Libya planned oil output drive weighs heavily on Opec deal
OPEC’s Libya plans to almost double crude production next year even as the producer group tries to implement a deal to trim production and ease a global supply glut.
Libya
Libya’s largest oil port may be able to ship next week
Libya’s largest oil export terminal may re-open as early as next week in a move that would provide relief for the cash-strapped country holding Africa’s largest crude reserves.
Tribal leader who helped secure Libya oil ports hurt in car bomb blast
A prominent tribal leader who helped eastern force take control of major oil ports in Libya has been wounded after a car bomb exploded.
Oil losses extended as US stocks further add to glut
Oil extended losses from the lowest close in more than a month after weekly industry data showed U.S. crude stockpiles expanded, exacerbating an inventory glut.
UK and US hold international summit on Libya
Foreign Secretary Boris Johnson has hosted international talks with US Secretary of State John Kerry aimed at finding a way to break the political stalemate in Libya.
Oil tanker leaves Libyan port for first time since 2014
An oil tanker has left the Libyan port of Ras Lanuf for Italy with the first crude export cargo from the terminal in two years.
Libya’s Arabian Golf Oil Company boosts output from Nafoura and Hamada fields
Libya's Arabian Gulf Oil Company (AGOCO) has said its output has risen to 210,000 barrels per day (bpd) after production resumed at the Nafoura and Hamada fields.
Clashes at Libyan oil ports as counter-attack repelled – officials
Eastern Libyan forces said they had reestablished control over two oil ports where an ousted faction launched a counter-attack on Sunday, briefly seizing one of the terminals.
Libya clashes halt first oil cargo from Ras Lanuf since 2014
Libya halted loading what would be the first overseas crude shipment from the port of Ras Lanuf since 2014 as rival armed forces began fighting for control of the facility, complicating efforts to end a five-year conflict that has slashed oil exports from the OPEC country.
Group of Western Governments condemn Libya oil terminal attacks
Five Western Governments have jointly condemned recent attacks on oil terminals in Libya and called for a ceasefire.
Call for action after Libya oil hub taken over by rival government
A call for military action has been made after a rival government took control of key hubs in Libya's “oil crescent”.
One of two rival chairmen of Libya sovereign fund quits
One of two men claiming the chairmanship of Libya's $67 billion sovereign wealth fund, Hassan Bouhadi, has tendered his resignation, his spokesman said on Friday.
US, UK and other nations warn over rising Libyan tensions
The US and a host of other companies have expressed concern over reported rising tensions in Libya which could harm the country's energy infrastructure.
Libya starts work at biggest oil port to increase output
Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves.
Libya ready to end blockade at key oil terminals
Libyan Petroleum Facilities Guard (PFG) commander Ibrahim Jathran said on Monday he was ready to end a blockade at key oil terminals.
Production suspended from Libyan oil terminal amid protests
Production has been suspended at an eastern Libyan oil terminal amid a protest over wages at the site.
Reopening Libya oil ports Is newly unified NOC’s ‘top’ priority
Libya’s state crude producer is seeking to reopen oil ports and restore crude output as the fractured OPEC nation struggles to reunite after five years of civil strife, according to its chairman.
Abu Dhabi merger to build oil producer dwarfing OPEC’s Libya
Abu Dhabi’s proposed merger of two of its largest sovereign investment funds would create a global energy business that produces more oil than OPEC member Libya and with more assets than ConocoPhillips.
Libya’s wealth fund to go head-to-head with Goldman Sachs
Libya's $67billion sovereign wealth fund is set to go head-to-head with Goldman Sachs this week in London's High Court amid claims the the US investment bank has been exploiting the fund.
Libya oil guard says second town captured from Islamic State
A force which controls oil terminals in eastern Libya said on Thursday it had gained further ground against Islamic State after taking a second town in as many days east of the militant group's stronghold of Sirte.
Libyan guards battle Islamic State to retake town near oil ports
Libya’s Petroleum Facilities Guard captured a town near the country’s biggest oil port of Es Sider after clashes with Islamic State militants as the divided country works to reunite factions and revive the economy and oil production.
Libyan oil fields to grind to halt due to port blockade
Fields responsible for the bulk of Libya’s oil exports will be forced to halt production within a month unless a blockade is lifted on the port of Marsa el-Hariga, according to the Tripoli-based National Oil Corp.
Tanker with disputed Libyan oil returns to country for unloading
A tanker with oil from eastern Libya returned with its cargo to the North African country after the United Nations blacklisted the shipment, amid an escalating struggle between the nation’s rival governments for control of its crude wealth.
Trump claims of Islamic State Libya oil profit disputed
US Intelligence has disputed claims by Republican presidential candidate Donald Trump over Islamic State’s (IS) activities in Libya.
UN blacklists tanker carrying `illegal’ Libyan oil near Malta
The United Nations Security Council added a tanker carrying Libyan oil to its sanctions list in response to the latest dispute between competing powers in the North African country after Malta refused to allow the ship to dock.