Libya had to close down the western El Feel oilfield on Saturday (April 25), due to the strike of the country’s security guards over salary.
Tag: Libya
Libya Fighting Spreads: Extremists Seek to Capture More Oil and Gas Resources
As Libya’s armed groups fought for control over the country’s largest oil depot in the eastern port of Es Sider, a rocket set a storage
Libya’s Major Oilfield Remains Shut Down
Libya’s El Sharara oilfield, one of the OPEC’s biggest ones producing about 200,000 barrels per day remains closed down. The closed field is a result
Two Libya’s Governments Claim Control of Oil
The rival government controlling Tripoli, Libya’s capital, announced its own policies last week, thus putting itself in the opposition to Prime Minister Abdullah al-Thinni who
OPEC Expected to Lower Production Target
The secretary general of the Organization of Petroleum-Exporting Countries (OPEC), Abdullah al-Badri, said that his organization was planning to lower its production objectives during its
Libya Resumes Oil Shipments after a Year-Long Halt
Libya loaded its first oil shipment on Tuesday (12 August) from its port of Ran Lanuf since it was closed by insurgents a year ago.
A $100–Billion Plan to ‘Fix’ Algeria’s Moribund Resources Sector
Algeria’s state-owned firm, Sonatrach, has announced a plan to invest about 100 billion USD into the country’s energy sector between 2014 and 2018 with the
Libya’s Oil Output Blunders due to Fighting in Tripoli
Libya’s oil output recently slipped again after it had already increased since April this year. The current fall in oil production had been caused by
Libya Resumes Selling Oil from Rebel-Controlled Terminals
The Libyan National Oil Corp (NOC) has “freed” the first crude oil from the major oil terminal Ras Lanuf located in the east of the
Global Oil Demand to Accelerate Next Year
Global oil demand will expedite next year as the global economy resumes its growth. The demand will again encounter not only increasing growth rates across