A top Libyan commander loyal to the U.N.-brokered government says his forces have pushed into an Islamic State stronghold in central Libya and are now fighting militants on the streets Continue Reading
Fighters aligned with Libya ’s United Nations -backed unity government are advancing along the Mediterranean coast toward the Islamic State stronghold of Surt, signaling the first major assault on territory Continue Reading
In November 2013, the United States Library of Congress released a report describing Algeria’s macroeconomic position as “strong” during a month when Brent oil prices cruised at $108.08 per barrel—more Continue Reading
Libyan forces loyal to the U.N.-brokered government advanced on Monday against two key Islamic State strongholds, with several officials saying the troops had taken a town from the extremists. The Continue Reading
A force that controls oil terminals in eastern Libya said it had captured the town of Ben Jawad from Islamic State, pushing the militant group back along a coastal strip Continue Reading
The Libyan National Army (LNA), led by a rogue general coming from the country’s east, is reportedly marching towards the capital, Tripoli, with an eye to ‘liberating’ it from the Continue Reading
Image caption David Cameron said Britain was ready to take an “active role” in helping Libya The UK is set to send a Royal Navy warship to the Mediterranean to Continue Reading
Libyan authorities are weighing the largest currency devaluations in more than a decade in an attempt to repair finances battered by conflict and the plunge in crude prices. Ali Jihani, Continue Reading
Natural Gas Exports Riding high on a series of major discoveries and what appears to be renewed investor interest in Egypt’s energy sector, the Oil Ministry is now targeting a Continue Reading
The oil terminal of Marsa al-Hariga in Libya. The political deal that allowed the restart of oil shipments from a port in eastern Libya provides short-term relief for cash-strapped authorities, Continue Reading
Mellitah Oil and Gas terminal on the outskirts of Zwara in western Libya in January… Libyan oil exports will flow again from a terminal that had been a subject of Continue Reading
Israel and Egypt are close to a compromise that would sweep away a major obstacle to a multibillion-dollar natural gas deal. (Bloomberg) – Israel and Egypt are close to a Continue Reading
A member of the Libyan pro-government forces patrols a rural area on the outskirts of Benghazi, on April 19, 2016. Top officials from 21 countries and four major international organizations Continue Reading
The oil terminal of Marsa al-Hariga in Libya. Competing administrations of Libya’s state-run National Oil Corp. in the east and west of the divided country agreed to resume exports from Continue Reading
U.S. Secretary of State John Kerry backed providing weapons to Libya’s unity government to assist in the fight against Islamic State and other jihadist groups, a move endorsed at a Continue Reading
Libya’s divided oil officials have agreed to allow petroleum to flow again between the country’s east and west but have yet to end a crisis that is blocking exports, Libyan Continue Reading
American Special Operations troops have been stationed at two outposts in eastern and western Libya since late 2015, tasked with lining up local partners in advance of a possible offensive Continue Reading
Italian energy company Eni said Wednesday it was able to boost its production at a gas field in Egypt within a year of making the initial discovery. Eni said production Continue Reading
(Adds statement from NOC in Tripoli) By Ayman al-Warfalli May 9 Libya’s crude oil output has fallen to a trickle amid a standoff over export rights that prevented trading giant Continue Reading
Libya Hariga Oil Export Terminal Libyan officials attached to the government in Tripoli are warning that the country will have to halt the majority of its output from southeastern fields Continue Reading
Fields responsible for the bulk of Libya’s oil exports will be forced to halt production within a month unless a blockade is lifted on the port of Marsa el-Hariga, according Continue Reading
Libya may be forced to cut oil production within days if a stand-off between eastern and western factions that has prevented loadings at the Marsa al-Hariga port continues, an official Continue Reading
The odds of a Libyan oil revival are diminishing amid intensifying conflict between factions that is crippling production and exports. After failing to sell a cargo independently of Libya’s National Continue Reading
The authorities that control the eastern half of Libya moved Tuesday to block oil exports from areas under their control, escalating a fight over petroleum revenue that threatens a fragile Continue Reading
The Islamic State militant group (ISIS) has taken to selling chickens and eggs in the streets of its de-facto North African capital as its cash reserves continue to be damaged Continue Reading
