Feature: Protests and political jostling threaten Libyan oil sector rejuvenation

Libyan oil and gas blockades could hinder an upstream revival just as opposing political factions are intensifying their struggle for power, after protesters closed the conflict-prone country’s largest oil field this month. The North African nation’s crucial oil industry enjoyed a relatively calm 2023, with average production climbing to 1.13 million b/d, according to the Platts OPEC Survey from S&P… Libyan oil and gas blockades could hinder an upstream revival just as opposing political factions are intensifying their struggle for power, after protesters closed the conflict-prone country’s largest oil field this month. The North African nation’s crucial oil industry enjoyed a relatively calm 2023, with average production climbing to 1.13 million b/d, according to the Platts OPEC Survey from S&P… Read More