Tag: Libya
Libyan oil guards say closed two oilfields over payment delays
Libyan oil guards say closed two oilfields over payment delays By Ahmed Elumami TRIPOLI, Aug 30 (Reuters) – A Libyan armed force controlling some of the country’s southern oilfields has stopped pumping at two of them because the government has not paid the funds needed to maintain security operations, a brigade commander said on Tuesday. The […]
Western nations urge calm at Zueitina oil port in Libya
Zueitina oil port one of three eastern ports blocked by Petroleum Facilities Guard PARIS, Aug 10 (Reuters) – Western countries including the United States, France and Britain said in a joint statement on Wednesday they were concerned by mounting tension around the Zueitina oil terminal in Libya. Washington, Paris, London and the governments of Germany, Spain and […]
Libya oil production slashed as export row rages
Libya oil output cut by over half By Ayman al-Warfalli BENGHAZI, Libya, May 9 (Reuters) – Libya oil output has fallen to a trickle amid a standoff over export rights that prevented trading giant Glencore from loading a tanker. Libya is producing around 200,000 to 220,000 barrels per day (bpd) after the largest National Oil […]
Oil prices up as Canada fire, Libya violence unleash supply fears
Oil prices rise 3 per cent By Barani Krishnan NEW YORK, May 5 (Reuters) – Oil prices surged on Thursday after a raging wildfire near Canada’s oil sands region curbed output that mainly flows to the United States, before settling off their highs as a rebounding dollar and a huge U.S. stockpile build cut […]
Attacks on Libyan oil industry cost country $68B: Industry chief
Libyan oil attacked by Islamic extremists LONDON_Libya will fall further into chaos if its political factions don’t quickly form a unity government, the head of the state oil company warned Monday, noting the country has already lost some $68 billion in oil sales because of attacks by Islamic extremists. Mustafa Sanalla, who is in London […]
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