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Libya
Energy Economy
TotalEnergies, Eni to Invest billions in Libyan Energy Projects
France’s TotalEnergies SE and Italy’s SpA said they were ready to invest billions of dollars in Libya as the OPEC nation emerges from a decade of conflict and
Oil & Gas
Pipeline Leak Disrupts Libya’s Oil Exports
Libya’s Es Sider pipeline has a major leak that will require a 7- 10-day shutdown for maintenance
Oil & Gas
Libya can Pump 2 million bpd of Oil by End 2022 Under $1.1bn Spending Plan: Finance Minister
Libya’s oil output could rise to 2 million barrels per day by the end of 2022 if the industry is given the $1.1 billion it has been allocated in the budget, ac
Oil & Gas
Libyan Firm Stops Oil Production On Lack Of Funds
The Arabian Gulf Oil Company, a subsidiary of Libya’s National Oil Corporation (NOC), has suspended oil production for lack of money
Power Grid
Egypt and Libya Interconnection Signals Great Things to Come
The Egyptian government is exploring interconnection projects between Egypt and Libya as well as with Europe.
Oil & Gas
Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd
Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day because pumping crude at an oilfield had to be reduced because of a leak in a pipe
Oil & Gas
Libyan Crude Output could Rise 200,000 b/d by Year-End: OMV Executive
Libya has the potential to boost its oil output by as much as 200,000 b/d by the end of the year, depending on the security situation, an executive from Austria
Oil & Gas
Shell Could Resume Oil and Gas Exploration in Libya
North Africa’s second-largest oil producer is gradually increasing crude exports after a blockade last year cost it $11bn in lost fiscal revenue
Oil & Gas
Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022
Libya could boost its oil production to 1.6 million barrels per day by the middle of 2022 if the industry has the necessary funding
Oil & Gas
Libya’s May Oil Revenues up to Record Levels Due to Increased Demand and Prices
The NOC announced yesterday that its net revenues during May 2021 from the sales of crude oil, gas, condensates, oil products and petrochemicals amounted to rec
Wind Power
Enel Green Power Begins Construction of a 180 MW Wind Farm in Villar de los Navarros
The TICO WIND wind power plant will come online in early 2022 and will have the capacity to generate around 471 gigawatt-hours per year.
Oil & Gas
Libya’s Largest Oilfield Could See Exports Interrupted
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard follow
Oil & Gas
Libya Targets 1.45mn b/d Oil Output by Year-End
Libya aims to increase its oil output to 1.45mn b/d by the end of the year, a level not achieved since 2012.
Oil & Gas
African Members’ Production Troubles Offset OPEC’s Planned Increase
OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations.
Oil & Gas
Libya Oil Comes Back to Life but with Fragile Infrastructure
Libya is now producing 1,224 million barrels per day — a tenfold increase from a 121,000 bpd average in the third quarter of 2020, before the ceasefire deal.
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