Libya Blames Low Oil Prices For Tanking Revenue
Libya’s oil revenues fell by 19 percent from October to stand at US$1.8 billion in November 2019, the country’s National Oil Corporation (NOC) said , attributing the decline to the Continue Reading
Turkish support for Tripoli could ‘rebalance forces’ in Libya
The planned arrival of Turkish military advisers in Libya should bolster the internationally recognized government, but may not be enough to turn the tide of a conflict in which eastern-based Continue Reading
Libyan commander Haftar’s forces say they have taken Sirte
Libyan forces loyal to eastern-based commander Khalifa Haftar said on Monday they had taken control of the strategic coastal city of Sirte in a rapid advance preceded by airstrikes. Holding Continue Reading
U.N. Libya envoy blames deadly military academy strike on Haftar ally
The United Nations Libya envoy said on Monday that a country supporting commander Khalifa Haftar’s self-styled Libyan National Army (LNA) was likely responsible for a deadly drone attack on a Continue Reading
Libya conflict: Rebel forces ‘seize strategic city Sirte’
The self-styled Libyan National Army is fighting an insurgency against the UN-backed Government of National Accord Rebel forces in Libya say they have taken control of the coastal city of Continue Reading
Libya conflict: Turkey sends troops to shore up UN-backed government
Turkish President Recep Tayyip Erdogan has said troops have begun moving into Libya after parliament approved the move last week. He said their mission was to ensure stability for the UN-backed Government Continue Reading
At least 30 killed in Libya military academy attack
At least 30 people were killed and 33 others wounded in an attack on a military academy in the Libyan capital late on Saturday, the health ministry of the Tripoli-based Continue Reading
Turkey Lays Legal Ground for Deploying Troops to Libya
Turkey’s parliament has authorized the government to dispatch troops to Libya, highlighting Ankara’s increasingly assertive policy in the Mediterranean region. A resolution approved during an emergency parliamentary session on Thursday gives Continue Reading
Trump warns about Libya meddling after Turkey votes to send troops
Donald Trump warned his Turkish counterpart that “foreign interference is complicating the situation in Libya”, after Ankara voted to send troops to the oil-rich North African state. Mr Trump spoke to Continue Reading
Algeria appoints new government amid worst political crisis in decades
Algeria has appointed a new government, state television said on Thursday, as the country faces its biggest political crisis in decades and a raft of economic problems caused by falling Continue Reading
Feature: Libya’s oil output aims threatened by political strife
The fortunes of Libya’s oil industry hinge on how the battle for Tripoli ends as the protracted conflict between the Libyan National Army and the UN-backed Government of National Accord Continue Reading
ExxonMobil expands upstream footprint in Egypt with two offshore blocks
Oil company ExxonMobil has expanded its upstream acreage in Egypt after it acquired two offshore blocks, boosting its footprint in the gas-rich Eastern Mediterranean basin. Receive daily email alerts, subscriber Continue Reading
Libya’s Zawiya refinery targeted by air strikes
Highlights Storage warehouse hit by Libyan National Army Oil facilities in western Libya at risk from escalation London — Libya’s oil infrastructure has once again found itself in the crosshairs Continue Reading
Turkey to send troops to Libya at Tripoli’s request: Erdogan
Turkey will send troops to Libya at the request of Tripoli as soon as next month, President Tayyip Erdogan said on Thursday, putting the North African country’s conflict at the Continue Reading
Turkey to send troops to Libya in support of Tripoli government
Turkey said it would send troops to Libya after Tripoli’s UN-backed government requested greater military support in its battle against a rival administration, in a move that risks escalating tensions Continue Reading
Russia and Italy call for peaceful solution to Libya crisis
Russian President Vladimir Putin and Italian Prime Minister Giuseppe Conte agreed on Thursday that the situation in Libya must be resolved in a peaceful way, the Kremlin said. In a Continue Reading
Erdogan says Turkey will send troops to Libya
