Tuesday 27 January 2015
 
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libya

Libya producing 363,000 bpd of oil: rival minister

Oil output from Libya, where ports and oilfields have been shut due to fighting, has fallen to 363,000 barrels a day (bpd) with exports at about 200,000, the oil minister appointed by forces in control of the capital Tripoli told Reuters

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Oil embargo among EU options to press for peace in Libya

An oil embargo is one tactic the European Union (EU) could use to press for a solution to the crisis in Libya, according to a discussion paper drawn up by the EU's diplomatic service. &nbs

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Libya's factions agree to new talks in Geneva

Libya's factions have agreed to a new round of UN-backed negotiations to attempt to end the conflict destabilising the North African country three years after its civil war ousted Muammar Gaddafi. The meeting, announced after

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Libyan warplane bombs Greek-operated oil tanker at port

A Libyan warplane from forces loyal to the internationally recognised government bombed a Greek-operated oil tanker anchored off the coast, killing two crewmen in an escalation of hostilities between factions vyi

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Turkish Airlines suspends Libya flights amid security concerns

Turkish Airlines, the last foreign airline operating in Libya, said on Tuesday it was suspending all flights to the north African country over concerns about worsening security. Turkey's flag carrier suspended all Misrata flights on

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Libyan warplane bombs Greek-operated oil tanker

A Libyan warplane from forces loyal to the internationally recognized government bombed a Greek-operated oil tanker anchored offshore, killing two crewmen in an escalation of a battle between the country's rival factions. The

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Fire at Libyan oil port destroys up to 1.8m barrels of crude

A fire raging for almost a week at Libya's biggest oil port of Es Sider has destroyed up to 1.8 million barrels of crude and damaged seven storage tanks, causing total damage of $213 million, a top oil offici

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Oil falls towards $57 over weak demand fears

Brent crude prices edged towards $57 a barrel on Wednesday as weak Chinese manufacturing data and demand concerns outweighed supply disruptions in Libya. China's factory sector shrank for the first time in seven months in Dece

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Libyan oil output shrinks more as oil tanks blaze

Libya's oil output has shrunk further after blazing oil tanks at a major terminal helped push world oil prices higher and put a strain on the country's dollar currency reserves.  

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Libya managing scant oil output as fighting shuts major ports

Libya is producing 128,000 barrels of oil a day (bpd) from fields connected to far eastern port of Hariga, an oil official said, while fighting halts work at major ports Es Sider and Ras Lanuf.

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