Libya Resumes Oil Exports from Zueitina Port
Sunday, 11th October 2015
Libya has begun exporting oil again from the eastern terminal of Zueitina after production restarted at a nearby oil field, Libyan oil officials said Thursday, in a rare sign of progress in that country’s embattled industry.
Strikes in US Refinaries Decrease Libyan Exports and Boost Crude
Wednesday, 4th February 2015
WTI crude (CLH5: $51.2 +3.2%) and Brent crude (LCOH5: $56.7 +3.6%) are trading higher for a third day as they continue to find support from the strike action at refineries in the US and a slump in Libyan exports. The potential for reduced supplies of motor fuel have led to strong rallies in gasoline and gas oil, which have in turn supported crude oil.
Lybia’s OPEC Governor missing
Wednesday, 21st January 2015
Libya’s OPEC Governor Samir Kamal was kidnapped last week in the militia-held capital of Tripoli, two officials familiar with the matter said Tuesday, as turmoil continues to ravage the north African country almost four years after the collapse of its central government.
Wintershall Restarts Production at Libyan Desert
Wednesday, 19th October 2011
Wintershall has now restarted oil production in the Libyan Desert again in concessions 96 and 97. The company had suspended and sealed off production operations in the eight onshore oil fields around 1,000 kilometers south-east of Tripoli in February 2011 in view of the political situation and for security reasons.