Libya Ports Poised to Ship Oil as Workers Back After Clashes
Libya’s major oil ports of Es Sider and Ras Lanuf are resuming operations and preparing to export crude after a two-week halt in shipments due to military clashes in the Continue Reading
Exclusive: Libya’s NOC says expects to regain Es Sider, Ras Lanuf oil ports
Libya’s National Oil Corporation (NOC) has been coordinating with military forces from eastern Libya and has “no reason to believe” it will not regain control of the Es Sider and Continue Reading
Russia Urges Calm After Libya Strongman It Backs Takes Oil Ports
Russia urged restraint after a powerful Libyan military commander that it supports regained control of key oil facilities taken by forces loyal to the United Nations-backed government. “We urge all Continue Reading
Oil production ongoing in Libya, OMV says
A spokesperson for Austrian energy company OMV said oil production in Libya is ongoing and the opportunity for gains is expected this year. Libya is one of the members of Continue Reading
Libya’s eastern parliament speaker says Russia offered aid
The speaker of the parliament based in the eastern part of Libya says Russia has promised military assistance. House of Representatives President Agila Saleh told Russia’s state RIA Novosti news Continue Reading
Libya Crude Oil Output Said to Fall 11% on Field, Port Closings
Libya’s crude output dropped 11 percent as clashes among rival armed groups over the last 10 days led to the closing of some of the OPEC nation’s biggest oil export Continue Reading
Libyan Oil May Be Slipping Out Of Putin’s Reach
Last Friday, news broke that the Benghazi Defense Brigades seized control of two major Libyan ports on the “Oil Crescent,” posing a real challenge to Khalifa Haftar and Russia’s grip Continue Reading
Tanker to Libya’s Biggest Oil Port Diverted to Avoid Conflict
An oil tanker that was scheduled to load crude at Libya’s Es Sider port changed its course to a different terminal in the west of the country as clashes in Continue Reading
Libya’s Waha Oil May Halt Production as Clashes Keep Ports Shut
Production from Waha Oil Co., a venture between Libya’s state oil company and foreign partners, may be suspended Wednesday as clashes in the country’s eastern oil region keep the main Continue Reading
Oil pulled higher by Libyan unrest
Oil prices moved higher early Tuesday morning as threats to Libyan security balanced against reports that U.S. oil production gains could slow momentum. NATO allies expressed concern that fighting in Continue Reading