Libya’s crude-oil production has more than tripled in the past six months, imposing an obstacle to the Organization of the Petroleum Exporting Countries’ plans to raise petroleum prices by collectively Continue Reading
Libya is about to re-open the last major oil terminal that has been shut due to factions fighting in a move that would allow it to further increase oil exports, Continue Reading
Libya is re-opening its last major oil-export terminal that shut amid the conflict hobbling output in the country with Africa’s largest crude reserves. The Zawiya terminal is preparing to resume Continue Reading
Libya, the holder of Africa’s biggest crude reserves, is ramping up output from its biggest oil field again after two years of internal conflict, the latest reminder of just how Continue Reading
Operations at the major Libyan oilfield of Sharara were gradually resuming on Wednesday after the lifting of a two-year blockade on a pipeline leading from the field, a senior official Continue Reading
Libya’s National Oil Company said Tuesday long shuttered pipelines had reopened in the country’s west that could supply 270,000 barrels a day of crude oil in the next three months—almost Continue Reading
Libya reopened two of its biggest oil fields and is set to load its first crude cargo in two years from its largest export terminal as the war-torn country pursues Continue Reading
In the wake of recent developments, Libya’s National Oil Corporation now has full control over all its oilfields and export terminals. After the recapture of the Eastern region export terminals Continue Reading
Oil extended gains above $52 a barrel as a planned production boost from Libya stalled amid continuing tension in the OPEC member that’s exempt from output cuts. Futures climbed as Continue Reading
An oil tanker docked at the east Libyan port of Es Sider on Monday to load the first cargo of crude since the terminal reopened following a two-year closure, port Continue Reading
