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
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
21 January 2026
Petroleum Economist takes a look at the critical developments that look set to govern the course of the market for this year
20 January 2026
The ripple effects of US refiners switching to Venezuela grades will be felt from Canada to China and everywhere in between






