Libya’s oil production has risen in the past two weeks, bringing hope the OPEC member’s exports can stabilize at more than 1 million barrels a day and provide relief to a tight global market.
Libyan exports appear to be restarting following the appointment of a new chairman to state-owned National Oil Corp. (NOC).
Pandemonium has broken out at the Tripoli headquarters of National Oil Corp. (NOC) with the arrival of a new chairman, while the incumbent refuses to quit.
Libya’s National Oil Corp. (NOC) has lifted force majeure at the Brega and Zueitina terminals, allowing in a tanker.
National Oil Corp. (NOC) has declared force majeure at Es Sider and Ras Lanuf, joining the Brega and Zueitina terminals.
Libya’s National Oil Corp. (NOC) has warned that it may call force majeure on its Gulf of Sirte loadings within the next 72 hours.
The head of Libya’s National Oil Corp. (NOC) has highlighted the North African country’s role in meeting Europe’s energy security needs and downplayed the risks.
Libya’s National Oil Corp. (NOC) has declared force majeure at its Brega terminal, while warning of a broader impact on the country from stoppages.
BP, TotalEnergies and ConocoPhillips executives have held talks with Libya’s National Oil Corp. (NOC) on the sidelines of the CERAWeek conference, in Houston.
Libyan production has dipped below 1 million barrels per day following the latest pipeline stoppage by “suspicious gangs”.
Arabian Gulf Oil Co. (Agoco) has begun producing from the Tahara field, in the Ghadames Basin.
Sonatrach has signed a memorandum of understanding (MoU) on restarting work in Libya, which has been on hold since 2011.
Waha Oil has completed maintenance on a pipeline section faster than expected, returning 200,000 barrels per day of production to Libya’s output.
A militia group has shut down a number of Libyan fields, while conflict between the oil ministry and the National Oil Corp. (NOC) heightens in the run up to the presidential election.
Clashes have “severely damaged” the Zawiya refinery, Libya’s National Oil Corp. (NOC) has reported.
Tatneft has relaunched operations in Libya, starting work on an appraisal well in the Ghadames Basin.
Libya’s National Oil Corp. (NOC) has officially launched a unit in the UK with the aim of improving collaboration with local companies.
Exports have resumed from a number of ports in Libya, with local protestors agreeing to end their occupation.
Libya’s National Oil Corp. (NOC) reassured Schlumberger on September 12 that there was a plan to pay down debts.
The Libyan prime minister has stepped in to smooth over the dispute at the National Oil Corp. (NOC).
Libya’s oil minister has called for the removal of the head of the National Oil Corp. (NOC), although progress is likely to be slow.
Sonatrach has discussed the possibility of returning to work in Libya, at Contract Areas 065 and 96/95.
National Oil Corp. (NOC) has lifted force majeure at Marsa al Hariga following progress from the government on paying its bills.
Libya’s budget crisis threatens to derail operations at Sirte Oil Co. (SOC), with the company’s leadership calling for help from parent National Oil Corp. (NOC).
The National Oil Corp. (NOC) has declared force majeure at its Marsa al Hariga terminal, as of April 19, blaming the Central Bank of Libya (CBL).