At around the same time as OPEC raised its long-term oil demand forecast for the third consecutive year — now expecting global consumption to rise 19 million barrels per day (bpd), or 18%, by 2050 — ...

KBR, a US engineering firm, is expanding its operations in Libya by exploring opportunities in the renewable energy sector.

Libyan hydrocarbons are increasingly sought after. To take full advantage, the country needs a new economic strategy.

By Ahmed Elumami and Hani Amara TRIPOLI, Sept 15 (Reuters) - Libya's oil production has not been greatly affected by the suspension of production at several oilfields and remains at about 1.4 million ...

TRIPOLI: Libya’s national oil firm announced Saturday that an oil pipeline blocked for several days by an armed group had ...

Zawiya pipeline has cut production at a field accounting for roughly a third of Libya's total output, prompting the national ...

Libya’s Petroleum Facilities Guard (PFG) has allowed crude oil to once again flow through the Sharara-Zawiya pipeline. The blockade lasted nearly a week and NOC calculated the lost revenue at around ...

UNSMIL says continued disruption of Sharara-Zawiya pipeline is causing major production, revenue losses and threatening ...

To the many existential threats facing Libya, it is now possible to add another: the oil-rich nation may be going broke. Four years after its uprising against dictator Moammar Gaddafi, the North ...

The UN Support Mission in Libya (UNSMIL) has called on authorities and security bodies to urgently resolve disputes that have ...

Fighting raged between the Islamic State group and Libyan forces Tuesday as the jihadists pushed on the country’s crucial coastal oil terminals. For the second day running, IS jihadists — an ...

ALBAWABA- An armed group has shut a valve on a crude oil pipeline linking Libya’s Sharara oilfield to the Zawiya port, sharply reducing production and r ...