Force majeure lifted from all key terminals Production increase will take long time due to technical problems Kriti Bastion tanker loading crude from Es Sider Libya’s National Oil Corporation lifted Continue Reading
The United States and Libya are probing a suspected scheme in which eastern Libyan strongman Khalifa Haftar is allegedly paying Nicolas Maduro’s regime in Venezuela U.S. dollars in exchange for Continue Reading
United Nations Secretary-General Antonio Guterres warned the Security Council on Wednesday that the conflict in Libya has entered a new phase with “unprecedented levels” of foreign interference and mercenaries in Continue Reading
Libya’s National Oil Corporation (NOC) is ready to lift the force majeure at the oil port of Es Sider, allowing a tanker to load crude oil from storage, the state Continue Reading
Libya’s oil production that has dropped sharply in recent months is set to nearly halve in the coming years thanks to an oil blockade that has been in force since Continue Reading
Libya’s state-owned National Oil Corp. warned July 7 the country’s crude oil output could halve in the coming years unless the ongoing blockade on its eastern terminals is lifted soon. Continue Reading
Highlights Delta Ocean tanker en route to load crude from storage NOC demands removal of mercenaries, armed groups from terminal Deal to restart output still to be agreed London — Continue Reading
Repeated shutdowns of Libya’s oil facilities amid a civil war could leave the country producing at just half its total capacity in the coming years, the National Oil Corp. said. The OPEC Continue Reading
Egypt, Ethiopia, and Sudan are engaged in last-ditch talks to resolve a dispute over Addis Ababa’s construction of a giant dam on the river Nile that Cairo fears could lead Continue Reading
Libya is set to export even less crude oil in July than it did in June, while its state oil firm continues negotiations to end the blockade that has been Continue Reading
