• 4 mintues Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen.
  • 7 minutes Forecasts for oil stocks.
  • 9 minutes Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 13 minutes European gas market to 2040 according to Platts Analitics
  • 1 day America's pandemic dead deserve accountability after Birx disclosure
  • 14 hours Fukushima
  • 1 hour Today Biden calls for Summit with Putin. Will Joe apologize to Putin for calling him a "Killer" ?
  • 20 hours CO2 Mitigation on Earth and Magnesium Civilization on Mars – Just Add Water
  • 3 hours Simple question: What is the expected impact in electricity Demand when EV deployment exceeds 10%
  • 3 hours Biden about to face first real test. Russia building up military on Ukraine border.
  • 36 mins U.S. Presidential Elections Status - Electoral Votes
  • 18 hours New Chinese Coal Plants Equal All those in U.S.A
  • 3 days Does .001 of Atmosphere Control Earth's Climate?!
  • 5 days U.S. and Chinese investors to buy Saudi pipelines , $10 Billion deal.
  • 2 days Oh the Dems!!! They cheer for helping people while stabbing them in the back!!! Enbridge asks Canadian government to support oil pipeline in dispute with Michigan
  • 3 days The coming Cyber Attack
  • 4 days NG spot prices hit triple digits for weekend delivery

Breaking News:

Oil Soars 5% As Bullish News Mounts

Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Premium Content

Airstrikes Disrupt Production At Libyan Oilfield

Airstrikes have once again disrupted production of Libya’s El Feel oilfield on Wednesday, after the eastern-based Libyan National Army, led by Khalifa Haftar, retaliated after forces loyal to the UN-backed Libyan government in Tripoli allegedly took control of a 70,000-bpd oilfield in the southwest from forces aligned with the eastern strongman General Khalifa Haftar, in renewed violence around key Libyan oil facilities.

According to a statement from the military council of the city of Sabha, carried by Reuters, the forces loyal to the government in Tripoli now control the El Feel oilfield, not far from Libya’s largest oilfield, Sharara, which has the capacity to pump more than 300,000 bpd.

At present, Haftar’s forces control most of Libya’s oilfields and have controlled El Feel and Sharara since February this year.

An engineer at the field confirmed to Reuters that there have been clashes between forces loyal to the rival Libyan factions. The National Oil Corporation (NOC) called for the clashes to end.

“We ask combatants to halt operations around the field,” NOC’s chairman Mustafa Sanalla said in a statement, as carried by Reuters.

“Any escalation in violence may lead to staff being evacuated and production being shut down,” Sanalla said on Wednesday morning, prior to the airstrikes. The production will now remain shuttered until all military activity around the field ceases. Related: A New Pipeline Could Undo America’s Influence In Asia

The security situation in Libya has worsened since the spring after Haftar ordered in early April his Libyan National Army (LNA) to march on the capital Tripoli. The self-styled army has been clashing with troops of the UN-backed government in a renewed confrontation that has escalated and disrupted, once again, Libya’s oil production and exports.

Two outages at the biggest oil field Sharara in one month forced Libya’s oil production down to below 1 million bpd in the first week of August—the lowest level in five months.

Libya’s production stabilized and even increased in September and October—to 1.16 million bpd and 1.167 million bpd, respectively, according to OPEC’s figures. Libya is exempted from the OPEC+ production cuts due to its fragile security situation. The renewed clashes are the latest sign of Libya’s wild card status in terms of production consistency and come a week before OPEC’s crucial meeting in Vienna.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News