Libyan Oil Revenues Fall to Zero as Ports Blocked
Libya's vital oil revenues fell to zero in January, the central bank said on Monday, after forces and tribesmen allied to eastern commander Khalifa Haftar blocked major oil ports.Haftar…
NOC Condemns Calls for Oil Export Terminals to be Shut
Libya's state oil firm NOC on Friday condemned calls to shut oil export terminals in eastern Libya controlled by military commander Khalifa Haftar ahead of a summit in Germany where he…
Oil Hits $70 a Barrel
Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike which…
OPEC July Oil Output Hits 2018 Peak, but Outages Weigh
OPEC oil output has risen this month to a 2018 high as Gulf members pumped more after a deal to ease supply curbs and Congo Republic joined the group, a Reuters survey found, although losses…
Terrorists Likely Responsible for Libya Pipeline Blast
A "terrorist group" is probably responsible for the explosion on a Libyan crude pipeline on Tuesday, a spokesman for an eastern Libyan petroleum protection force said on Wednesday. The…
Libyan Crude Pipeline Blast Blamed on Attackers
Armed men blew up a Libyan pipeline pumping crude oil to Es Sider port on Tuesday, reducing the North African country's output by around 90,000 barrels a day, military and oil sources said.
UN Resolution Targets Libyan Fuel Smugglers
The U.N. Security Council has extended sanctions on illegal oil exports from Libya to cover refined petroleum products as well, in a bid to stem rampant smuggling of subsidised fuel by sea.
Libyan Oil Output Rises after Port Fighting Ends
Libya's oil production has reached 700,000 barrels per day (bpd), the National Oil Corporation (NOC) said on Wednesday, recovering from a drop earlier this month caused by fighting at two key oil ports.
East Libyan Oil Firm AGOCO Says Production Rises
Libya's Arabian Gulf Oil Company (AGOCO) said on Monday that its production had risen to 320,000 barrels per day (bpd), from 290,000 bpd late last week. The increase had come after production at Sarir field rose to around 200…
Libya Exports First Oil Cargo From Ras Lanuf Since 2014
An oil tanker left the Libyan port of Ras Lanuf for Italy early on Wednesday with the first crude export cargo from the terminal since at least late 2014, boosting hopes of reviving Libya's battered oil output.
Libya Resumes Oil Exports from Some Major Ports
Libya is resuming oil exports from some of its main ports which forces loyal to eastern commander Khalifa Haftar seized in recent days and has lifted related "force majeuere" contractual clauses…
Western Nations Urge Calm at Libyan Port
Western countries including the United States, France and Britain said in a joint statement on Wednesday they were concerned by mounting tension around the Zueitina oil terminal in Libya.
NOC Cancels Two Oil Cargoes in Dispute with East
Libya's National Oil Corporation (NOC) based in Tripoli said on Thursday it had cancelled two oil cargoes from its May export program because a rival NOC in the east is blocking exports from Marsa al-Hariga.
Libya Eastern Oil Company Blocks Tanker Loading Crude for Tripoli Rival
An oil company set up by Libya's eastern government is preventing a tanker from loading a cargo for its Tripoli rival, the National Oil Corporation (NOC), officials said on Tuesday. The eastern company…
Blacklisted Tanker Returns to Libya's Zawiya Port
A tanker that Libya's rival eastern government had been using to try to export oil in defiance of the Western-backed administration in Tripoli returned to the country on Saturday, after it was blacklisted by the United Nations…
Eastern Libya Ships First Oil Cargo in Defiance of Tripoli
A government based in eastern Libya has shipped its first cargo of crude in defiance of authorities in the capital Tripoli, a bold move that could deepen the divisions that have brought chaos since the fall of Muammar Gaddafi.
Libya's NOC Warns of More Islamic State Attacks
Fida oil field was attacked by militants last week - NOC. Libya's oil facilities are likely to suffer further attacks unless a United Nations-backed unity government is approved, the head…
NOC Empties Ras Lanuf Storage after Islamic State Attacks
The Libyan National Oil Corp (NOC) has emptied oil storage tanks at the Ras Lanuf terminal as a precaution after Islamic State militants attacked the country's two biggest oil ports last week…
Libya Oil Company Empties Tanks in Ras Lanuf after Attacks
Libya's National Oil Corporation has emptied oil storage tanks in Ras Lanuf as a precaution after the Islamic State group attacked Libya's two biggest oil ports last week, an official from the company said on Monday.
Power Plant hit by Shelling in Libya's Benghazi
A major power plant in the eastern Libyan city of Benghazi has been attacked by militants, an army commander and a plant employee said on Saturday. The employee said the shelling started…