The El-Feel oil field in western Libya—operated by a joint venture between Italy’s Eni and Libya’s National Oil Corporation (NOC)—reopened on Wednesday after two years, and expects to start pumping Continue Reading
The question of a Russian military base being set up on Libyan territory is not being discussed, Russia’s RIA news agency quoted Libyan military commander Khalifa Haftar as saying on Continue Reading
Production cut to 490,000 barrels a day, person familiar says Country’s biggest field Sharara stopped pumping on April 9 Libya’s oil production fell by 30 percent to the lowest level Continue Reading
The closure of one of the largest oil fields in Libya means a loss of about $9.8 million and the outage of huge volumes of oil, a national oil company Continue Reading
Just a day after production at Libya’s largest oil field was suspended , the National Oil Corporation told local media that another field, Wafa, has also stopped producing. This could Continue Reading
Libya’s biggest oil field was said to stop producing, just one week after it reopened, the latest in a series of disruptions in the country’s crude output. The pipeline carrying Continue Reading
Libya fits in well with a strategy of capitalizing on mature onshore oil basins and service to European energy needs, the head of Austria’s OMV said. Representatives from the National Continue Reading
Libya’s biggest oil field was said to stop producing, just one week after it reopened, the latest in a series of disruptions in the country’s crude output. The pipeline carrying Continue Reading
Crude-oil futures fell on Monday, snapping a four-session winning streak, after the resolution of output disruptions in Libya brought the recent rally in prices to a halt. U.S. crude futures Continue Reading
Libya’s crude production rebounded to about 660,000 barrels a day as the OPEC nation’s biggest oil field resumed output after about a week of disruption. Force majeure on the Zawiya Continue Reading
