OIL AND GAS

January 18, 2018

Ministry of Economy meets drivers of oil tankers to address fuel crisis in southern Libya.

Al Bariqa oil and Gas Marketing
Company said talks underway to reach an urgent solution to the fuel
crisis in southern Libya, after talks between Ministry of Economy and
group of drivers affiliated to transport union to address fuel crisis
in Southern Libya.
"...

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January 18, 2018

Shell and BP to Buy Libyan Oil as Country Recovers

Royal Dutch Shell Plc and BP Plc agreed to annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the world’s largest oil companies.

Shell’s"...

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January 17, 2018

Nigeria: Why Crude Oil Prices Are On Upward Swing - U.S. Energy Agency

The United States Energy Information Administration (EIA), has attributed the current surge in oil prices to shutdown of the Forties Pipeline in the North Sea on December 11, as a result of a crack in the pipeline, which remained closed through December 30.

EIA"...

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January 17, 2018

Algerian Sonatrach and Libyan NOC to jointly operate oilfields on mutual borders

Algerian Sonatrach signed Monday an agreement with the Libyan National Oil Corporation (NOC) to run a number of oilfields located on the borders between the two countries, according to a statement on the NOC website.

According"...

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January 13, 2018

Libyan natural gas flows to Italy remain low on Greenstream pipeline outage: sources

Libyan gas exports to Italy were still below average Friday after gas pumping rates at Libya's Greenstream pipeline to Italy plummeted Thursday, sources close to the matter said.

* Russian imports, storage withdrawals cover

* No impact on prices due to limited"...

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January 13, 2018

Libya Power Struggles Continue: Will UN Get Its Way? – OpEd

On Wednesday a former distinguished US State Department official who has now switched jobs to work for the UN, Jeffery Feltman, as Under-Secretary-General for Political Affairs, arrived in Tripoli. His visit came as the UN’s efforts to implement the Libyan Political Agreement (LPA)"...

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January 11, 2018

Sannalla visits the Oil Crescent region.

Chairman of national Oil
Corporation, Mustfa Sannalla paid a visit Tuesday to the Oil Crescent
region during which he inspected several oil and gas sites including
Ras lanuf refinery espcauill after a tribunal decision in favour of
NOC regarding Ras lanuf Refinery....

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January 10, 2018

Libya tripled oil revenue in 2017 as production recovers

LIBYA’S oil revenues nearly tripled in 2017 to $14 billion as the country managed last year to gradually recover its oil production, reaching 1 million bpd for the first time since 2013.

According"...

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January 10, 2018

Al Zweitina Gas Station Up and Running.

The National Oil Company has
announced that Al Zweitina gas station has gone maintenance work and
will be up and running this week.
The plant which remained closed for three and half years because
of lack of gas supplies caused by protests.
The NOC said the"...

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January 10, 2018

Asia and Middle East: The Proven Drivers of Gas Demand Growth for Next 10 Years

All signs point to Asia leading the gas demand and continuing this upward trajectory for at least the next decade. Natural gas is still showing strong signs of becoming the world’s second most important source of energy over the next decade, according to Majid Jafar, CEO of Crescent"...

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