Tag Archives: Libya

Libya Says Armed Clashes at Key Oil Port Damaged Storage Tanks

Libya’s state oil company said armed clashes at the western port of Zawiya have damaged several storage tanks, as a worsening political crisis engulfs the OPEC member’s energy sector. “Preliminary assessments indicate that 29 sites, including oil derivatives tanks and several other tanks, have been damaged,” the National Oil Corp. …

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Sharara Oilfield Production Hits 190.000 bpd

Akakus oil operations company said oil production at Sharara oilfield had reached 190.000 barrels per day (bpd), adding that operation work was ongoing for the third day in a row by Libyans since the resumption of operations last Monday. The company expected that Sharara oilfield would reach its normal production …

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Libya Overtakes Nigeria as Africa’s Biggest Oil Producer

A new study from the Organization of Petroleum Exporting Countries (OPEC) said that Libya has surpassed Nigeria as Africa’s biggest oil production, the Nigerian newspaper PM NEWS reported. Nigeria’s oil output decreased to around 1.23 million barrels per day (bpd) in October, down from roughly 1.25 million bpd the previous …

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