Libya to resume production
The National Oil Corp. (NOC) has lifted force majeure from the El Feel field, following high-level agreements on a ceasefire in Libya.
Libya
Oil slides below $40 with supply disruptions subsiding
Oil accelerated losses with workers in the U.S. Gulf heading back following Hurricane Delta’s landfall and Libya taking a major step toward reopening its biggest field.
Libya reopens biggest oil field, giving OPEC+ a new headache
Libya took a major step toward reviving its battered oil industry by reopening its biggest field, presenting a new headache for OPEC+ as the alliance of major producers tries to curb global supplies.
NOC lifts force majeure on Sharara
The National Oil Corp. (NOC) has lifted force majeure from the Sharara oilfield, following an agreement with the Petroleum Facilities Guard (PFG).
Libya’s oil crescent gets back to work as Sarir field opens
Libya’s oil industry continued to revive this week following a truce between the main factions in the OPEC member’s devastating civil war.
NOC lifts force majeure at Zueitina
The National Oil Corp. (NOC) has lifted force majeure at the port of Zueitina and the associated oilfields, operated by Zueitina Oil Co. (ZOC).
NOC calls on UK investment
Libya’s National Oil Corp. (NOC) has pitched for new investment in the country’s oil and gas sector, even while reporting new security breaches at the Sharara oilfield.
NOC shuts Sharara on coronavirus outbreak
Libya’s National Oil Corp. (NOC) has accused the Petroleum Facilities Guard (PFG) of spreading coronavirus at the Sharara field, south of Tripoli.
Coronavirus shutters Libyan offices
Sirte Oil Co. and Waha Oil have shut their offices for 10 days, in an attempt to combat COVID-19.
Egypt, Greece deal riles Turkey in East Med
Egypt and Greece have signed an agreement on how to divide territorial waters, a move swiftly condemned by Turkey.
US sanctions Libyans, Zimbabweans
The US has set out sanctions against fuel smugglers in Libya and a businessman in Zimbabwe, amid a wider move by the country to bring pressure to bear on foreign interests.
US backs Libyan oil flows
The US has called for “all responsible parties” to allow the National Oil Corp. to go about its business.
Guns and oil do not mix, Libya’s NOC warns
Libya’s National Oil Corp. (NOC) has expressed concerns about increasing military presence at its facilities and the seizure of jet fuel at Zueitina.
GNA moves towards Sirte as tensions mount
The Government of National Accord’s (GNA) push into Sirte risks triggering a broader conflict, as Egypt warns the city is off limits to the Tripoli administration.
NOC blames UAE for Libyan shutdown
Libya’s National Oil Corp. (NOC) has named the United Arab Emirates as being behind the order to stop production in the North African country.
Demand coming back but uncertainty high, IEA warns
The worst of the reduction in oil demand came in the second quarter, the International Energy Agency (IEA) has said, and will be down by 5.1 million barrels per day in the second half of the year.
Eni comes calling in Tripoli
Eni’s CEO Claudio Descalzi has held talks with the head of the Government of National Accord (GNA) Fayez al Sarraj and the chairman of the National Oil Corp. (NOC) Mustafa Sanalla.
PFG refuses Es Sider loading
An attempt to lift force majeure at the Es Sider port, allowing oil exports to resume, has failed with local armed forces refusing to allow this to go ahead.
Taking power to the seas with Karpowership
Countries that need power, need power now – and Karadeniz’s Powerships may just be the fastest moving answer to this particular demand.
Tough talks to unlock Libya’s oil
Talks are under way to restart Libya’s oil exports.
Russian mercenaries seize Sharara
Russian mercenaries are reported to have arrived at the Sharara oilfield, Libya’s National Oil Corp. (NOC) has said.
Turkey slates Macron over Libya talk
Turkey has criticised French President Emmanuel Macron for his comments on Libya, as external actors amp up their rhetoric on the need for action.
Tank collapses at Sharara amid fragmented conflict
A tank has collapsed at Libya’s Sharara field, the National Oil Corp. (NOC) has reported.
El Feel shutdown follows Sharara
Libya’s National Oil Corp. (NOC) has announced that the El Feel field has stopped producing following the arrival of an armed group.
Militia seizes Sharara
A militia has seized the Sharara field, south of Tripoli, and has demanded oil production be halted, the National Oil Corp. (NOC) has reported.