Libya Refiner Stops Working On Oil Shortage
Libya’s Azzawiya Oil Refining Company has suspended its operations for lack of feedstock amid the continued blockade of oil ports that has led to the shutdown of several fields, Reuters Continue Reading
Libya’s Azzawiya Oil Refining Company has suspended its operations for lack of feedstock amid the continued blockade of oil ports that has led to the shutdown of several fields, Reuters Continue Reading
The Egyptian farmer stood in his dust-blown field, lamenting his fortune. A few years ago, wheat and tomato-filled greenhouses carpeted the land. Now the desert was creeping in. “Look,” he Continue Reading
Economic losses resulting from the blockades of Libyan ports used by the National Oil Corporation of Libya ( NOC ) have surpassed $930 million , the NOC reports. In January Continue Reading
Libya is producing about 204,000 bpd of crude oil at the moment, an unnamed source has told Bloomberg, as a blockade of the country’s export terminals and several fields enters Continue Reading
The U.N. envoy to Libya said on Tuesday there was a “genuine will to start negotiating” between rival military factions as they planned to meet for the first time for Continue Reading
Since the end of the 1990s Egypt has dreamt of becoming an East Mediterranean gas and energy hub. The discoveries offshore in the Nile Delta at the end of the Continue Reading
Eni’s joint venture with the Libyan National Oil Corporation is losing 155,000 barrels of oil per day of production because of the continued blockade of oil export terminals and fields, Continue Reading
A resumption in fighting in Libya is threatening to unravel efforts to end a nearly decadelong crisis in the North African country, less than two weeks after foreign backers of Continue Reading
The destabilization of Libya after the ousting of longtime dictator Muammar Khadaffi has created an unstable country where states support a proxy in the continuing civil war. The recent focus Continue Reading
As the Libyan National Army’s blockade of the country’s oil ports enters a second week, the urgency with which European oil traders are seeking alternatives to fill the 1 million Continue Reading
Libya is facing the risk of its oil production grinding to near full stop if a blockade of its export terminals and several fields continues, the chairman of the country’s Continue Reading
ExxonMobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks after Exxon said it had secured Continue Reading
Libya’s oil production took a nosedive to less than 300,000 bpd last week, from over 1 million bpd following a blockade of its main oil export terminals, which has in Continue Reading
Libya’s oil sector is facing a catastrophic situation as production is poised to fall to just 72,000 b/d “very soon” if the blockade led by the self-styled Libyan National Army Continue Reading
Eastern Libyan military commander Khalifa Haftar sought on Sunday to open a new front by moving forces towards the city of Misrata, which is allied to the country’s internationally recognised Continue Reading
Migrants are seen at the Anti-Illegal Immigration Agency in Tajora shelter center in Tripoli, Libya April 24, 2019. (Reuters) Dozens of illegal migrants held in centers in western Libya have Continue Reading
Libya’s oil production has fallen by almost 80% since forces loyal to self-styled General Khalifa Haftar of the Libyan National Army imposed a blockade on the OPEC producer’s five key Continue Reading
Chairman of the National Oil Corporation (NOC) Mustafa Sanallah [Photo: Archive] Libya’s oil output will collapse “within days” to the lowest level since the 2011 civil war as a blockade Continue Reading
Libya: Haftar Shifts Strategy from Oil ‘Protector’ Shutting off Libya’s oil was always General Khalifa Haftar’s trump card to play when the time was right. That time is now, with Continue Reading
General Khalifa Haftar has shut off more than half of Libya’s oil exports, and the National Oil Company (NOC) has declared force majeure, taking a whopping 800,000 barrels per day Continue Reading
Libya’s National Oil Company has confirmed that is has lost virtually all of its oil production, at 1.2 million barrels per day of oil production, and $77 million in daily Continue Reading
The U.S. Embassy in Libya said on Tuesday that the country’s National Oil Corporation (NOC) should be allowed to immediately resume oil operations that were suspended over the weekend after Continue Reading
Libya’s oil output will collapse “within days” to the lowest level since the 2011 civil war as a blockade of its export terminals has forced a rapid shutdown of production Continue Reading
Oil prices rose to their highest in more than a week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing Continue Reading
Tribal groups loyal to General Khalifa Haftar have blocked oil exports from eastern Libyan ports and have also seized several oil fields in the south ahead of peace talks between Continue Reading
