Oil & Gas - The Geopolitical Desk (Page 2)

Libya Energy Insights (May 2025)

In the month of May, growing political challenges against Prime Minister Abdulhamid Dabaiba now threaten to spill over into Libya's energy sector.

By The Geopolitical Desk

/ 2 Jun 2025

Political tensions, blockades and future scenarios for Libyan oil

August has seen escalating crises in Libya, with a fuel blockade crippling oil production and political tensions rising amidst contested elections. The National Oil Corporation faces pressure as competing factions threaten stability, while UN efforts to mediate remain untested and uncertain.

By The Geopolitical Desk

/ 12 Sep 2024

What’s next for Libya after the Central Bank takeover and oil blockade?

Libya faces a precarious future after a Central Bank takeover and an oil blockade, igniting fears of potential conflict and further economic collapse. With key stakeholders divided, this article examines what happened and what's next for Libya.

By The Geopolitical Desk

/ 31 Aug 2024

Libya’s oil and gas sector sees steady gains despite setbacks

Despite a minor blowout in July, Libya's NOC is steadily increasing oil production, reaching 1,276,344 barrels per day. With projections of 1.5 million barrels daily by mid-2025, the focus remains on reviving old wells and exploring new opportunities in resource-rich regions.

By The Geopolitical Desk

/ 25 Jul 2024

Libya's National Oil Corporation announces new pipeline from North Hamada Oil Field

The National Oil Corporation (NOC) says a new pipeline from the North Hamada oil field will help it meet short-term development targets, as it continues working towards the ambitious goal of bringing Libyan crude production to 1.5 million bpd by 2025 and 2 million bpd by 2027.

By The Geopolitical Desk

/ 11 Jul 2024

Libya's energy sector set to grow, though challenges remain

In spite of turbulent political times for Libya and its energy sector, there are positive developments regarding the signing of new contracts and the continuation of small-scale works to gradually increase the country’s oil output.

By The Geopolitical Desk

/ 11 Jul 2024

Who will win the struggle for leadership at Libya’s Ministry of Oil & Gas?

Earlier this month, Mohamed Aoun was said to be reinstated as Minister of Oil & Gas. However, he has been unable to assume his duties as the acting O&G Minister Khalifa Abdulsadek continues to occupy his seat.

By The Geopolitical Desk

/ 27 Jun 2024

Libyan NOC backs Eni on NC7 gas field development despite regulatory and political challenges

Despite facing strong opposition from various Libyan entities, the National Oil Corporation (NOC) is pushing ahead with its decision to develop the NC7 gas field through an international consortium led by Italy’s energy giant ENI.

By The Geopolitical Desk

/ 13 Jun 2024

Return of Libya's Oil Minister highlights oil sector governance challenges

The reinstatement of Libya's Minister of Oil and Gas raises questions about transparency and governance within the country's hydrocarbons sector, especially as Libya prepares for its first major licensing round in over 25 years.

By The Geopolitical Desk

/ 3 Jun 2024

Are eastern Libyan authorities pursuing greater energy engagement with China and Russia?

There have been a number of unconfirmed reports emerging regarding non-Western International Oil Corporations being in direct contact with Benghazi-based authorities to develop the region’s vast energy resources.

By The Geopolitical Desk

/ 30 May 2024

Libyan officials double down on efforts to raise hydrocarbon output

Libya is increasing its engagement with foreign partners and becoming more proactive in its efforts to raise oil output in line with the National Oil Corporation's strategic vision.

By The Geopolitical Desk

/ 17 May 2024

Evaluating risks to Libya's oil and gas infrastructure

Libya's oil and gas production has seen a gradual increase in recent months, reaching 1.24 million barrels per day (bpd) as of April 2024. However, the infrastructure remains vulnerable to various threats.

By The Geopolitical Desk

/ 29 Apr 2024