Libya not Concerned by OPEC Output Cut Agreement

A day after the Organization of Petroleum Exporting Countries (OPEC) reached a deal Wednesday to reduce output by almost 700,000bpd collectively, Libya has stated that it will be an exception to the deal that could be finalized in November during Read more

Libya: General Haftar Hands Terminals to NOC, Operations to Begin Soon

The Ras Lanuf, al-Sidra and the Zueitina oil terminals that were taken over by the Libyan National Army (LNA) under the command of renegade General Khalifa Haftar, loyal to the Tobruk-based government, will soon begin to operate according to Chairman Read more

Libya Losing $10m Daily Because of the PC, NOC Chairman

Chairman of the Tripoli-based National Oil Corporation (NOC) Mustafa Sanalla has demanded explanations from the Presidency Council (PC) headed by Faiez Serraj for the lack of financial allocation to the state-owned institution. In a statement posted on NOC’s website, he Read more

Libya: NATO to increase military presence in the Mediterranean Sea

NATO has revealed plans to increase its operations in the Mediterranean Sea especially along the Libyan coast. NATO Secretary General Jens Stoltenberg said at the end of the organization summit in Warsaw, Poland, operation Active Endeavour meant to protect ships Read more

Libya: Two Conflicting Oil Corporations Merge Ending Rivalry over State Oil

The rival National Oil Corporation created by the House of Representatives (HoR) in Tobruk has decided to merge with the country’s long time National Oil Corporation (NOC) based in Tripoli. Chairman Mustafa Sanalla of the NOC said the agreement “will Read more

Libya: ISIS Getting International Community, France Uneasy

The annual report of the United Nations sanctions monitors on Libya to the Security Council warned that “the rise of ISIL in Libya is likely to increase the level of international and regional interference, which could provoke further polarization, if Read more

Lebanon: Hannibal Gadhafi questioned for disappearances of Lebanese cleric

Abducted last week by a group believed to be followers of the Lebanese Shia cleric Moussa al-Sadr before being handed over to the police a few days later, Hannibal Gadhafi the last son of the assassinated Libyan leader following an Read more