Sunday 25 September 2016
 
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libya

Libya exports first oil from Ras Lanuf since 2014

An oil tanker left the Libyan port of Ras Lanuf for Italy early on Wednesday with the first crude export cargo from the terminal since at least late 2014, boosting hopes of reviving Libya's battered oil output. The port manage

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Oil prices drop as growing supplies stoke glut concerns

Oil prices fell more than 1 per cent on Friday as news of rising Iranian exports and returning supplies from Libya and Nigeria following interruptions fuelled concerns that the global glut will persist. Benchmark Brent crude futur

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Libya resuming oil exports from some major ports

Libya is resuming oil exports from some of its main ports which forces loyal to eastern commander Khalifa Haftar seized in recent days and has lifted related "force majeuere" contractual clauses, the National Oil Corporation (NOC) said

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Libya set to restart oil exports from seized ports

Libya's National Oil Corporation (NOC) said on Tuesday it would immediately start working to resume crude exports from ports seized in recent days by forces loyal to eastern commander Khalifa Haftar. Welcoming pledges from Haf

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Libya's NOC looks to load 1st crude cargo at Ras Lanuf port since end-2014

Libya's state National Oil Corp is looking to charter a tanker to load 80,000 tonnes of crude oil from its major Ras Lanuf terminal that has been shut since December 2014, sources familiar with the matter said.  

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Libya's NOC says tanker will transfer oil from threatened port

Libya's National Oil Corporation (NOC) said on Thursday that rival forces had agreed to let a tanker dock at Zueitina port to load oil and take it to a safe place. The NOC expressed concern earlier this month after reports of

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Libya needs big spend to boost vital oil revenue

Libya's plans to increase oil output by five-fold by the end of the year will remain out of reach until the government allocates funds to repair the damage to oil infrastructure, the National Oil Corp's chief told Reuters.

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Libya needs big spend to boost vital oil revenue

Libya's plans to increase oil output by five-fold by the end of the year will remain out of reach until the government allocates funds to repair the damage to oil infrastructure, the National Oil Corp's chief told Reuters.

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Libya's NOC calls on rival factions to protect Zueitina terminal

Libya's state oil company on Sunday called on rival armed factions to avoid damaging the oil terminal in Zueitina, following reports of possible clashes at the eastern port.   The National Oil Corporation (NO

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US begins bombing Islamic State in Libya

US planes bombed Islamic State targets in Libya on Monday, responding to the U.N.-backed government's request to help push the militants from their former stronghold of Sirte in what US officials described as the start of a sustained campaig

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