OPEC and its allies raised their crude oil production by 280,000 b/d in December to a seven-month high, as Libya pumped its most since mid-2013 and several other countries posted Continue Reading
Petroleum facilities guards at an oil export terminal in eastern Libya have delayed the loading of at least one crude oil cargo and are threatening to block exports until their Continue Reading
Libya’s state-owned NOC aims to make further progress in rebuilding the country’s oil sector next year, buoyed by the rapid recovery in crude production since port and field blockades were Continue Reading
The OPEC+ alliance should remain cautious at its upcoming meeting Jan. 4 because a new strain of the coronavirus that causes COVID-19, B117, is likely to weigh on global oil Continue Reading
Turkish Defence Minister Hulusi Akar warned on Sunday that the forces of Khalifa Haftar and their supporters based in eastern Libya would be viewed as “legitimate targets” if they attempted Continue Reading
Algeria’s oil and gas production in 2020 will total 143 million tons of oil equivalent, a decline of 8% from 2019, due the pandemic and slow economic growth, energy minister Continue Reading
Libya’s crude oil production continues to increase as one of its companies has nearly doubled its output to 100,000 barrels per day (bpd) compared to production levels before the blockade Continue Reading
Egypt and Iraq have signed an oil-for-reconstruction plan this December, expected to come into effect once constitutional procedures have been completed. This deal marks the start of several joint projects Continue Reading
The Libyan government recognized by the UN has told Libyans not to panic and queue at gasoline stations in the country because there is enough supply of fuel, Libya Herald Continue Reading
A forgotten conflict on the fringes of the Sahara desert is heating up — and Donald Trump’s decision to recognize Morocco’s sovereignty over the disputed territory is set to make Continue Reading