OPEC member Libya was producing between 1.15 million and 1.20 million b/d last week before the blockade began. Libyan crude production averaged 1.06 million b/d in 2019, according to S&P Continue Reading
As world powers back a cease-fire in Libya to end months of fighting, a recent injection of mercenaries by rival foreign backers threatens to unravel efforts to establish a long-term Continue Reading
Libya’s oil operations have been dealt a blow during the last 24 hours, after local Libyan tribes, allies of Libya’s General Haftar’s LNA, disrupted production at the El Feel and Continue Reading
Countries struggled at an international peace summit for Libya struggled on Sunday to draw eastern military commander Khalifa Haftar back into diplomacy, days after he quit talks and more than Continue Reading
When top American and European officials gather in Berlin for a one-day summit on Sunday, they will try to persuade Libya’s warring sides — and their main international backers — Continue Reading
What’s behind the fight for Libya? Libya’s warring rival factions are joining major powers in Germany in a renewed push to secure a ceasefire to halt the civil war. The Continue Reading
Foreign powers agreed at a summit in Berlin on Sunday to shore up a shaky ceasefire in Libya, but the meeting was overshadowed by blockades of oilfields by forces loyal Continue Reading
World leaders at a Libya conference in Berlin did not discuss possible sanctions for violations of an international arms embargo, Chancellor Angela Merkel said on Sunday. Speaking at a news Continue Reading
World leaders agreed on a final communique at the Libya conference in Berlin, one summit participant told Reuters on Sunday, without giving details. German Chancellor Angela Merkel and United Nations Continue Reading
Libya’s oil sector could go into a tailspin with two-thirds of its total crude oil production of around 1.20 million b/d at risk after its key oil ports were suspended Continue Reading
International backers of the two main sides of the conflict in Libya agreed to support a cease-fire and uphold an embargo on the arms and financing that are fueling the Continue Reading
OPEC member Libya was producing between 1.15 million and 1.20 million b/d last week before the blockade began. Libyan crude production averaged 1.06 million b/d in 2019, according to S&P Continue Reading
Turkish President Tayyip Erdogan has called on Europe to support its work in Libya, where it is providing military support to the internationally-recognized government if it wants to end the Continue Reading
Oil exports from eastern and central Libyan oil ports will be shut from Saturday resulting in the loss of 700,000 barrels a day, a source at state oil firm NOC Continue Reading
The closing of Libya’s oil ports is “a huge step” by the Libyan people, the spokesman of Libyan forces loyal to eastern-based commander Khalifa Haftar said on Friday. Spokesman Ahmed Continue Reading
Egypt imported 6.32 million mt of thermal coal in 2019, up 31% on the previous year, according to official data from the Port of Alexandria, boosted by strong demand from Continue Reading
While the truce could put the Libyan National Army’s push to seize the capital on hold, it raises the risk that oil exports will be used as a negotiating tool…. Continue Reading
Brokered talks between Libya’s two main warring parties, the Libyan National Army and the U.N.-recognized Government of National Accord, have ended without an agreement after LNA leader Khalifa Hifter refused Continue Reading
Head the UN-backed Government of National Accord (GNA) in Tripoli, Fayez al-Sarraj, and Benghazi-based General Khalifa Haftar who is now warring for control of the capital, were actually in the Continue Reading
Turkey will not refrain from “teaching a lesson” to Khalifa Haftar, the commander of eastern Libyan forces, if they continue attacks against the country’s internationally recognized government, President Tayyip Erdogan Continue Reading
Libya’s warring rival leaders will hold peace talks in Moscow on Monday alongside representatives from Russia and Turkey, Russian news agencies cited the Russian Foreign Ministry as saying. The talks Continue Reading
Both of Libya’s warring factions accused each other of violating a ceasefire proposed by Turkey and Russia, as fighting continued around the capital, Tripoli, on Sunday. The Turkish and Russian Continue Reading
East Libya based forces led by Khalifa Haftar said on Thursday they would continue in their military campaign against rival forces in the capital Tripoli, appearing to reject a call Continue Reading
European leaders warned Libya’s internationally recognized prime minister on Wednesday against allowing Turkish troops on Libyan soil or agreeing to a natural gas deal with Turkey to avoid worsening the Continue Reading
With Putin in Turkey on Wednesday ceremonially launching the much-anticipated offshore pipeline TurkStream, which will supply Russian gas to Turkey and southern Europe, it’s actually events in Libya and Syria Continue Reading