Libya earns around $20 billion per year in net revenues from oil and gas exports, which accounts for around 95 percent of state revenue. Much of this wealth pays for a bloated public sector that employs almost one third of the population, as well as for state subsidies meant to...
Drone strike targeted lawmaker’s home: Libya parliament
The UN-recognized Government of National Unity said the strikes hit "hideouts used by gangs of smugglers in fuel, narcotics and humans" and that they were ordered by interim PM Abdulhamid Dbeibah. But the country's parliament accused the Tripoli-based government of targeting the home of one of its lawmakers Ali Bouzribah,...Row between Libya council and Dbeibah’s government escalates
Accusing the government of prime minister Abdulhamid Dbeibah of preventing it from meeting, Libya's High Council of State said armored vehicles from an armed group commanded by Dbeibah's administration surrounded a major hotel in Tripoli, preventing council members from entering.
Tripoli residents ‘pick up the pieces’ after deadly clashes
Calm seemed to prevail over Tripoli for a second day Monday after the clashes -- the worst violence in the capital since a landmark 2020 ceasefire. The health ministry said 32 people were killed and 159 wounded, including an unspecified number of civilians, in the fighting that began overnight Friday...
Libya losing $60 million a day from oil facilities shutdown: Minister
Oil is the lifeblood of the North African country trying to move past a decade of conflict since the fall of dictator Moamer Kadhafi in 2011. But since mid-April Libya's two major export terminals and several oil fields have been held hostage to the country's latest political schism.Libya’s oil industry falls hostage again to political schism
The National Oil Company (NOC) has this week declared a halt to operations at two major oil export terminals and several oilfields, halving output to about 600,000 barrels per day in a country that sits on Africa's biggest oil reserves.Libya armed groups step back after Tripoli escalation
Libya has had rival administrations since the eastern-based assembly swore in a prime minister earlier this month in a challenge to interim premier Abdulhamid Dbeibah.
UN warns of clashes in Libya as armed groups mass near Tripoli
On Thursday, the US ambassador in Libya, Richard Norland, also expressed fears over an escalation.Libya has 2 prime ministers after parliament vote
The emergence of the new government once again gives Libya two prime ministers, as was the case between unrest-plagued 2014 and 2020.
Libya parliament names second PM to rival existing one
Libya faced the challenge of two prime ministers on Thursday after parliament named a rival to the existing unity government's chief Abdulhamid Dbeibah, hours after his convoy was targeted in a shooting. The appointment of a second prime minister threatens to spark a new power struggle in the country.
Libya PM back in position after election postponed
The election, set for December 24, was meant to be the culmination of UN-led efforts to drag Libya out of a decade of conflict.
Political divisions, lack of candidates’ list cast shadow on Libya polls
Libya is to hold its first-ever presidential elections late next week, but the lack of a final list of candidates and bitter political divisions have cast doubt on whether they will take place. Polling was intended to mark a transition towards peace, but many now fear it could instead reignite...
Libya parliament withdraws confidence from unity government
Eighty-nine of the 113 MPs present in the eastern city of Tobruk voted to withdraw confidence from the Tripoli-based administration of interim Prime Minister Abdulhamid Dbeibah.
