Libya’s closed Sharara oilfield is expected to lose 8,500 barrels per day to looting, state oil company NOC said on Thursday. NOC declared force majeure on Dec. 17 at Sharara, Continue Reading
Libya’s oil and gas revenue dipped to $2.4 billion in November from $2.87 billion in October, but full-year revenue is expected to surge by 76 percent to $24.2 billion, state Continue Reading
Suicide attackers hit the headquarters of Libya’s foreign ministry in Tripoli on Tuesday, opening fire before blowing themselves up inside, a security source said. An employee at the ministry said Continue Reading
Libya’s National Oil Corporation chairman Mustafa Sanalla and the country’s internationally recognized Prime Minister Fayez al-Sarraj on Monday agreed to a new security plan to protect El Sharara oilfield, which Continue Reading
Libya’s output recovery obscures the fragility of its outlook, against a backdrop of political uncertainty and a worsening security situation. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Libya’s output recovery obscures the fragility of its outlook, against a backdrop of political uncertainty and a worsening security situation. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Libya’s Sharara oilfield remains closed, state oil firm NOC said on Thursday, resisting pressure from some officials to quickly pay off protesters which shut it down. On Wednesday, Libya’s internationally Continue Reading
The U.S. State Department has issued a statement urging the Libyan authorities and the militants who put a blockade on the country’s biggest oil field to resolve their differences so Continue Reading
After a week’s blockade by a militant group, Libya’s largest oil field, Sharara, has been shuttered by a force majeure declaration by the National Oil Corporation. Reuters cited a statement Continue Reading
Libya’s National Oil Company NOC has once again shocked the oil market by officially declaring force majeure on its operations at the El Sharara oilfield, the largest oilfield in the Continue Reading
