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04.08.2014 Libyan Fuel Tank Fire Spreading

The fire that has engulfed the fuel tanks near Libya’s Tripoli airport is spreading and according to officials there is a risk of a humanitarian and environmental disaster. One fuel tank caught fire during a battle between rival militias near the airport.

21.07.2014 Foster Wheeler-Led JV Awarded Feed Contract for Nafusah Onshore Oilfield Development in Libya

Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering Company (Taknia), has been awarded a front-end engineering design (FEED) contract by Nafusah Oil Operations

08.07.2014 Libya Opens Its Main Oil Export Ports

Libyan authorities announced that the country’s main oil terminals – Es-Sid and Ra’s-Lanuf, were to resume operations.

02.06.2014 Saudi oil output three-month high in May

OPEC's oil output has risen to a three-month high in May, a Reuters survey found on May 30, as increased supplies from Angola and a further gain in exports from southern Iraq outweighed worsening unrest in Libya.

27.05.2014 Brent rises on worries over Ukraine, Libya

Brent crude rose towards $111 per barrel on May 27 amid supply disruption worries as Ukraine launched air strikes to put down a separatist revolt and Libya struggled to rein in rebels, Reuters has reported.

13.05.2014 Libyan oil output may double

Libya’s daily oil output may double to 500,000 barrels today after protesters agreed to reopen pipelines carrying crude from fields in the country’s western region, according to officials, Bloomberg reported on May 13.

29.04.2014 Libyan oil port to re-open after damage assessed

Libya's eastern oil port of Zueitina, which had been occupied by rebels as part of an eight-month oil blockade, will reopen after damage at its facilities has been assessed, the country's justice minister said on April 27, Reuters reported on April 28.

22.04.2014 Technical problems delay reopening of Libyan oil port

Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port, a minister said on April 20, Reuters has reported.

17.04.2014 Restart of Libyan oil output hard to predict - minister

Libya's oil minister said on April 16 there was no clear timetable for the resumption of steady oil output as an end to the stand-off with rebels could still falter and the 9-month port shutdown may have damaged some facilities, Reuters has reported.

16.04.2014 Two oil, gas deposits discovered in Libya

Two new oil fields and gas have been discovered in Libya, as reported by Libya's National Oil Corporation, NOC, ANSAmed said on April 15.