Tripoli, Libya -- Libya's state-owned energy firm said on Sunday it had declared a state of "force majeure" at Al-Sharara oilfield after production at the major facility was suspended due to protests. The National Oil Corporation (NOC) said in a statement it had taken legal action for the southwestern oilfield, which...
Libya and Italy sign US$8bn gas deal as Europe searches for energy
The agreement was signed in the presence of Meloni and her host Abdulhamid Dbeibah, who heads the UN-brokered Government of National Unity which is contested by a rival administration in the east.Libya tells foreign energy firms it’s safe to return
TRIPOLI, LIBYA - Libya's state energy firm urged its foreign oil and gas partners to resume exploration and production Tuesday assuring them security had begun to improve dramatically after clashes earlier this year. Rival administrations in east and west have vied for power since March, in a standoff that has...
US warns against conflict as Libya appoints new chief for key oil firm
Libya's government replaced the head of the key National Oil Corporation on Thursday in a dramatic move that prompted the US to warn against any "armed confrontation" over the sector. The North African country's vast oil reserves have often been at the heart of political disputes, but the NOC had...
Libya’s state oil company chief resists move to replace him
Libya's Tripoli-based government has named a new head of the state oil company to replace veteran technocrat Mustafa Sanalla, who refused to give up his post. Unlike many other Libyan state bodies, the National Oil Corporation, led by Sanalla since 2014, has largely managed to remain neutral in the face...
US calls for ‘immediate’ end to Libya oil shutdowns
Libya's reduced output also comes as global oil prices remain under pressure since Russia, an OPEC+ producer, invaded Ukraine in February.
Libya’s energy sector paralyzed as second oil export terminal is shut
The suspension of operations at Brega terminal, which has an export capacity of 60,000 barrels per day, follows a force majeur and closure on Monday of Zueitina port and several other major sites in the "Oil Crescent" region of eastern Libya.Key Libyan oil export port closed amid shutdown ‘wave’
Libya's National Oil Corporation announced Monday the closure of operations in major oil fields after staff in the key export terminal of Zueitina were blocked from working. "The National Oil Corporation is obliged to declare a state of force majeure on the oil port of Zueitina, including all fields and...
Libya’s National Oil Corporation announces closure of Al-Fil oil field
Libya's National Oil Corporation announced Sunday the closure of production at a major oil field in the country's south, declaring a "force majeure". "On Saturday... the Al-Fil field was subjected to arbitrary closure attempts, due to the entry of a group of individuals and the prevention of the field's workers...
Oil restarts to flow in Libya as gunmen lift blockade
Libya's National Oil Corporation said Tuesday that an armed group blockading two major oil fields had lifted its siege and that production had resumed at one of them.
Gunmen cause shutdown at two oil fields in Libya
The National Oil Corporation declared “force majeure” at the Al-Sharara and Al-Fil fields due to the shutdown, according to a statement published on Facebook.
Algeria’s Sonatrach signs deal to restart Libya operations
The Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar.
Libya oil company chief appeals for state investment
The National Oil Corporation is trying "to maintain a level of production of 1.2 million barrels per day" but hopes for state investment in order to boost output.
