NATO allies fret over security of Libya’s oil
The escalation of violence in and around the oil installations of Libya are cause for growing international concern, a joint statement from NATO allies said. A joint statement from the Continue Reading
Libya Crude Output Edges Higher After Clashes at Main Oil Ports
Libya’s crude production made a partial recovery after clashes between rival armed groups led to a halt in shipments from two of the OPEC member’s biggest oil ports. Output rose on Tuesday to Continue Reading
Libya Oil Output Falls as Fresh Clashes Force Ports to Shut
Libya’s crude output dropped after clashes forced two of the country’s biggest oil ports to shut down, threatening the OPEC member’s efforts to revive the production of its most important Continue Reading
Libya militias who seized oil terminals aim to take Benghazi
Libyan militias that occupied two key oil terminals last week said Monday they intend to take the eastern city of Benghazi and unseat Field Marshal Khalifa Hifter, who controls the Continue Reading
Fighting for Libya’s Oil Raises Questions Over Eastern Strongman
Libya’s slow-burn conflict swept into two of its most important oil facilities late last week, shutting ports and triggering a drop in crude output in the OPEC nation. The attacks Continue Reading
Libya’s Biggest Oil Port Seized in Blow to Production Surge
Libya’s biggest oil port was seized by an armed group, dealing a blow to the North African country as it seeks to revive production of its most important commodity. Brent Continue Reading
Libya Oil Output Falls as Fresh Clashes Force Ports to Shut
Libya’s crude output dropped after clashes forced two of the country’s biggest oil ports to shut down, threatening the OPEC member’s efforts to revive the production of its most important Continue Reading
Armed faction enters major Libyan oil port
An armed faction entered a major Libyan oil terminal and a nearby airport on Friday, after attacking forces that have controlled the terminals since September, officials and residents said. The Continue Reading
Libya’s Biggest Oil Port Seized in Blow to Production Surge
Libya’s biggest oil port was seized by an armed group, dealing a blow to the North African country as it seeks to revive production of its most important commodity. Brent Continue Reading
Libya signs deal with Russia’s Rosneft
An agreement with Russian oil company Rosneft helps lay a foundation for the recovering oil sector in Libya, Libya’s top oil producer said. Meeting on the sidelines of an international Continue Reading