Libya’s Es Sider is set to resume exports in the coming weeks, with the first cargo potentially being lifted by Libya’s National Oil Corporation (NOC) during the first week of Continue Reading
There are too many risk factors at play to express any sense of real optimism about a full market return for Libya’s oil, the Royal Bank of Canada said. In Continue Reading
Libya has been teetering on the edge of economic collapse for a couple of years now, and may have just made a narrow escape, right when the World Bank issued Continue Reading
Libya Waha oil field Libya continues to ramp up its oil production, and resumed last week output at the major Waha oilfield, which raised its total crude output to 580,000 Continue Reading
Barkindo Rouhani At the 23rd World Energy Congress in Istanbul last week, talks regarding the OPEC crude oil production freeze took a surprising turn. Energy Minister Noureddine Boutarfa from Algeria Continue Reading
Libya oil Libya’s oil production has reached 551,000 barrels per day, according to National Oil Corporation chairman Mustafa Suna’a-Allah—a figure that brings Libya closer to its target of 900,000 barrels Continue Reading
Egypt has asked energy suppliers… Egypt is pushing big energy companies to give it a break on payments for fuel shipments after Saudi Arabia’s sudden decision in October to halt Continue Reading
Tensions over Syria sparked fears IMF loan would be delayed El-Sisi says oil product shipments are commercial matter Egyptian President Abdel-Fattah El-Sisi said Saudi Aramco’s decision to halt oil product Continue Reading
Libya’s oil production is set to reach a three-year high by December as fields restart and ports reopen after five years of armed conflict crippled sales. Output is now 540,000 Continue Reading
Suspension of Aramco aid confirmed by Egyptian Oil Ministry Egyptian pound plunges to record in black-market trading Egyptian stocks declined for a second day and the currency fell to a Continue Reading
