Libya lifts force majeure on Sharara oil field as production restarts

Libya’s National Oil Corp. is lifting force majeure on Sharara, its largest oil field, and restarting production after a two-week shutdown caused by protests NOC said Jan. 21 on X, formerly Twitter. A source told S&P Global Commodity Insights that the field has started producing again. Force majeure was declared on Jan 7 after protesters from the South Western Ubari… Libya’s National Oil Corp. is lifting force majeure on Sharara, its largest oil field, and restarting production after a two-week shutdown caused by protests NOC said Jan. 21 on X, formerly Twitter. A source told S&P Global Commodity Insights that the field has started producing again. Force majeure was declared on Jan 7 after protesters from the South Western Ubari… Read More