OPEC+ ministers are set to meet on Thursday and are expected to agree to raise production targets by 432,000 barrels per day (bpd) for June, four OPEC+ delegates told Reuters.
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Armed clashes, damaged storage tanks and political protests at key ports have hobbled Libya’s ability to export oil, cutting shipments…
Libya’s National Oil Corporation (NOC) announced on Sunday the “temporary” lifting of force majeure and resumption of operations at the…
Libya’s National Oil Corporation (NOC) has appealed to “all interested parties to immediately allow operations in the port of Zueitina to…
Libya is losing tens of millions of dollars a day from the shutdown of its oil facilities, while global prices…
The force majeure at Libya’s 300,000 b/d El Sharara oil field has been lifted and production there is around 70,000…
The Governor of the Central Bank of Libya (CBL), al-Siddiq al-Kabir, met Thursday in his office with the Ambassador of Malta to Libya, Charles Saliba.
A meeting of central banks governors was held within the 2022 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), with the participation of governors of Arab and African banks.
The Kremlin announced Wednesday that halting natural gas supplies to Poland and Bulgaria over the refusal to pay in rubles was a response to unfriendly steps towards Russia, and that it is not practicing blackmail.
The U.S. Embassy in Libya said that responsible Libyan leaders must recognize that the shutdown harms Libyans throughout the country and has repercussions across the global economy, and should end it immediately.