Libya Oil Output Set to Recover Following Sharara Brief Halt

By Salma El Wardany and Saleh Sarrar Libya’s oil production is set to recover from a five-month low as the North African supplier’s biggest field restarts following a brief halt. The OPEC member’s output is expected to rise to 1 million barrels a day from 800,000 within 2-3 days as the Sharara oil field restarts […]

U.N. seeks to rally foreign backing for new Libyan peace plan

Aidan Lewis TUNIS (Reuters) – The United Nations is seeking to marshal international support this week for a new push to break a political stalemate in Libya and end the turmoil that followed the country’s 2011 uprising. The world body’s Libya envoy, Ghassan Salame, is expected to set out an “action plan” on the sidelines […]

Libya’s increased oil production thwarts OPEC’s reduction plans

By Clifford Krauss / The New York Times HOUSTON — The price of oil keeps sinking, and there is no shortage of reasons. American oil companies are producing too much petroleum. The Organization of the Petroleum Exporting Countries has not cut production enough. Motorists around the globe are not driving enough to shrink crude and […]

Will Libya’s Production Rebound As Its Largest Oil Field Re-Opens?

By Tsvetana Paraskova Libya’s biggest oil field, Sharara, which has been offline for most of the past month, is set to reopen after the Petroleum Facilities Guard (PFG) reached an agreement with protesters who have repeatedly shut down the pipelines that pump oil into the field, according to PFG chief, Brigadier General Idriss Abu Khamada. […]

Struggle for control of Libya's oil threatens to deepen conflicts

Power struggle could undermine authority of UN-backed Libyan Government of National Accord By Patrick Wintour A power struggle for control of Libya’s oil is threatening to deepen splits in the country and undermine the fragile authority of the UN-backed Libyan Government of National Accord, the GNA. The battle has forced the politically neutral chairman of the […]

No let-up yet in intensity of Libyan conflict

Given the country’s complex tribal composition and the matrix of global interests, no single party in the country’s multi-layered civil war will triumph entirely By Marwan Kabalan Last week, forces loyal to General Khalifa Haftar regained control of Libya’s coastal “Oil Crescent”, a bay, roughly 200km long, which extends between the oil ports of Sirte […]

After days of armed fighting, Libyan key oil ports resume exportation

Libya’s major oil ports of Es Sider and Ras Lanuf are resuming operations and preparing to export crude after a two-week halt in shipments due to military clashes in the holder of Africa’s largest crude reserves, according to Bloomberg. Libya’s total production rose to 646,000 barrels a day from 621,000 barrels on Sunday mostly due […]

Libya national army recaptures oil ports at Sidra and Ras Lanuf

Escalating violence intensifies row over US claims of increasing Russian influence in country The worst fighting of Libya’s three-year civil war has erupted, with battles raging for control of Tripoli and key oil ports, raising the temperature on US claims of increasing Russian influence in the country. In eastern Libya, the army of the national […]

Libya's Khalifa Haftar 'retakes oil ports from Islamist militia'

Forces loyal to Libyan military strongman Khalifa Haftar say they have retaken key oil-rich areas in the country’s east. Ground, sea and air forces were engaged in the fight for sites at Ras Lanuf, Sidra and Ben Jawad from a rival Islamist militia, a spokesman said. Meanwhile, Russia has denied reports that it has deployed […]

Russian special forces sent to back renegade Libyan general – reports

Deployment just over the border in Egypt could be in support of commander Khalifa Haftar and aimed at gaining leverage over Libya’s eventual ruler Alec Luhn in Moscow and Reuters Russia appears to have deployed special forces to an airbase in western Egypt near the border with Libya in recent days, according to US, Egyptian […]