libya

Production at Libya's Elephant oil field unaffected after 'minor' staff evacuation: NOC

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Production at Libya’s 90,000 b/d Elephant oil field had not been impacted after a minor evacuation of non-essential staff at the key southwestern field, a source close to the state-owned National Oil Corporation said Thursday. The source said that production remains “completely unaffected and that a routine non-essential staff evacuation” was conducted earlier in the Read More

Libya's 90,000 b/d Elephant oil field shuts down due to protests

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Libya’s 90,000 b/d Elephant oil field has been shut since early Friday due to protests by local tribes and guards, sources said Friday. State-owned National Oil Corporation had been holding emergency talks this week with Tubu tribesmen — who were demanding more regular fuel supplies to their region — to prevent the field’s closure. But Read More

Libya's NOC evacuates Elephant oil field after new shutdown threat: sources

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Libya’s National Oil Corporation has evacuated its workers from the Elephant oil field in the southwest of the country, as the field’s guards walked out in a pay dispute, sources close to the company said Thursday. This is just a day after NOC held emergency talks with Tubu tribesmen — who were demanding more regular Read More

Brent drops from two-week high as U.S. warns of “phenomenal” surge

3 days ago DieselGasoil Comments Off on Brent drops from two-week high as U.S. warns of “phenomenal” surge
LONDON and SEOUL (Bloomberg) — Brent crude fell from a two-week high as the market weighed forecasts for a surge in U.S. production against OPEC’s success in accelerating the pace of draining a global glut. Futures fell 1.1% in London. The outlook for U.S. oil production in both 2018 and 2019 is “phenomenal,” Deputy Energy Secretary Dan Read More

Western pattern: ‘Seek out ethnic tensions, inflame & use as leverage to serve your agenda’

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Presenting Russia as a boogeyman crushing an oppressed minority serves the ideological interests of the West and is part of an established pattern of Western behavior, independent political analyst Dan Glazebrook told RT. Some media outlets are accusing Russia of trying to erase Crimean Tatar culture after authorities moved to repair the crumbling Big Khan Read More

Libyan production may suffer on budget delays: NOC chief

3 days ago DieselGasoil Comments Off on Libyan production may suffer on budget delays: NOC chief
Libya’s crude oil output, which is reportedly now more than 1 million b/d, could suffer as state-owned National Oil Corp. continues to wait for its budget from the government, the company’s CEO said Monday. “The entire sector is suffering from these problems because of the delay of the Ministry of Finance in disbursing the budgets Read More

‘US only gets away with meddling because of its UN veto’

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The US is not allowed to interfere in other countries’ affairs but gets away with it, a former CIA officer told RT. Philip Giraldi added that intelligence agencies’ resources shouldn’t be expended unless there’s a security threat. Former CIA director James Woolsey admitted the US interfered in other countries’ elections and domestic affairs when it Read More

Sanctions & NATO pressure will make Russians look out of ‘deep black hole,’ Biden thinks

5 days ago DieselGasoil Comments Off on Sanctions & NATO pressure will make Russians look out of ‘deep black hole,’ Biden thinks
Former US Vice President Joseph Biden delivered an impassioned speech which alternated between attacking Russia and praising the US-led world order, while omitting the essence of the ongoing Cold War redux. Biden, a former senator and America’s second-highest official for two terms, took to the podium at the Munich Security Conference (MSC) on Friday evening Read More

Biden: With more sanctions & NATO pressure, Russians will look West, away from ‘deep black hole’

5 days ago DieselGasoil Comments Off on Biden: With more sanctions & NATO pressure, Russians will look West, away from ‘deep black hole’
Former US Vice President Joseph Biden delivered an impassioned speech which alternated between attacking Russia and praising the US-led world order, while omitting the essence of the ongoing Cold War redux. Biden, a former senator and America’s second-highest official for two terms, took to the podium at the Munich Security Conference (MSC) on Friday evening Read More