Libya sees oil production gains ahead – UPI.com
An agreement with German energy company Wintershall means Libya has a better chance of meeting oil production goals, a national oil company said. The Libyan National Oil Co. said it Continue Reading
Libya’s NOC, Wintershall Agree To Resume 160,000 Bpd Output
Libya’s National Oil Corporation (NOC) said on Tuesday that it had reached an interim deal with Germany’s Wintershall to immediately resume production in concession areas and related fields, which would Continue Reading
Qatar Spat Spills Over To Libya’s Oil, Rekindles Political Divides
Just as Libya’s National Oil Corporation (NOC) is targeting to raise crude oil output to 1 million bpd by the end of July, the rivaling factions in the east and Continue Reading
Libya’s Largest Oil Field Resumes Production
Libya’s largest oil field, El Sharara, has resumed production after workers had shuttered the 270,000-bpd field on Wednesday, protesting over the lack of medical treatment for a co-worker who had Continue Reading
Oil Bears Can’t Count on Libya as Expat Exodus Hinders Recovery
Output won’t rise much above 1 million barrels a day: WoodMac OMV says security must improve before it can send expats back The rapid increase in Libya’s oil production is Continue Reading
Libya’s Biggest Oil Field Boosts Production, Raising the Country’s Output
Sharara field production said to rise 25,000 barrels a day North African nation output at highest since October 2014 Libya’s biggest oil field boosted production, allowing the OPEC nation to Continue Reading
OPEC Insiders Reel After Key Minister Is Fired During Their Meeting
Algerian oil minister learns of dismissal from news report Boutarfa was architect of OPEC, non-OPEC production cut deal As OPEC ministers gathered in Vienna Thursday to agree a nine-month extension Continue Reading
Libyan oil production has potential to cross 1 million barrels per day
Libya has the technical potential to produce as much as 1.2 million barrels of oil per day, though commercial and security issues interfere, an oil leader said. Mustafa Sanalla, the Continue Reading
Libya’s Oil Output Tops 800,000 Bpd For The First Time Since 2014
Libya’s crude oil production has exceeded 800,000 bpd for the first time since 2014, and could average up to 1.2 million bpd for the rest of this year if oil Continue Reading
Libya Adds to OPEC’s Burden as Output Reaches Highest Since 2014
Output at about 780,000 barrels a day on Sharara field boost Global producers signal extension in cuts amid oil price slump Libya is pumping the most oil since October 2014 Continue Reading