on Monday, a week after the company declared force majeure on the Continue Reading
Libya’s state-owned National Oil Corp. (NOC) said it was against paying a ransom to an armed group that has halted crude production at the country’s largest oilfield. “Any attempt to Continue Reading
Libya’s National Oil Corporation said it would not pay a “ransom” to have the armed militiamen that shut down the field last week lift their blockade, the company’s chairman said Continue Reading
Libya An armed group has seized one of Libya’s largest oilfields in the country’s southwest, the state-owned National Oil Corporation said Monday. The seizure of Sharara oilfield prompted the company Continue Reading
Libya’s National Oil Company (NOC) on Monday declared force majeure on exports from the El Sharara oilfield, which was seized at the weekend by a local militia group. NOC said Continue Reading
