Trial International has filed a criminal complaint against Kolmar Group with the Office of the Attorney General in Switzerland.
Turkey’s Ministry of Foreign Affairs has warned that any attempts by General Khalifa Haftar to target its interests in Libya would have “severe consequences”.
Repsol and the National Oil Corp. (NOC) are making progress with their plans to produce LPG at the Sharara oilfield, in southern Libya.
“Baselines matter” is one takeaway from the deal brokered over the weekend to save the market.
Crises are proliferating in Libya, with the conflict continuing to rage despite high-level assurances of ceasefires in response to the coronavirus pandemic.
Libya’s National Oil Corp. (NOC) has reported revenues of $555 million in February, down 68.6% from January’s $1.21 billion.
Coronavirus has begun to spread in Africa, triggering governments to impose lockdowns and take steps to tackle the pandemic.
Libya’s National Oil Corp. (NOC) has accused the United Arab Emirates of contravening the United Nations arms embargo by delivering fuel to Benghazi.
Libyan oil production has slipped below 100,000 barrels per day, the National Oil Corp. (NOC) has said, amid warnings of fuel shortages.
Libya’s production has fallen to 122,430 barrels per day as of February 23, the country’s National Oil Corp. (NOC) has said.
The port of Tripoli was struck by projectiles on February 18, Libya’s National Oil Corp. (NOC) has said, which nearly hit an LPG tanker.
Libya’s National Oil Corp. (NOC) has shuttered its Zawiya refinery on February 8, triggering a shutdown at the Sharara field.
Libya’s oil production has fallen to just over 260,000 barrels per day as a result of the blockade, imposed by the Libyan National Army (LNA).
The Libyan National Army’s (LNA) decision to halt exports from a number of ports brings more pressure to bear on the Tripoli-based Government of National Accord (GNA) but does little to upset the international oil market.
Oil fell below $65 a barrel as ample global supplies offset the loss of exports from Libya, while Europe considered a military mission to help enforce an arms embargo and a potential cease-fire in the OPEC producer.
As world powers met in Berlin to hash out a way forward in Libya, local pressures in the North African state took virtually all of its oil production offline.
While high-level meetings continue in trying to bring some sort of resolution to Libya’s conflict, the National Oil Corp. (NOC) has continued producing hydrocarbons and its commitment to transparency.
The Russian-Turkish ceasefire talks for Libya fell apart on the opposition of General Khalifa Haftar on January 13, with the head of the Libyan National Army (LNA) walking away from meetings in Moscow.
A ceasefire in Libya driven by Turkey and Russia has received backing from the two major factions in the North African country, with hostilities having officially stopped on January 12.
Russia and Turkey have called for a ceasefire in Libya, to come into force as of midnight January 12.
The civil war in Libya is escalating as mercenaries, supplied by Turkey, have been mobilised to support the Tripoli-based Government of National Accord (GNA).
Oil held gains near the highest level in more than three months on indications of shrinking U.S. crude stockpiles and optimism in the global economic outlook.
Israel has approved permits to export gas to Egypt, from offshore fields. First exports are expected in January.
Wintershall’s local subsidiary has signed two exploration and production-sharing agreements (EPSAs) with Libya’s National Oil Corp. (NOC) after compromising on licence terms.
Total has reached an agreement with Libya’s National Oil Corp. (NOC) on the French company’s acquisition of a stake in the Waha concessions.