Page 7 - Fezzan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Production at Libya’s largest oil field was suspended Sunday, the country’s state-run oil company said, after protesters forced the facility to close over fuel shortages. The National Oil Corp. declared force majeure at the Sharara oil field in the country’s south starting Sunday. Libya produces more than 1.2 million barrels of oil per day, and Sharara is the country’s largest field, with a capacity of up to 300,000 barrels per day.

The first week of the new year looks set to end with a moderate gain for oil benchmarks fueled by escalating tensions in the Middle East and supply disruptions in Libya. In the Middle East, Yemen’s Houthis continue to attack ships in the Red Sea, ...

Building a hospital in Oubari, employing young people specialized in the oil sector, setting up a dedicated refinery in Fezzan to alleviate the chronic shortages of gas and petrol, are amongst the demands of the protesting residents.

The first week of the new year looks set to end with a moderate gain for oil benchmarks fueled by escalating tensions in the Middle East and supply disruptions in Libya

Local protests have forced a reduction in output at Libya's Sharara oilfield, which can produce up to 300,000 barrels per day, two engineers told Reuters on Wednesday. A video...