Oil Falls From 2015 Highs as Rally Fizzles
Oil prices dipped on Wednesday after hitting a near two-and-a-half year high in the previous session as a rally fuelled by supply outages in Libya and the North Sea ran out of momentum. Brent crude futures dropped to $66.38 a barrel, down 0.9 percent…
Libyan Crude Pipeline Blast Blamed on Attackers
Armed men blew up a Libyan pipeline pumping crude oil to Es Sider port on Tuesday, reducing the North African country's output by around 90,000 barrels a day, military and oil sources said. The attackers arrived at the site near Marada in two cars and planted explosives on the pipeline…
Car Bomber Dies in Failed Es Sider Port Attack
A car bomber blew himself up overnight in a failed attack near a security checkpoint outside the Libyan oil port of Es Sider, a security source and a witness said on Tuesday. Security officials did not say who they thought was behind the attempted attack…
Armed faction enters major Libyan oil port
An armed faction entered a major Libyan oil terminal and a nearby airport on Friday, after attacking forces that have controlled the terminals since September, officials and residents said. The terminals at Es Sider and Ras Lanuf are two of Libya's largest…
Reopened Libyan Ports Hope Foreign Staff Will Return
Ports still operating well below capacity; infrastructure damaged by conflict, neglect. Guards and officials at major ports in Libya's eastern Oil Crescent say they are hoping foreign workers will soon return as they struggle to build on output gains with meagre resources.
Tanker Docks at Libya's Es Sider Port to Load First Crude Cargo in Two Years
An oil tanker docked at the east Libyan port of Es Sider on Monday to load the first cargo of crude since the terminal reopened following a two-year closure, port officials said. Es Sider, Libya's biggest export terminal, had been shut due to a blockade by a military faction since 2014.
Islamic State Targets Es Sider Port Again
Islamic State militants resumed shelling near the Libyan oil port of Es Sider on Tuesday and an oil storage tank in the port was hit causing a fire, a petroleum guards spokesman and the National Oil Corporation said. The guards spokesman said the militants were 30-40 km (19-25 miles) from the port…
Islamic State Attacks Libya's Es Sider Port
Islamic State fighters clashed with security forces near Libya's Es Sider oil export terminal on Monday killing two guards and setting an oil storage tank on fire, witnesses and a Petrol Facilities Guard source said. The source told Reuters that the tank had been hit by a rocket during the fighting…
Islamic State Militants Attack Forces Guarding Libya Oil Port - official
Islamic State militants attacked forces guarding one of Libya's main oil ports on Thursday with a gun assault and an attempted car bomb in an escalation of their campaign in the North African state, a local security official said. Islamic State…
Libyan Port Fire Destroys 1.8m Barrels of Crude
A fire raging at an oil storage facility at Libya's Es Sider port has destroyed up to 1.8 million barrels of crude, a top oil official said on Tuesday. Total damage so far, including the lost oil, is estimated at $213 million, al-Mabrook al-Buseif…
Es Sider Port Oil Tanks On Fire
A fire at an oil storage tank at Libya's Es Sider oil port has spread to two more tanks, officials said on Friday. The first oil tank was hit during clashes between armed factions allied to Libya's competing governments over control of the country's biggest oil port, located in the east.
Libya's Waha Resumes Es Sider Crude Production
Libya's Waha Oil Co. has resumed a small volume of Es Sider crude oil production, a senior Libyan oil official said on Thursday, in the latest sign output in the country is improving despite political unrest. The grade will be exported through the Es Sider port…
Second Tanker Waits to Load Oil at Libya's Reopened Port
A second tanker is waiting to load oil at Libya's Es Sider port, state-run National Oil Corp (NOC) said on Thursday, as the country's biggest crude export terminal swung back into action after being closed for a year. The OPEC member's oil production…
Med Crude-Urals Hits Fresh 14-Month Low in Med
Russian Urals crude weakened to a fresh 14-month low in the Mediterranean due to a cargo overhang, weak refining margins and uncertainty over whether Russian exports would fall in June as a result of higher runs at home. "If the June programme comes out short, then prices will stop falling.
Libya says halts tanker outside rebel port; rebels deny it
Rebels deny losing control of North Korean-flagged tanker; Government says tanker being taken to western port. Oil blockade has slashed vital government revenues. Libya on Monday stopped a North Korean-flagged tanker that had loaded oil from a rebel-held port…
