Libya spent over one billion dollars on imported fuel in May alone, with the National Oil Corporation contracting 17 tankers ...
Libya's oil production has been repeatedly disrupted due to ongoing conflicts between various factions since the removal of Muammar Gaddafi in 2011. The latest shutdown has reduced Libya’s oil output ...
After more than a decade of instability, U.S. and European majors such as ExxonMobil, Chevron, Shell, BP, and Eni are re-entering Libya. Libya’s UN-recognized government is courting Washington to ...
Kpler, a company specializing in energy and commodities market analysis, has predicted a significant boost to Libya's ...
Add Yahoo as a preferred source to see more of our stories on Google. A general drone view shows the Nafoora oil field in Jakharrah (Reuters) - Libya's latest oil shutdown has pushed up global energy ...
With more than 40 companies having now registered their interest in Libya’s first oil field licensing round since the removal of Muammar Gaddafi as leader in 2011, the National Oil Corporation (NOC) ...
Oil prices extended losses on the back of Libya's oil production coming back online and a persistent weak demand in China. Global benchmark Brent slipped 0.57% to $73.33 a barrel, while U.S. West ...
A political standoff in Libya risks once more paralyzing the north African country's lucrative oil sector. But the frequency of its power tussles and crude disruptions have left long-term oil price ...
In Zawiya, home to one of the oil-rich country’s biggest refineries, rival gangs clash over the trafficking of fuel and commercial goods into neighbouring Tunisia. View on euronews ...
Much of the focus in the oil market has been on the Middle East for months — but on Monday, attention was turning to North Africa, with reports that Libya’s eastern government had halted crude exports ...
(Reuters) - Libya's latest oil shutdown has pushed up global energy prices. This explains the situation. HOW DID WE GET HERE? Since the 2011 NATO-backed uprising that toppled Muammar Gaddafi and ...