S&P Global Platts reported that Libya exported some crude and condensate from its storage caverns at the Zawiya terminal this week, a first from this port in almost four months. But with the civil conflict still brewing in the volatile North African oil producing powerhouse, a full or sustained return of Li…

The civil war enforced by the warlord Khalifa Haftar in Libya has brought oil production and exports to a grinding halt, creating financial strain on the UN-recognized Libyan government based in capital Tripoli. Till 2014, the North African country on the banks of the Mediterranean Sea was ranked among the top 20 o…

According to an article published by France 24, Europe tried to reassure Russia during a UN Security Conference video call Tuesday after a French warship intercepted an oil tanker off the coast of Libya under an operation to halt the flow of arms to the North African country. The news agency added that the Euro…

The Libyan Lawsuits Administration said on Wednesday that it had won an arbitration lawsuit at the Cairo Appeals Court against Kuwaiti firm M.A. Kharafi and Sons that wanted to seize $120 million from the assets of the Libyan Investment Authority (LIA) in France, in April 2014, for an Arab arbitration from 2013 t…