War, ISIS attacks cost $68billion in energy revenues for Libya

Libya’s chairman of the NOC (National Oil Corporation) has claimed more than $53billion of lost revenue from the energy industry has been caused by the country’s Petroleum Facilities Guard (PFG). Figures show the country, which is battling between two different factions for power, has lost more than $68billion since 2013.


IS targets Libyan oil terminal, promises more attacks

ISIS (Islamic State) has attacked installations close to Libya’s Ras Lanuf terminal as it threatened of more attacks in coming days. According to reports from the region, at least two storage tanks from the Harogue Oil Operations company were set on fire near to the country's leading oil terminal.

Oil & Gas

Libya’s NOC empties storage tanks after ISIS attacks

Libya’s National Oil Corporation has emptied storage tanks as a precaution after attacks by ISIS (Islamic State) on the country’s two biggest oil ports last week. An official from the company said the tanks in Ras Lanuf had been emptied and moved to a safer location.

Other News

Libya truck bombing kills at least 60 police officers

A massive truck bomb exploded near a police base in the western Libyan town of Zliten, killing at least 60 police officers and wounding around 200 others, officials have said. No group immediately claimed responsibility for the attack but a local Islamic State affiliate has been trying to gain a foothold in Zliten, spreading westward from its central stronghold of Sirte along the North African country’s coast.

Oil & Gas

ISIS resume attack on Libyan oil port

Islamic State (ISIS) have resumed an attack as they clash with guards in a bid to enter Libya’s oil port of Sidra. The fierce battles have reportedly left two members of the Petrol Facilities Guard militia dead.

Oil & Gas

ISIS in bid to take Libyan oil port

Islamic State (ISIS) militants have been battling to seize the largest oil depot in Libya, according to reports. The Telegraph said the terror group, which previously gained control of former leader Colonel Gaddafi’s home city of Sirte, has reportedly been involved in clashes with guards trying to protect Sidra oil port.