Libyan oil output set for fast rebound as all key fields start to reopen
All of Libya’s key oil fields and terminals are gearing up for a full reboot, with almost 500,000 b/d more of Libyan light sweet crude set to hit the market Continue Reading
Libyan oil output set for fast rebound as all key fields start to reopen
All of Libya’s key oil fields and terminals are gearing up for a full reboot, with almost 500,000 b/d more of Libyan light sweet crude set to hit the market Continue Reading
Libya lifts force majeure on El Feel oil field on way to 1 mil b/d output
Libya’s state-owned National Oil Corp. said Oct. 26 it lifted force majeure on the 70,000 b/d El Feel, or Elephant, oil field as the OPEC producer seeks to almost double Continue Reading
Nigerian police mobilize to quell worst unrest in two decades
Nigeria’s police chief ordered the immediate mobilization of all force resources on Saturday to try to control the worst street violence in Africa’s most populous country in two decades stemming Continue Reading
Libya rivals sign ceasefire deal in Geneva
The country has been riven by violence since 2011 Libya’s warring factions have signed an agreement on a permanent ceasefire, after five days of talks in Geneva. The deal between Continue Reading
Oil Blockades Cost Libya $130 Billion, Finance Minister Says
The frequent oil blockades in Libya over the past few years have cost the country a total of US$130 billion in lost revenues, Finance Minister Faraj Boumtari told Al-Jazeera on Continue Reading
Optimism grows on Libya’s oil recovery as rivals agree ceasefire
Libya’s crude oil production could accelerate beyond 700,000 b/d by the end of the year after the United Nations confirmed that the country’s two rivals groups signed a permanent truce, Continue Reading
Young Nigerians Came to Protest Police Brutality. Then the Shooting Started.
The first sign that something was wrong at Lekki Toll Gate came when the lights went out. David Emmanuel, Feyishara Temitope and hundreds of other Nigerian protesters had gathered on Continue Reading
Nigerian Protests Haven’t Disrupted Oil Industry Yet
Nigeria’s oil production and exports have not been disrupted by the escalating protests against police brutality in the biggest oil producer and exporter in Africa, according to shipping data and Continue Reading
Nigerian Sars protests on brink of hitting oil output, demand
Nigeria is bracing for fresh disruption to its oil production and demand after violence sparked by weeks of nationwide protests against police brutality began spreading into the country’s key oil Continue Reading