Libya’s Es Sider Terminal Shuts Down After Militant Clashes
The Es Sider oil export terminal in Libya was shut down and loadings at another one, Ras Lanuf, were suspended today after clashes between the Libyan national Army and the Continue Reading
Attack shuts major Libyan oil ports, slashing production
The major Libyan oil ports of Ras Lanuf and Es Sider were closed and evacuated on Thursday after armed brigades opposed to the powerful eastern commander Khalifa Haftar stormed them, Continue Reading
Total extends gas agreement in Algeria
Total has extended a partnership in an Algerian natural gas field for the next 25 years. File Photo by Steve Oehlenschlager/Shutterstock June 11 (UPI) — French energy company Total said Continue Reading
Nigeria, Morocco Agreement On Regional Gas Pipeline, Others
The Federal Republic of Nigeria and the Kingdom of Morocco on Monday in Rabat, Morocco, signed three agreements, which includes a regional gas pipeline that will see Nigeria providing gas Continue Reading
Terrorist Attacks Un Libya’s Oil Crescent Raises Security Alert
Libya’s oil crescent on Sunday announced a maximum security alert over possible terrorist attacks in vital oil ports and oilfields, as OPEC’s third disruptor—after Iran and Venezuela—threatens to further unsettle Continue Reading
Extreme Weather Causes Production Outages In Libya
A Libyan oil company has had to significantly reduce oil production at its fields because the hot weather has caused several turbines to stop working. The company is Agoco, a Continue Reading
Libya ships first propane cargo from Zueitina port after four years
Libya’s National Oil Corporation shipped its first cargo of propane from Zueitina port, four years after the gas processing plant at the port was closed due to protests, the company Continue Reading
Unemployed threaten Libya oilfields feeding Es Sider; production normal
A group of unemployed Libyan youths will shut down oilfields in Marada town in the east unless demands for better state services are met, the group said on Sunday. An Continue Reading
More gas coming from mega field offshore Egypt
Natural gas production from the largest field ever discovered off the coast of Egypt is on pace for a 9 percent increase in output, Italy’s Eni said Thursday. Eni said Continue Reading
Algeria Looks To Boost Budget Expenditure Amid Higher Oil Prices
Algeria plans to raise its budget expenditure by 6 percent this year to capitalize on the higher oil prices ahead of presidential elections next year, but economists warn that boosting Continue Reading