Friday 31 October 2014
 
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libya

Opec needs oil cut of at least 500,000 bpd: Libya

Opec should cut its oil output by at least 500,000 barrels per day (bpd), a Libyan oil official said, to tackle oversupply and support prices that have slid to a four-year low.    The 12-member Organization

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Turkish Airlines to restart Libya flights next week

Turkey's special envoy to Libya that Turkish Airlines would resume flights to the eastern Libyan city of Misrata next week, the first foreign carrier to fly to the country since fighting there worsened in July. Three years after the

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Two rival Libyan governments claim to control oil policy

A self-styled rival government controlling Libya's capital announced its own oil policies this week, drawing a rebuttal from Prime Minister Abdullah Al Thinni who said oil revenues continued to go to the elected government. &n

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Libya is producing more than 800,000 bpd of oil

Libya is producing more than 800,000 barrels a day of oil, Prime Minister Abdullah Al Thinni said.   He also told a pro-government television channel in an interview broadcast that Libya oil revenu

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Tripoli's new rulers take over govt, oil websites

A self-declared government set up by an armed group that seized the Libyan capital in August has taken over the websites of the state administration and the national oil company, adding to confusion over who is running the country.

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Libya oil output slips below 900,000 bpd

Libya's oil production has slipped below 900,000 barrels per day because of an ongoing sit-in protest at Sirte oil company by local residents demanding jobs, a source at the National Oil Corporation (NOC) said.  

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Opec oil output hits highest since 2012 on Libya, Saudi

Opec's oil supply jumped to its highest in almost two years in September due to further recovery in Libya and higher output from Saudi Arabia and other Gulf producers in the face of sub-$100 per barrel oil prices, a report said.

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Strike cuts Libya's oil output to 900,000 bpd

Libya's oil output has fallen by 25,000 barrels per day (bpd) to 900,000 bpd because of a strike at its Jalo oilfield, a spokesman for state-run National Oil Corp (NOC) said.   Output is still nine times more

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Libya's eastern Hariga port back to normality, exports 120,000 bpd

Libya's eastern Hariga oil port has fully recovered from eight months of blockades by protesters and is exporting more than 120,000 barrels per day (bpd), port officials said.   Hariga, located in Tobruk near

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Libya's El Sharara field operating, but Zawiya refinery still closed

Libya's El Sharara oilfield is operating, but the Zawiya refinery it connects to is still closed after storage tanks there were damaged during fighting between armed groups, a Libyan oil official said.   Liby

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