Saturday 28 March 2015
 
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libya

Libya's state oil firm NOC operating independently

Libya's state oil firm NOC based in the Tripoli is operating independently, said a minister of a rival government of the North African that controls the capital city. Last week, the internationally recognised government based

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Tunisia closes airspace to western Libya again

Tunisia has again closed its airspace for flights from western Libya, an official said on Tuesday, just days after allowing Libyan planes from Tripoli back for the first time in around six months. "We've suspended tempora

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Libya's recognised government says oil sales must go through Eastern firm

Libya's internationally recognised government said of the country's oil should be arranged through a state firm based in Benghazi under its leadership to prevent fraud.   If implemented, the decision woul

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Tunisia to reopen airspace for Libyan flights to Tripoli

Tunisia will reopen part of its airspace to flights from western Libya for the first time in around six months, following the re-establishment of its consulate in Tripoli, a senior official said on Tuesday. Last year Tunisia halte

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Libya oil production is close to 490,000 bpd

Libya's oil production has risen to around 490,000 barrels a day (bpd), an industry source said.   The Opec producer managed to restart the El-Feel and Wafa oilfields in western Libya while maintaining produc

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Oil embargo should be considered if Libya talks fail, Spain says

Spain said the European Union (EU) should consider an oil embargo and freezing of Libyan central bank assets if UN-brokered talks to resolve the country's political crisis failed.   EU foreign ministers agree

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Tanker lifts 1m barrels of crude at Libyan port

A tanker has lifted one million barrels of crude at the eastern Libyan Hariga port, an oil official said on Wednesday. Another tanker was expected to dock at the port later this week, he said, asking not to be named.

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Libya to export 2m barrels of oil this week

Libya is set to export more than two million barrels of crude oil this week from two ports in the east where output has topped 245,000 barrels per day, oil officials said. Rising exports from the ports of Hariga and Zueitina offer some

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Brent climbs above $61 on Mideast supply concerns

Brent crude rose above $61 a barrel on Friday amid geopolitical tensions in Libya and Iraq, while traders eyed US rig counts and the outcome of Iran nuclear talks for further trading cues. Fighting has escalated in northeast Iraq

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Libya oil production now at 400,000bpd

Libya's oil production is now at more than 400,000 barrels per day (bpd), an increase from recent levels when fighting between rival armed groups closed two key ports, an official from the National Oil Corporation said. Libya&

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