U.S. Warns Of Sanctions As Libya’s Oil Chaos Persists
After Libya lifted and then declared again force majeure on all its oil exports in the span of just two days, the United States warned that parties in the conflict Continue Reading
Libya Declares Force Majeure On Oil Exports Again
Just two days after it lifted the force majeure on all oil exports, Libya’s National Oil Corporation has declared force majeure again, citing a renewed blockade on its oil export Continue Reading
Libya’s oil exports face setback as blockade resumes, NOC singles out UAE
Libya’s National Oil Corp. declared force majeure on all crude exports on July 12, a day after the Libyan National Army re-instated an oil blockade as the civil war continues Continue Reading
Libyan forces set conditions for lifting oil blockade
Forces loyal to a Libyan commander said they will only allow the reopening of oil fields and terminals once a mechanism has been set up to fairly distribute revenue across Continue Reading
Libya’s LNA vows to continue oil blockade unless its demands are met
The Libyan National Army vowed to continue its oil blockade in the war-torn North African country unless its demands are met as the conflict between the self-styled army and the Continue Reading
Libya’s oil exports face setback as blockade resumes, NOC singles out UAE
Libya’s National Oil Corp. declared force majeure on all crude exports on July 12, a day after the Libyan National Army re-instated an oil blockade as the civil war continues Continue Reading
Libya Declares Force Majeure on Oil Exports as Blockade Renewed
Libya’s National Oil Corp. has declared force majeure on all oil exports, barely a day after lifting it, the state-owned company said in a statement. NOC condemned the renewed blockade on Libyan Continue Reading
Libya Is On The Brink Of A Major Military Conflict
Global oil market analysts are carefully watching the latest news emerging from Africa’s (potentially) largest oil producer. In an unexpected move, Libya’s National Oil Corporation (NOC) stated lifted the force Continue Reading
Libya Lifts Force Majeure On All Oil Exports
After six months of port blockades and no exports, Libya’s National Oil Corporation (NOC) said on Friday that it lifted force majeure on all oil exports from Libya, potentially giving Continue Reading
The Battle For Libya’s Oil Heats Up
The battle for Libya is threatening to turn into direct clashes between the Turkish and Egyptian militaries, now that Turkey has categorically rejected Egypt’s ceasefire deal. This rejection was followed Continue Reading