One step forward, two back in Libya
An IS attack on the Tripoli HQ of Libya’s battered oil industry has presented the sector with its sternest test yet
Two suicide bombers fought their way into the National Oil Corporation's (NOC) glass-fronted downtown headquarters in Tripoli on 10 September, spraying corridors with gunfire and killing two staff, with another 10 wounded. NOC Chairman Mustafa Sanallah escaped from the building during the fighting, which saw both terrorists killed. He later issued a statement underlining the vulnerability of the industry to a terrorist onslaught: "This attack did not cause a loss of production. However, it led to the shedding of Libyan blood. This attack is indicative of the weakness and fragility of the security arrangements in the country." The attack came hard on the heels of nine days of fighting that ra
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals