Moil Crescent News Today

The El Sharara oil field, Libya’s largest, is set to restart production after protests shut down operations for two weeks.

For the third time this year, violence has returned to the streets of the Libyan capital Tripoli.

Clashes erupted in Tripoli late on Friday and continued through Saturday as rival governments continue to fight for power, renewing fears of a Libyan Civil War

Libyas oil output may have been climbing in recent weeks, but stability on the ground is far from a certainty as political factions brace for conflict

Libya sits on the largest known oil reserves in Africa and is heavily dependent on revenues from oil and gas exports. In more recent years, it has been controlled at various points by rebels and the Islamic State (IS) group.

Libya will begin loading oil for export on July 20 after the force majeure was declared lifted following an intense battle for control of the National Oil Company (NOC) last week

Militias mobilized overnight in the Libyan capital, Tripoli, as tensions rise amid the take-over of the National Oil Company (NOC) and the alleged lifting of force majeure at all oilfield and export terminals

Libya's oil blockade would likely end if the central bank supplies funds for the parliament-approved budget, according to appointed prime minister, Fathi Bashagha.

Libya is losing another 22,000 barrels per day due to a pipeline leak at the Sarir Tobruk oilfield blamed on delayed budgets that have left the operating company unable to maintain its oil transmission infrastructure

Henry Kissinger, the 99 year old ex-Secretary of State, made shared a rather unpopular view on how Ukraine should react to Russia