President Tayyip Erdogan said on Thursday that Turkey will send troops to Libya now that Tripoli has requested it, and he will present legislation to parliament in January for deployment Continue Reading
Putin Makes A Move In Libya’s Oil Crescent
Whenever a major oil-producing region is engulfed in prolonged warfare, speculation starts to abound regarding all the potential changes to its oil and gas policy and the companies willing to Continue Reading
Eastern Libyan force warns against transporting military equipment in civilian planes
The eastern-based Libyan National Army force said on Sunday it had monitored a Boeing 747-412 that had flown from Istanbul to Libya carrying military equipment. LNA spokesman Ahmed Mismari warned Continue Reading
Erdogan says Turkey will increase military support to Libya if necessary
Turkey will increase its military support to the internationally recognized government of Libya if necessary and will evaluate ground, air and marine options, President Tayyip Erdogan said on Sunday, after Continue Reading
The War For Ultimate Control Over Libya’s Oil
Libya’s General Haftar is closing in on Tripoli, which in turn is prompting a sudden uptick in Turkish activity on behalf of the Tripoli-based government, and this next phase of Continue Reading
Solar Energy Could Solve Morocco’s Largest Energy Problem
In mid-October government officials inaugurated the village of Id Mjahdi, located near the western city of Essaouira. The first of its kind in Africa, the village, which is capable of Continue Reading
Israel approves final permits to allow first gas exports to Egypt
Gas supplies by pipeline from Israel to Egypt are on course to begin by the end of 2019 after Israeli energy minister Yuval Steinitz on Monday signed the final permits Continue Reading
Libya’s key oil terminals reopen; output impact of closure only minor: sources
Libya reopened five of its oil terminals Monday after a day-long closure due to bad weather, sources said Monday, adding that the loadings halt only resulted in a minor loss Continue Reading
The Decisive Battle For Libya’s Oil Has Begun
General Khalifa Haftar has announced “the decisive battle and the advance on the heart of Tripoli,” after eight months of trying to take over the seat of the UN-recognized Government Continue Reading
Russian Oil Major Returns To Libya After 5 Year Hiatus
The National Oil Corporation of Libya has announced that Russia’s Tatneft has returned to its exploration project in the North African country, in the Northwest. “We are very pleased with Continue Reading
Erdogan: Turkey and Libya can conduct joint explorations in eastern Med
Turkey and Libya can carry out joint exploration operations in the eastern Mediterranean after the two sides signed a deal on maritime boundaries, Turkish President Tayyip Erdogan said on Monday Continue Reading
Libya Declares Force Majeure On Loadings From El-Feel Oilfield
Libya’s volatile production and exports may inadvertently help OPEC and its allies in supply restrictions these days, after the Libyan National Oil Corporation (NOC) has declared force majeure on crude Continue Reading
Libya’s Mellitah crude exports on force majeure on El Feel closure: NOC
Crude loadings from Libya’s Mellitah port are under force majeure due to the closure of the El Feel oil field, a spokesman at state-owned National Oil Corporation said Monday. The Continue Reading
Exclusive: U.S. says drone shot down by Russian air defenses near Libyan capital
The U.S. military believes that an unarmed American drone reported lost near Libya’s capital last month was in fact shot down by Russian air defenses and it is demanding the Continue Reading
Libyan Oilfield Is Offline Again
For the second time in two weeks, Libya’s El Feel oilfield has been shut down, due to an unlawful closure of a valve on an oil export pipeline, Libya’s National Continue Reading
East Libyan forces blamed for deadly air strikes in Tripoli, south
Libya’s internationally recognized government on Monday blamed rival, eastern-based forces for airstrikes in the capital and the southern desert which it said had caused civilian casualties, most of them women Continue Reading
After Libya arms embargo breaches, U.N. Security Council warns countries to stop
The United Nations Security Council called on all countries on Monday to implement an arms embargo on Libya and to stay out of the conflict after U.N. sanctions monitors accused Continue Reading
The Battle For Libya’s Oil Is Heating Up
