Libya Declares Force Majeure On Another Oil Port
Just a few days after Libya reopened its eastern oil ports and started to ramp up production that had been offline for weeks, the National Oil Corporation (NOC) declared force Continue Reading
How unstable is Libya’s oil production?
After a relatively stable spell, Libya’s oil production has see-sawed again because of a standoff at eastern export terminals and the abduction of two workers at the giant Sharara oilfield. Continue Reading
Egyptian natural gas prospects improving
Africa-focused SDX Energy said Monday it achieved success at an emerging natural gas reservoir that could be in production by the fourth quarter. The company in June announced the discovery Continue Reading
Employee Abductions Cut Libya’s Oil Production By 160,000 Bpd
Just a few days after Libya reopened its eastern oil ports and started to ramp up production that had been offline for weeks, production at one of the country’s largest Continue Reading
Western powers welcome return of Libyan oil
Mustafa Sanalla, the head of Libya’s U.N.-backed oil company, said work is under way to bring production back to normal after four weeks of unrest. Photo courtesy of the National Continue Reading
Libya’s Oil Production Ramps Up After Ports Reopen
Libya’s Abu Attifel oil field has restarted operations after a two-week halt due to the closure of oil ports—a closure that ended on Wednesday after Libya’s National Oil Corporation (NOC) Continue Reading
Libyan Oil Production Is Only Heading Lower
When back in September 2016 the Libyan National Army retook control over the export terminals in the country’s Oil Crescent from the Petroleum Facilities Guard and handed it over to Continue Reading
Libya lifts force majeure on Ras Lanuf, Es Sider, Marsa, El Hariga, Zueitina oil terminals
Libya has lifted as of Wednesday its force majeure on the Ras-Lanuf, Es sider, Marsa, El Hariga and Zueitina oil terminals, National Oil Corporation Chairman Mustafa Sanalla said in a Continue Reading
European Parliament president arrives in Tripoli
With oil production woes pressuring the Libyan economy, the president of the European Parliament said Monday that Libyan security means European security. European Parliament President Antonio Tajani met Monday in Continue Reading
New discovery highlights Egypt’s potential as emerging oil producer
A new oil discovery in the Western Desert of Egypt could unlock a new area for productivity gains in the country, Italian energy company Eni said Monday. Eni said it Continue Reading