Bloomberg reported that Libya took a major step toward reviving its battered oil industry by reopening its biggest field, presenting a new headache for OPEC+ as the alliance of major producers tries to curb global supplies. The National Oil Corporation, Libya’s state energy company, lifted force majeure on the w…

On Sunday, the United Nations Support Mission in Libya (UNSMIL) welcomed the National Oil Corporation’s (NOC) announcement that it would lift the force majeure on El-Sharara oil field. In a statement, UNSMIL added that the resumption of Libya’s largest oil field was due to the country’s improved security situ…

On Sunday, the crude oil tanker ‘Neoces Therasis’ docked at the eastern Libyan port of Zueitina. The tanker is due to load 600,000 barrels of crude oil for export to Italy, according to port officials. At Zueitina, three tankers are expected to load oil at ‘Bu Attifel’, over the next ten days. The customers …

1,109 new cases of Coronavirus were registered in Libya, according to the National Center for Disease Control (NCDC). The NCDC announced in a statement on its official Facebook page that 428 new recoveries had been registered, in addition to 13 deaths due to COVID-19. This brings the total number of the pande…