Libya was initially exempt from the OPEC production cuts together with Nigeria because of the violence in the two countries.
Read More »Oil Climbed as Geopolitical Risk Resurfaces in Libya
Oil prices are responding to the tightening of supply due to the Libyan production halt.
Read More »Shutdown of Libyan El Sharara Oilfield from Pollution Protest
Boosting capacity at the field requires much-needed investment that NOC has been struggling to secure.
Read More »New U.S. Sanctions Aims Oil Smugglers in Libya
Production from at least one Libyan oil field has also been disrupted by a dispute over security guards’ pay.
Read More »Libyan Outage Caused Oil Prices Rise
Oil prices surged on Friday after the shutdown of a key oilfield in Libya.
Read More »NOC Declares Force Majeure on 70.000 bpd El Feel Oilfield
The field is operated by a joint venture between state-owned NOC and Italy’s Eni.
Read More »Libya Looks for Diversify Oil-Based Income sources
Libya boasts oil reserves of 41 billion barrels. perhaps the largest in Africa.
Read More »Wintershall Restarts Libyan Oil Production
Libya. along with Nigeria. is formally excluded from an effort by the OPEC to balance an oversupplied market with coordinated production cuts.
Read More »Libyan Oil Fields Reopened after Months of Closure
Libya is politically divided between eastern and western authorities. including two oil corporations.
Read More »Libya Oil Production Is Back to Normal
The damaged parts had been replaced and flows would start returning to previous levels.
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