Libya Set to Revive Halted Oil Production as Bank Crisis Eases
Libya’s eastern-based parliament approved a new central bank governor, ending a standoff over control of the OPEC member’s vast energy revenue and setting the stage for a full resumption of oil output.
Libya’s eastern parliament approves new central bank governor, deputy
Libya’s eastern-based parliament agreed on Monday to approve the nomination of Naji Mohamed Issa Belqasem as governor of the central bank, in a move that could help end a crisis which has slashed the country's oil output.
Libya Names Central Banker in Deal That May End Oil Blockade
Libyan factions agreed to appoint a new central bank governor, paving the way for a resolution to a row that’s slashed the OPEC nation’s oil output.Most Read from BloombergVanderbilt Leases Struggling NYC Seminary for Campus ExpansionNJ Transit,
Deal to Reopen Libya’s Central Bank Eases Fears of Renewed Conflict
A standoff over control of the bank had destabilized the country’s economy and raised the prospect of fresh fighting between Libya’s eastern and western factions.
Libya’s parliament approves appointment of Belqasem as new central bank governor
Libya’s eastern parliament has agreed to appoint Naji Mohamed Issa Belqasem as the new central bank governor after the former governor, Sadiq al-Kabir, was fired last month by the presidential council in the capital,
Oil Steadies as Mideast Tensions Vie With Libyan Supply Outlook
Oil was steady at the start of the fourth quarter as geopolitical risks in the Middle East, with Israel beginning ground ...
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Deal struck to enhance digital infrastructure serving Libya’s oil industry
A number of agreements signed last week by Libya’s National Oil Corporation (NOC) are said to be aimed at enhancing the ...
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Libya’s Oil Production Set to Resume on October 1
Libya is set to resume crude oil production on October 1 following a deal on the leadership of the Central Bank.
Oil falls on easing Libya supply concerns, lingering China demand worries
Oil prices were little changed on Wednesday as investors reassessed the ability of China's stimulus plans to boost its ...
Libya’s East Government Pledged to Reopen Oil Fields, UN Says
Libya’s eastern-based government has promised to reopen the country’s oil fields shortly, the United Nations’ envoy to the ...
Commodity Roundup: Oil extends losses on prospect of more supply from Saudi and Libya, gold rallies
Oil prices slipped on Thursday, extending losses from the previous session, after reports suggested Saudi Arabia, the world's ...
Oil prices fall on expected supply boost from Libya, Saudi
The prices of crude oil lowered as supply risks began to ease in the global commodities market. Brent crude plunged by 2.5% ...
The Libya Observer10h
Al-Koni criticises oil shutdown, hints at Haftar's involvement
Koni, has hinted at Khalifa Haftar's involvement in the ongoing oil blockade in Libya, stating that "everyone knows who is ...