Analyst sees ‘rising threat’ to Libyan oil
Attacks on energy facilities on Libya’s coast indicate a “severe and rising threat” and raise prospects for further disruptions to oil supply, warns a risk analyst at JLT Specialty , Continue Reading
Libya Meets With Energy Companies to Bolster Recovery of Its Damaged Petroleum Sector
The head of Libya’s state-oil company on Wednesday said he is meeting with major oil companies such as BP BP 0.07 % PLC to try to jump-start the country’s potential Continue Reading
Can ISIS Actually Gain Power Over Libya’s Oil?
As it turns out, Syria was merely a springboard for a much larger ISIS plan—replenishing terrorist coffers by taking over oil assets in war-torn Libya. The terror group has largely Continue Reading
Libya Plans Oil Loading at Eastern Port for First Time Since 2014
Libya’s National Oil Co. is trying to load oil stored at the eastern Ras Lanuf port for the first time since 2014 , the country’s oil officials said Monday, as Continue Reading
Libya truck bombing kills at least 60 policemen, wounds 200
A massive truck bomb exploded near a police base in the western Libyan town of Zliten on Thursday, killing at least 60 policemen and wounding around 200 others, officials said. Continue Reading
Libya oil storage tanks ablaze after assault by IS
Shelling by so-called Islamic State (IS) on an oil terminal in Libya has started fires that have spread to giant storage tanks, officials say. The fires are reported to be Continue Reading
Islamic State Poses Growing Threat to Libya’s Oil Industry
The scope of Islamic State’s attacks on Libya’s eastern oil ports expanded on Wednesday, Libyan officials said, with at least five oil tanks set on fire amid fears the group Continue Reading
More guards killed in Islamic State attacks on Libya’s oil ports
Islamic State militants attacked checkpoints near the Libyan oil port of Es Sider for a second day on Tuesday and an oil storage tank in the port was set on Continue Reading
Libya Issues `Cry for Help’ as Islamic State Attacks Oil Tanks
Libya’s National Oil Corp. issued a “cry for help” as Islamic State militants attacked a second oil tank in the region of Es Sider, the country’s biggest oil port which Continue Reading
Libya Oil Guards Clash With Islamic State Near Biggest Terminal
Libya’s Petroleum Facilities Guard clashed with militants of the Islamic State near Es Sider, the country’s biggest oil port which has been closed for more than a year, according to Continue Reading