Oil Prices Fall As Libya Reopens Ports
Libyan strongman General Khalifa Haftar has pledged to reopen the country’s oil ports this weekend, the U.S. embassy in the North African country said in a statement on Saturday. “The Continue Reading
Distribution of oil revenues dominate talks to restart Libyan output: sources
Talks to restart the bulk of Libya’s crude output and end the eight-month-long blockade on the country’s oil exports are ongoing, with the issue of distribution of oil revenues still Continue Reading
Cracks in Libya’s governing alliance threaten fragile peace
When the head of Libya’s UN-backed Government of National Accord suspended the interior minister from his duties at the end of August, militias in Tripoli celebrated by firing weapons in Continue Reading
Khalifa Haftar’s rival Libya government resigns after Benghazi protests
Young men block a road with burning tyres during protests in Libya’s eastern coastal city of Benghazi on 12 September 2020. A spokesman for Gen Haftar said the administration backed Continue Reading
U.S. Oil Company Hess Attempts To Load Crude From Libya Port
Hess may attempt to load a cargo of crude oil from Libya’s Es Sider port this week. If successful, the loading represents a glimmer of hope for oil-rich Libya who Continue Reading
Turkey Eyes Libya Upstream
Turkey is in talks over oil and gas exploration in Libya. (Bloomberg) — Turkey is in talks over oil and gas exploration in Libya, as President Recep Tayyip Erdogan’s administration Continue Reading
Libya’s State Oil Firm: War Ship Treathens Vital Oil Facilities
Libya’s National Oil Corporation (NOC) said that a warship had been staying at the Ras Lanuf oil terminal for several days, and has demanded that the military activity at vital Continue Reading
Tanker fixed to load crude from Libya’s Es Sider port despite force majeure amid ceasefire
Highlights Hess charters vessel to take stored crude: shipping report Key Libyan ports blockaded in power struggle Militia said it may allow some loadings to relieve storage London — Hess Continue Reading
Nigeria: Govt Asks for $1.1bn Advance Settlement From ENI, Shell in Malabu Corruption Case
The Federal Government, Wednesday, asked a court in Milan, Italy, to order Royal Dutch Shell and Eni to pay the sum of $1.092 billion as an immediate advance payment for Continue Reading
COVID-19 Forces Libyan Oil Companies To Halt Operations
Two of Libya’s National Oil Company affiliates on Monday sent some oil workers home and halted some work due to the spread of Covid-19, according to a NOC statement. Libya’s Continue Reading