Libya
News
December 11, 2019
Libya’s state energy company approved French oil giant Total SA’s acquisition of Marathon Oil Corp.’s assets in the North African country in a deal that could boost the OPEC nation’s production capacity.
News
December 06, 2019
Turkey and Libya officially approved a contentious maritime deal that may fuel an energy showdown in the gas-rich waters of the eastern Mediterranean, where both countries are at odds with Greece.
News
October 22, 2019
Petrofac will provide FEED and conceptualization studies to clients in Oman and Libya following the award of a clutch of new contracts.
News
March 05, 2018
Libya’s Sharara oil field, the country’s biggest, began pumping after the reopening of a pipeline to the Zawiya refinery.
News
March 02, 2018
Total has acquired Marathon Oil Libya Limited, which holds a 16,33% stake in the Waha Concessions in Libya.
News
March 02, 2018
Libyan oil is gushing again with production and exports surging to the highest in year
News
March 01, 2018
PetroChina Co. agreed to an annual contract to buy Libyan crude after similar deals by oil majors like Royal Dutch Shell Plc and BP Plc, underscoring a recovery in the North African country’s production even as its political uncertainty persists.
News
March 01, 2018
Libya is keeping oil output steady as higher production from two of its biggest oil fields offsets the impact of a shutdown at a deposit operated by Italy’s Eni SpA.
News
February 26, 2018
Libya’s oil exports from the Mellitah terminal will be “modified” after protests disrupted production at the key El-Feel deposit for the first time in two months.
News
February 23, 2018
A Libyan oil field halted production due to a labor dispute, underscoring the still-fragile nature of the North African country’s recovery from a domestic conflict.
News
January 22, 2018
Libya’s state energy producer announced the restart of production at Wintershall’s Sara oil fields more than two months after they were closed by protests.
News
May 14, 2017
Libya is ratcheting up oil output with less than two weeks to go before the world’s biggest exporters decide whether to extend production cuts to clear a supply glut.
News
May 08, 2017
Libya is pumping the most oil since October 2014 as the OPEC member restores output amid progress in mending the nation’s political divisions. The increase adds pressure on the world’s biggest producers who just signaled they may extend production cuts as oil slumps.
News
May 01, 2017
Oil declined as rigs targeting crude in the U.S. rose for a 15th week and production in Libya rebounded.
News
May 01, 2017
Libya’s crude production rebounded to more than 700,000 bpd as the OPEC member’s biggest oil field and another deposit in its western region resumed pumping after a halt.
News
April 27, 2017
Oil declined to a one-month low as Libya reopened its biggest field and as the market weighs increases in U.S. product inventories and crude output.
News
April 27, 2017
Libya’s biggest oil field, Sharara, reopened as crude began to move through a pipeline connected to the Zawiya refinery, according to a person with direct knowledge of the matter.
News
April 20, 2017
Libya’s El-Feel oil field, operated by a venture between Eni SpA and the state producer, reopened after a two-year halt in operations that crimped the OPEC nation’s output, according to a person familiar with the situation.
News
April 11, 2017
Libya’s oil production fell by 30% to the lowest level since September as the OPEC producer’s biggest field stopped pumping just one week after reopening from an earlier halt.
News
April 10, 2017
Crude headed for its longest run of gains this year as Libya’s biggest oil field suffered another outage while Russia signaled it’s weighing an extension of OPEC-led production cuts.
News
April 10, 2017
Libya’s biggest oil field stopped producing just one week after it reopened, forcing the OPEC member to declare force majeure at a key export terminal, the latest disruptions to the country’s output and shipments of crude.