Libya will export two oil cargoes totaling 1.2 million barrels in July — a third less than in June — as forces opposed to the Tripoli-based government continue to block Continue Reading
We are now at a crossroads in Libya where a military solution is temporarily off the table, as factions and their external allies wrangle over oil revenues–the distribution of which Continue Reading
The UK has called for an end to the oil blockade in Libya and reaffirmed its support for state-owned oil producer National Oil Corp. as the only independent entity in Continue Reading
Highlights Force majeure clause still in place at key oil terminals Talks to restart production ongoing, revenue mechanism still being decided One tanker on way to load crude from Es Continue Reading
The leaders of groups affiliated with the Libyan National Army have offered to lift a blockade on oil export terminals that started in January and has so far cost the Continue Reading
Russia is sending reinforcements to Libya to help military leader Khalifa Haftar, who is on the defensive after a failed effort to topple the country’s United Nations-backed government, as Moscow Continue Reading
Libya’s Arabian Gulf Oil Co. will restart production at the eastern field of Messla this week, according to a person familiar with the matter. Agoco, as the company is known, will Continue Reading
Russian President Vladimir Putin and French counterpart Emmanuel Macron called on Friday for a ceasefire in Libya and a return to dialogue, the Kremlin said in a statement following a Continue Reading
The head of Libya’s state-owned oil company has called out foreign powers for meddling in the country’s oil sector, accusing them of preventing the North African producer from restarting production. Continue Reading
Russian and other foreign mercenaries entered the Sharara oilfield on Thursday evening to prevent the resumption of oil production at the largest Libyan oilfield. Early this month, NOC resumed production Continue Reading
