Oil crescent endgame
The political disintegration since 2014 has led inexorably towards a final battle for control of Libya's commanding heights
Oil has been at the centre of conflict since the civil war began in the country two years ago. Africa's largest reserves-and one of the Atlantic basin's most highly prized flows of crude exports-marked a huge catch for the winner. The current conflict emerged in the political ruins left by Libya's civil war in 2011, and began in earnest in July 2014 when a coalition of Islamist and western coastal factions-the dominant groups in what was then the General National Congress-suffered steep losses in elections for a new parliament, the House of Representatives (HoR). Unwilling to be a minority force, the factions formed the Libya Dawn (Fajr) militia coalition and captured Tripoli, destroying the
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away






