Is Libya’s Oil Production Heading To Zero?
Libya is facing the risk of its oil production grinding to near full stop if a blockade of its export terminals and several fields continues, the chairman of the country’s Continue Reading
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
ExxonMobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks after Exxon said it had secured Continue Reading
Libya Oil Output Plummets To 280,000 Bpd
Libya’s oil production took a nosedive to less than 300,000 bpd last week, from over 1 million bpd following a blockade of its main oil export terminals, which has in Continue Reading
Libya chaos to deepen if blockade continues: NOC’s Sanalla
Libya’s oil sector is facing a catastrophic situation as production is poised to fall to just 72,000 b/d “very soon” if the blockade led by the self-styled Libyan National Army Continue Reading
Libya’s Haftar makes push in western Libya
Eastern Libyan military commander Khalifa Haftar sought on Sunday to open a new front by moving forces towards the city of Misrata, which is allied to the country’s internationally recognised Continue Reading
Food Shortages Exacerbate Suffering of Migrant Centers in Tripoli
Migrants are seen at the Anti-Illegal Immigration Agency in Tajora shelter center in Tripoli, Libya April 24, 2019. (Reuters) Dozens of illegal migrants held in centers in western Libya have Continue Reading
Libya’s oil output falls almost 80% since Jan. 18 port blockade: NOC
Libya’s oil production has fallen by almost 80% since forces loyal to self-styled General Khalifa Haftar of the Libyan National Army imposed a blockade on the OPEC producer’s five key Continue Reading
Sanalla: Libya’s oil output to hit the lowest level since 2011
Chairman of the National Oil Corporation (NOC) Mustafa Sanallah [Photo: Archive] Libya’s oil output will collapse “within days” to the lowest level since the 2011 civil war as a blockade Continue Reading
Why Did Haftar Turn Libya’s Oil Off?
Libya: Haftar Shifts Strategy from Oil ‘Protector’ Shutting off Libya’s oil was always General Khalifa Haftar’s trump card to play when the time was right. That time is now, with Continue Reading
The 1.2 Million Bpd Outage That Oil Markets Are Completely Ignoring
General Khalifa Haftar has shut off more than half of Libya’s oil exports, and the National Oil Company (NOC) has declared force majeure, taking a whopping 800,000 barrels per day Continue Reading