Libyan oil workers at the the Zawiya oil installation. A tanker with oil from eastern Libya returned with its cargo to the North African country after the United Nations blacklisted Continue Reading
Libya’s National Oil Corporation has ambitious plans to restore output to pre-2011 levels after years of violence and disruption, officials said. Oil output is now less than a quarter of Continue Reading
U.N. Support Mission in Libya reminds all parties to respect the sanctity of oil, the country’s main source of revenue. Pictured, Libyan rebels at the western gate of Ajdabiya on Continue Reading
Authorities in eastern Libya pledged to export more crude oil soon, two days after shipping their first cargo in defiance of a national unity government based in Tripoli. A representative Continue Reading
A government based in eastern Libya has shipped its first cargo of crude in defiance of authorities in the capital Tripoli, a bold move that could deepen the divisions that Continue Reading
A cargo of 650,000 barrels of crude left the Libyan port of Hariga yesterday, in the eastern part of the conflict-torn country, sparking what promises to be another phase in Continue Reading
The government in eastern Libya plans later Monday to export its first cargo of crude since the country with Africa’s biggest known oil reserves split into rival power centers in Continue Reading
The Tripoli headquarters of Libya’s National Oil Co., which has objected to an oil export… A government that controls Libya’s eastern half said its oil company has loaded its first Continue Reading
Europe is on track to send security experts to Libya after it successfully installed a so-called unity government that is willing to work with international agencies. A primary goal of Continue Reading
An oil company affiliated with the government running eastern Libya said it was poised to export its first load of crude oil, setting up a potential clash with authorities in Continue Reading
Egypt offers a bright spot for natural gas development, a lone bright spot in an energy world undergoing harsh austerity. The friendly business environment in Egypt right now stems, in Continue Reading
The European Union formally recognized Libya’s newly installed Government of National Accord as the country’s sole legitimate government, the Libya Herald reported April 19. The announcement followed an April 18 Continue Reading
As Libya wrangles over who is going to control its oil, the Islamic State is closing in, using sporadic attacks designed to rattle nerves and force oil-field evacuations or worker Continue Reading
One of Libya’s rival governments has resigned, a step that helps efforts by a new, UN-brokered unity government to assert itself in the capital Tripoli despite opposition from some local Continue Reading
Fayez Serraj, center. Photographer: Mohamed Ben Khalifa/AP Photo Virtually unknown in Libya until late last year, Fayez Serraj is quickly emerging as his country’s best bet to escape five years Continue Reading
The shaky debut last week of a new unity government in Libya brings Western nations, including the United States, much closer to a renewed military mission there, and to a Continue Reading
Algeria’s state-owned hydrocarbon firm has endured recent policy adjustments that now provide foreign investors with new opportunities. But increasing energy insecurity threatens to nullify the potential for gain. In the Continue Reading
Ten Libyan cities which were under control of the non-recognized government of Tripoli have broken away and pledged their support to the UN-backed government, one of the municipalities announced online Continue Reading
A member of the force assigned to protect Libya’s unity government stands on a road leading to where the government has their offices, in Tripoli, Libya March 31, 2016. Libya’s Continue Reading
Though the fundamentals of the oil-based economy remain weak, the United Nations and Western leaders expressed support for prosperity in Libya. Members of a U.N.-backed national administration arrived in Tripoli Continue Reading
Libya’s United Nations-backed unity government finally assumed office in Tripoli on Wednesday despite opposition within two existing administrations and threats of violence from some militias based near the capital. Prime Continue Reading
After a deep slide in oil prices, Algeria’s Sonatrach is shifting strategy to offer foreign firms direct negotiations to buy stakes in 20 oil and gas fields in a bid Continue Reading
Libya does not plan to attend an April 17 meeting of oil producers about freezing supply to support prices, a Libyan OPEC delegate said on Tuesday, joining fellow OPEC member Continue Reading
Two foreign oil companies pledged to reduce or pull out staff completely at two Algerian natural gas plants following a March 18 attack by militants on the Ain Amenas natural Continue Reading
A view of a Krechba gas treatment plant, about 1200 km (746 miles) south of Algiers, December 14, 2008. BP and Norway’s Statoil will withdraw staff from two gas plants Continue Reading
