Egypt and Greece are calling on Turkey and Libya to scrap an energy exploration agreement that critics say violates exclusive economic zones off the Mediterranean coast.
The Libyan Parliament- designated Prime Minister, Fathi Bashagha called on Egypt, Turkey, and Greece not to take unilateral decisions regarding demarcating the maritime borders with Libya.
The navigation warning (Navtex) issued by Greece on Saturday expanded the area of seismic surveys for oil and natural gas deposits, off the coast of Crete.
The European Union Naval Operation IRINI announced that it inspected a Dutch-flagged merchant ship bound for Libya and the "illegal cargo" it was carrying onboard.
Political upheaval threatens the nation’s top export, including a spring shutdown of oil fields that deeply cut production. But Tripoli has resumed higher output at a critical time.
Libya sits on the largest known oil reserves in Africa and is heavily dependent on revenues from oil and gas exports. In more recent years, it has been controlled at various points by rebels and the..
On 18 July, Operation IRINI conducted an inspection of the MV VICTORY RORO off the coast of Libya. The ship was found to be transporting vehicles to Libya in breach of the UN arms embargo.
Libya’s state oil company suspended shipments from the key eastern port of Ras Lanuf, according to people familiar with the matter, amid a worsening political crisis in the OPEC member. The National..
‘Libya has two prime ministers. Again. Groundhog day,’ Anas El Gomati, Director of Libya’s Sadeq Institute think tank, tweeted recently. Once again, the chronically troubled country has two rival..
Libya expects to open all its oil loading terminals after it sets up a mechanism for a fair distribution of the country’s oil revenues among the regions, Parliament Speaker Aqila Saleh told U.S...