Oil prices jumped by nearly 3% early on Monday, buoyed by fears of escalating conflict in the Middle East and Libya’s rival government in the east announcing the closure of all oilfields, production, ...
Much of the focus in the oil market has been on the Middle East for months — but on Monday, attention was turning to North Africa, with reports that Libya’s eastern government had halted crude exports ...
Libya’s biggest oil field halted production on Monday after the operator was forced to gradually cut output over the weekend, according to two people familiar with the operations. Output at Sharara in ...
Congolese President Sassou Nguesso is due to visit Tripoli and Benghazi from 9 to 11 December, with the aim of getting Libya’s rival governments – led by Prime Minister Abdelhamid Dbeibah in the west ...
Supermajors ExxonMobil, Chevron, TotalEnergies, and Eni are competing in Libya’s first oil bid round in 18 years, ‏Masoud Suleman, chairman of Libya’s National Oil Corporation (NOC), told Bloomberg in ...