Business Headlines International Libya

Libya seeks to restore flights with UK

The restoration of flights between Libya and the United Kingdom, particularly to cities with significant Libyan communities was discussed at a meeting between Head of Libya’s Civil Aviation Authority, Abdul Rahman bin Youssef, and British Ambassador to Libya, Martin Longden. The British diplomat agreed to liaise with relevant UK departments to support the Civil Aviation […]

Headlines Libya

Libyan civil society organizations seek to hold Conference in Geneva to revive political process

A Swiss newspaper has reported on September 3 that representatives from Libyan civil society, as well as economic, political, and academic sectors, are intensifying their appeals to the United Nations to organize a Conference in Geneva to revitalize the political process in Libya. La Tribune de Genève highlighted that the ongoing tensions related to the […]

Features Headlines Libya

Naval Academy Commander assassinated near Tripoli

On September 1 evening, Abdulrahman Milad, also known as “Al-Bidja,” the Commander of the Naval Academy in Libya, was assassinated by gunmen as he was leaving the academy in Sayyad, located west of Tripoli. In response to the assassination, protests erupted in Zawiya, Milad’s hometown, where demonstrators blocked the coastal road. The former head of […]

Energy Features Headlines Libya

NOC declares force majeure on El Feel oil field in southwest Libya

On Monday September 2, the National Oil Corporation (NOC) declared force majeure on the El Feel oil field in southwestern Libya, citing circumstances beyond its control as the reason for this measure. According to the NOC’s statement, the declaration was necessitated by current issues affecting crude oil production in Mellitah, which have hindered its ability […]

Energy Libya

Orders issued for Sarir, Messla, and Nafoura oilfields to resume production

Engineers from Libya’s Sarir, Messla, and Nafoura oilfields told Reuters on Saturday August 31, that they had received orders to resume production. This development marks a significant shift following a prolonged standoff between rival political factions that had led to the closure of most of the country’s oilfields. The resumption of operations was directed by […]

Finance Headlines Libya

Libya: UN Security Council urges consensus-based resolution for Central Bank crisis

UN Security Council members voiced concerns over recent tensions in Libya, urging all Libyan actors and institutions to avoid unilateral actions that could escalate conflicts and deepen divisions. The council members called on Thursday for a de-escalation of tensions, urging Libyan leaders to refrain from using force, threats, or economic pressure, and to seek a […]

Energy Headlines Libya

Libya: Dbeibah reaffirms need to hold accountable parties behind oil shutdown

Libyan Prime Minister Abdul Hamid Dbeibah underscored the urgent need to hold accountable those responsible for the closure of the country’s oil fields during a meeting with Stephanie Koury, the Acting Head of the United Nations Support Mission in Libya. During their talks, on Wednesday, Dbeibah and Koury reviewed recent political developments in Libya and […]

Energy Finance Headlines Libya

UN, Washington call for Libyan talks to resolve Central Bank crisis

The United Nations and the US have called for an “urgent” meeting of Libyan political leaders to address the crisis of the Central Bank of Libya (BCL) and the blockade of oil production and exports. The UN Support Mission in Libya expressed “deep concern” over the worsening situation and convened a meeting to seek a […]

Business Finance Headlines Libya

New board of Central Bank of Libya confirms start of duties from Tripoli headquarters

The Board of Directors of the Central Bank of Libya, appointed by the Presidential Council, announced on Monday (August 26) evening that it has fully assumed its management duties. The announcement was made through a statement on the bank’s Facebook page. In the statement, the board affirmed its dedication to ensuring a smooth transition and […]

Energy Headlines Libya

Libya: Oil fields closed and exports suspended by Eastern Authorities

Authorities in Eastern Libya announced on Monday, August 26, 2024, the closure of all oil fields and terminals and halted exports indefinitely amid a severe political crisis with the UN-recognized government in Tripoli. This move comes in response to Tripoli’s takeover of the Central Bank and the replacement of its governor, Al Siddik al Kabir, […]