Libya's state-run National Oil Corp (NOC) said that export activity was running normally after it held talks with protesters at the Es Sider and Ras Lanuf ports on Tuesday.
Oil prices edged higher but remained near a two-week low on Tuesday, as weak economic data from China and rising temperatures elsewhere dampened demand prospects. Supporting prices was a disruption of oil loading operations in Libya.
Oil loadings from two key ports in eastern Libya, which had been halted by protesters, have resumed, the chairman of the nation’s state oil company said.
Libya resumed loading oil from two key eastern ports — which account for a third of its exports — after they were halted for a day by protesters.
Saudi Arabia's energy minister met his counterparts from the United Arab Emirates (UAE), Iraq and Libya on Monday following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries.
Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek, told Reuters on Saturday, adding that a new license bidding round is expected to be approved by the cabinet before the end of January.
Human Rights Watch (HRW) reported on Monday that Libyan authorities have used a 'litany of overbroad and draconian legacy laws' to suppress civil rights activists and organizations. The group said
With Turkey and Russia both competing for influence in Libya, the Trump administration could explore opportunities to strengthen energy security and encourage Tripoli to join the Abraham Accords.
Hanaa, a Sudanese woman who works gathering plastic bottles from bins to feed her children, says she was abducted in western Libya and taken to a forest and raped at gunpoint by a group of men. The next day her attackers took her to a facility run by the state-funded Stability Support Authority (SSA). Nobody told Hanaa why she had been detained.
Italian media reports and a Libyan official say police in Turin have arrested a Libyan warlord wanted by the International Criminal Court for alleged war crimes.
Libya plans to boost its oil refining capacity and production, while fellow OPEC member Kuwait also aims to significantly increase its oil output.