OMV Expects €200 Million Impact Due to Libyan Oil Disruptions
Austrian oil and gas company OMV announced on Tuesday that it expects a financial impact exceeding €200 million ($220 million) ...
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Tag: Libyan Oil
Libya Targets 1.2 Million Barrels a Day as Oil Fields Reopen
The head of the General Oil Workers Union, Salem Al-Rumaih, confirmed that all Libyan oil fields, including the Sharara field, ...
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UN Stresses Need for Equitable Management of Libya’s Oil Revenues
On Thursday, the United Nations Support Mission to Libya (UNSMIL) called for Libya’s oil revenues to be managed through the ...
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Libya Lifts Force Majeure on Oil Fields & Ports
On Thursday, the Libyan Parliament-designate government, led by Prime Minister Osama Hammad, lifted the state of force majeure on all ...
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US & UK Support New Central Bank Governor in Libya
The United States and United Kingdom have welcomed the appointment of a new Governor and Deputy Governor for the Central ...
Read moreMalta Willing to Rejoin Libyan Oil & Construction Projects
On Tuesday, Mohamed Aoun, the Libyan Minister of Oil and Gas in the Government of National Unity (GNU), hosted the ...
Read moreLibya & US Discuss Bolstering Oil Production
The Special Envoy of the United States to Libya, Ambassador Richard Norland engaged in discussions with Farhat Bengdara, the Chairman ...
Read moreLibyan Oil Disruptions Impact Mediterranean Trade
An economic report featured in the Cypriot newspaper, “Hellenic Shipping News Worldwide,” has highlighted the significance of Libyan oil exports. ...
Read moreLibya’s Oil Production Declines to 950,000 bpd
The Libyan Minister of Oil and Gas, Mohamed Aoun said that current oil production declined to 950,000 barrels per day, ...
Read moreLibya’s Oil: A Ray of Hope in the Nation’s Troubled Political Saga
Despite the absence of a unified government and a clear timeline for national elections, Libya continues to be a focal ...
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