The European Union agreed on Monday to launch a new naval and air mission to stop more arms reaching the warring factions in Libya, overcoming initial objections from Austria and Continue Reading
European Union foreign ministers agreed to revive a naval mission in the Mediterranean Sea to enforce the internationally backed arms embargo on Libya, a move likely to encounter stiff challenges Continue Reading
Libya’s combatants are readying for a long conflict, as foreign weapons flood in, eastern factions close oil ports and rival alliances wrangle over revenues from Africa’s largest petroleum reserves. y Continue Reading
A top UN official has described the arms embargo on Libya as a “joke” and said the pause in fighting was “holding by a thread”, in a gloomy assessment of the Continue Reading
In its latest information bulletin on the oil blockade of ports and pipelines released yesterday, Libya’s state National Oil Corporation (NOC) confirmed a drop in production to the current level Continue Reading
Fully controlling Libya’s oil sector, particularly its oil and gas revenues, remains the big prize for Khalifa Haftar’s self-styled Libyan National Army. Haftar controls the bulk of Libya’s key oil Continue Reading
The United Nations Security Council voted to extend sanctions on illicit oil exports from Libya ahead of a vote on a draft resolution seeking to help resolve the situation in Continue Reading
As the 2019-nCoV coronavirus continues to wreak havoc on the oil markets, dropping oil prices more vehemently and abruptly than the 2003 SARS outbreak did, the current plight of Libya Continue Reading
Forces loyal to Khalifa Haftar have blocked flights carrying United Nations staff to and from Libya, hampering humanitarian and mediation efforts, the U.N. mission said on Wednesday. Haftar’s eastern-based Libya Continue Reading
Libya’s oil production is down to less than 200,000 bpd, and the uncertainty surrounding the outage create complications for OPEC+ as it looks to cut deeper. Libya’s civil war entered Continue Reading
