Libya’s National Oil says people entered Elephant oil facilities, halted production
Libya’s National Oil Corp (NOC) declared on Sunday force majeure on oil production from the Elephant oil field, also known as El Feel, curtailing the North African nation’s production by 70,000 barrels per day.
For the latest headlines, follow our Google News channel online or via the app.
The state-owned oil company said in a statement that a group of people, which it did not identify, had entered the facilities the previous day and prevented employees from working.
The takeover of the field, located in the southwest of the country, appears to be an action against the Tripoli-based prime minister Abdulhamid al-Dbeibah.
Libya has had two competing governments since March when the eastern-based parliament appointed Fathi Bashagha to replace Dbeibah, renewing a standoff between the east and west of the country. Libya’s oil production averaged 1.21 million barrels per day before the latest outage at the Elephant field.
Read more:
Biden increases crude oil royalty rate, scales back leases
Also Read
-
Biden increases crude oil royalty rate, scales back leases
The Interior Department on Friday said it’s moving forward with the first onshore sales of public oil and gas drilling leases under President Joe ... Energy -
Saudi oil chief says energy security imperiled by attacks
Saudi Arabia’s oil chief said markets are going through a “jittery period” and reiterated Tuesday that the Kingdom’s ability to ensure energy security ... Gulf -
UN says boat capsizes off Libya, 35 presumed dead
A migrant boat has capsized off the Libyan coast, leaving at least 35 people dead or presumed dead, the UN migration agency said Saturday.The ... North Africa