The past two days have seen forces loyal to Libya’s Government of National Accord (GNA) seize and then lose a key oilfield in the south, suggesting that General Khalifa Haftar’s Continue Reading
This OPEC Member Is Desperate For More Foreign Investment
Algeria is amending its energy law in a bid to attract foreign investment into its oil and gas industry, months after international majors suspended talks about new projects amid mass Continue Reading
NOC confirms resumption of output at Libyan El Feel oil field
Oil production at Libya’s El Feel field in the southwest of the country restarted Thursday after clashes and air strikes between rival powers had shut down the key facility, state-owned Continue Reading
Eastern Libyan forces regain control of El Feel oilfield: LNA
Eastern Libyan forces said on Wednesday they had driven armed groups from Libya’s 70,000-barrel-per-day (bpd) El Feel Oil Field, where production was halted after a rival group took control of Continue Reading
Airstrikes Disrupt Production At Libyan Oilfield
Airstrikes have once again disrupted production of Libya’s El Feel oilfield on Wednesday, after the eastern-based Libyan National Army, led by Khalifa Haftar, retaliated after forces loyal to the UN-backed Continue Reading
Washington’s Libya Pivot Could Be A Game-Changer
Starting last April President Trump caught many in his own administration off guard when he unexpectedly thanked renegade General Khalifa Haftar for “securing Libya’s oil resources” at a moment the Continue Reading
Libya’s civil war creates opening for ISIS return as counterterrorism effort falters
Eight suspected Islamic State members were captured in this scarred city in recent weeks, Libyan commanders say. Militant sleeper cells, they say, lurk in some neighborhoods. Other militants have set Continue Reading
Libya’s NOC sets sights on 1.5 mil b/d oil output target in 2020
Libya’s main oil chief has set his sights on boosting oil production to 1.50 million b/d in 2020 from current levels of 1.25 million b/d, as the country’s oil production Continue Reading
Shell’s Big Strategy Shift In Egypt
Oil supermajor Royal Dutch Shell has appointed investment bank Citi to run the $1 billion (£781.5m) sale of its oil and gas assets in Egypt’s Western Desert. Sources told Reuters Continue Reading
Russia Dominated Syria’s War. Now It’s Sending Mercenaries to Libya.
The casualties at the Aziziya field hospital south of Tripoli used to arrive with gaping wounds and shattered limbs, victims of the haphazard artillery fire that has defined battles among Continue Reading
Arrival of Russian mercenaries adds deadlier firepower, modern tactics to Libya’s civil war
At first, the fighters inside the empty school building, about 20 burly, heavily armed Russian mercenaries in dark fatigues, seemed trapped, recalled some of the Libyan militiamen who were there. Continue Reading
Russia Dominated Syria’s War. Now It’s Sending Mercenaries to Libya.
The casualties at the Aziziya field hospital south of Tripoli used to arrive with gaping wounds and shattered limbs, victims of the haphazard artillery fire that has defined battles among Continue Reading
Algeria protest: Thousands flood capital to demand ‘new revolution’
Authorities in Algiers shut its metro and all trains to the capital in an effort to keep protesters away, but many arrived by coach Tens of thousands of demonstrators have Continue Reading
Oil Companies Return To Libya Despite Civil War
Egyptian oil companies that had operations in Libya but pulled out during the civil war will return to the country, the National Oil Corporation said . NOC’s chairman Mustafa Sanalla Continue Reading
Africa’s Largest Oil Nation Is Facing A Major Crisis
The unstable security situation in Libya and the continued bickering between rival governments have kept international oil companies from resuming exploration activities in the civil war-torn North African oil producer. Continue Reading
Oil And Islam: Libya’s Civil War Rages On
Khalifa Haftar in Libya Turkey’s intervention in support of the Government of National Accord (GNA) has helped push Khalifa Haftar’s Libyan National Army (LNA) beyond Gharyan. Further reports point to Continue Reading
Libya’s Avoids Oil Production Crisis, NOC Gets State Funding
The Libyan government has released state funding to the tune of $1.06 billion to the National Oil Corporation that NOC will use to maintain oil production in the current year, Continue Reading