Libya’s internationally-unrecognised eastern-based government is shutting down oilfields in response to “attacks on the leadership and employees of the Central Bank of Libya”, its prime ...
The United Nations Libya mission said late on Thursday it was concerned about reports of forces mobilizing in Tripoli and threats of force to resolve a crisis over control of the central bank.
Oil production at several Libyan oilfields was halted on Tuesday after the rival government in the east announced on Monday a stop to all oil production and exports from OPEC’s African producer.
Libya’s crude exports continued to slump as UN-led talks failed to break an impasse over control of the country’s central bank that has spilled over into its oil industry. Exports slumped to a ...
Another oilfield in Libya stopped nearly all output on Wednesday as shutdowns at the country’s oil-producing facilities continue over a political standoff over the leadership of the OPEC ...
The news out of Libya that tends to grab international attention often involves stark tragedy and disaster. If it’s not the harrowing civil war that has convulsed the oil-rich North Africa ...
BENGHAZI (Reuters) -Oilfields in eastern Libya that account for almost all the country's production will be closed and production and exports halted, the eastern-based administration said on ...
CAIRO, Sept 3 (Reuters) - Libya's two legislative bodies agreed on Tuesday to appoint jointly a central bank governor, potentially defusing a battle for control of the country's oil revenue that ...
Libya’s crude exports continued to slump as UN-led talks failed to break an impasse over control of the country’s central bank that has spilled over into its oil industry. Exports slumped to a ...
"Against a backdrop of geopolitical risk, Libya is costing us real barrels - barrels of light-sweet crude that, at this time, cannot be easily replaced," Phil Flynn, senior market analyst at the ...
Dispute over central bank leads to shutdowns Oil Crescent ports' exports halted About 700,000 bpd offline on Thursday Libya pumped 1.18 million bpd in July Consulting firm sees disruption lasting ...
Libya, a major oil producer on the Mediterranean, has had little stability since a 2011 NATO-backed uprising. The country split in 2014 between warring eastern and western factions, eventually ...