Libyan Prime Minister Abdul Hamid Dbeibah in 2021
Explorers return to Libya despite fragile security
Peace means progress for Libya’s upstream, but disruption is never far away
Storm clouds are once again circling Libya’s energy sector amid renewed clashes between rival factions. It comes after a period of calm, with major energy companies having a tentative sense of confidence that may still be borne out. IOCs BP and Eni have lifted their decade-long force majeure on Libyan hydrocarbons development, clearing the way for major exploration projects. The two companies, along with Algerian state oil and gas producer Sonatrach, made the move on 3 August, according to Libya’s National Oil Corporation (NOC). NOC officials have been saying for months that security conditions have improved in Libya, with a ceasefire in its civil war agreed in 2020 largely holding. The conf
Also in this section
27 September 2023
Regional industry body ANGEA remains bullish about Asia's adoption of gas and LNG, despite elevated prices and logistical challenges
26 September 2023
Half a century after the 1973 conflict, the world is dramatically different. But OPEC’s power remains
26 September 2023
Bottlenecks continue to constrain gas-rich Appalachia, and relief may not be in the pipeline
22 September 2023
Former executives and a successor company are accused of complicity in Sudanese war crimes in what is now South Sudan
