That’s a problem because it can cause algae blooms, contaminate drinking water and feed the so-called “dead zone” in the Gulf of Mexico. Activists and scientists say little change has happened because curbing the pollution relies mostly on voluntary action by farmers. Libya resumes production at oilfieldLibya’s state-owned oil company says production has resumed at the country’s largest oilfield, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages. The National Oil Corp. said in a terse statement it lifted the force majeure at the Sharara oil field in the country’s south on Sunday and resumed full production. Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011.

January 21, 2024 22:53 UTC

The Attorney General’s Office reported yesterday that it has initiated proceedings after the seizure of approximately 8.604 million hallucinogenic tablets containing the addictive substance pregabalin by Benghazi Customs Authorities at Benghazi Port. The importers were attempting to smuggle the quantity into Libya inside a container. The container had arrived onboard a ship from India.

January 21, 2024 21:36 UTC

After a hiatus of more than two weeks due to protesters blocking the facility over fuel shortages, Libya’s state-owned oil company has resumed production at the country’s largest oilfield on Sunday. The National Oil Corp. said in a terse statement that it lifted the force majeure at the Sharara oil field in the country’s south and resumed full production. Over the past two weeks, the company’s chief, Farhat Bengdara, and military officials from eastern Libya have been negotiating with the protest leaders, Fezzan Group. Barzingi al-Zarrouk, the protesters’ spokesman, announced that they had suspended their protest after they reached an agreement with the company. Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011.

January 21, 2024 16:31 UTC

Libya’s National Oil Corporation on Sunday announced the resumption of crude production from the Sharara oilfield in the country’s south. The crude production facility, which was shut down on January 7 following protests by area residents demanding better infrastructure and economic opportunities, produces 300,000 barrels of oil a day. "NOC declares lifting of force majeure and resumption of full production from Sharara", the state-run energy company said in a Facebook post. Sharara field is vital to the future plans of NOC, which in October said it planned to increase its crude production to 2 million bpd over the next three to five years. Hydrocarbons make up about 95 per cent of Libya's exports and account for nearly 95 per cent of government revenue.

January 21, 2024 16:14 UTC

Libya's state-owned oil company resumed production at the country's largest oilfield Sunday, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages. The National Oil Corp. said in a terse statement that it lifted the force majeure at the Sharara oil field in the country's south and resumed full production. Force majeure is a legal maneuver that releases a company from its contractual obligations because of extraordinary circumstances. Barzingi al-Zarrouk, the protesters' spokesman, announced that they have suspended their protest after they reached agreement with the company. Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011.

January 21, 2024 15:30 UTC





Libya’s state National Oil Corporation (NOC) has announced that it has lifted the state of force majeure on the Sharara oilfield. It reports that the field is returning to full production. It will be recalled that the NOC had declared a state of force majeure on the Sharara oilfield on Sunday 7 January after local protesters had forced the field to close. The protesters were ostensibly demonstrating against local grievances such as shortages of supplies, including vehicle fuel and cooking gas. NOC declares force majeure on Sharara oilfield due to closure by local protesters (libyaherald.com)

January 21, 2024 14:35 UTC

The Libyan Export Promotion Centre (LEPC) reported yesterday that Al-Sababeel Company, one of the companies registered in its Exporters’ Registry, has exported 300 tons of dates to Morocco. This consignment is a first shipment among agreed-upon shipments to Morocco. The LEPC also reported that the same company has also exported 25 tons of dates to Malaysia.

January 21, 2024 14:35 UTC

CAIRO (AP) — Libya’s state-owned oil company resumed production at the country’s largest oilfield Sunday, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages. The National Oil Corp. said in a terse statement that it lifted the force majeure at the Sharara oil field in the country’s south and resumed full production. Force majeure is a legal maneuver that releases a company from its contractual obligations because of extraordinary circumstances. Barzingi al-Zarrouk, the protesters’ spokesman, announced that they have suspended their protest after they reached agreement with the company. Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011.

January 21, 2024 14:16 UTC

In an effort to streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase (www.Backbase.com), the renowned expert in engagement banking platform solutions worldwide. Backbase stands out as a market leader with top-notch innovative digital platform capabilities, making it a preferred choice for this partnership. About Libyan Islamic Bank:Libyan Islamic Bank, established in 2017, is an Islamic financial institution based in Libya with a capital of 250 million Libyan dinars. Backbase created the Backbase Engagement Banking Platform – a unified platform with the customer at the center, empowering banks to accelerate their digital transformation. Over 120 financials around the world have embraced the Backbase Engagement Banking Platform - including Over 120 financials around the world have embraced the Backbase Engagement Banking Platform - including Standard Bank, Mauritius Commercial Bank, I&M, BIAT, Stanbic Bank, Advanzia, Banco Caja Social, Banco de la Nacion Peru, Bank of the Philippine Islands, Citizens Bank, Greater Bank, HDFC, Judo Bank, KeyBank, National Bank of Bahrain, Natwest, Raiffeisen, Société Générale Group, and TPBank.

January 20, 2024 00:19 UTC

The Libyan Investment Authority (LIA) announced today that it has signed a strategic agreement with BP to enhance the partnership. The LIA said the agreement aims to enhance cooperation and partnership between the two parties to confirm the progress of the exploratory project in the Ghadames Basin and the Gulf of Sirte for blocks A, B & C, in partnership with Eni and the National Oil Corporation. It said that this project is considered one of the largest exploratory projects in Libya due to the exploration it includes on land and at sea. The LIA reported that the two parties expressed their optimism about the success of the partnership and their confidence in overcoming the challenges. They also discussed searching for new projects in the field of oil and gas to contribute to increasing Libyan production, as well as alternative energy projects to support the energy sector in Libya and reduce emissions.

January 19, 2024 10:43 UTC

In the wake of the approval of the second interconnector linking Malta and Italy, the Maltese government is reportedly considering separate energy supply agreements with Libya and Egypt. The accord was formalised during a meeting between Egyptian Energy Minister Mohammed Shaker and Malta’s Energy Minister Miriam Dalli, emphasising the positive diplomatic relations between the two nations. Meanwhile, in Libya, the General Electricity Company of Libya (GECOL) expressed serious interest in constructing an interconnector involving Malta, Italy, and Greece. In June 2023, Malta and Libya signed a memorandum of understanding, committing to collaborate on an energy interconnector connecting their electricity grids. Malta envisions becoming a conduit for green energy between Libya and Europe, building on its existing energy interconnection with Sicily.

January 19, 2024 10:16 UTC

Mauritania will reopen its embassy in the capital of Libya, Tripoli, revealed the Minister of Foreign Affairs and International Cooperation of Mauritania, Mohamed Salem, during a meeting with Libyan Prime Minister Abdul Hamid Dbeibeh in Tripoli today. According to a statement by the premier’s media office, Salem presented Dbeibeh, during the meeting, with a verbal message from the President of Mauritania, Mohamed Ould Ghazouani, confirming the depth of relations between the two countries and working to coordinate efforts at the level of the Arab Maghreb Union and the African Union. For his part, Dbeibeh called for the strengthening of economic cooperation between Libya and Mauritania and underlined the “historic relationship” between the two countries. The Prime Minister underlined the need to continue cooperation in all fields, as well as to create opportunities for Libyan producers and the private sector to present their activities in Mauritania with exhibitions and business forums in Nouakchott.

January 19, 2024 05:17 UTC

The General Electricity Company of Libya (GECOL) reveal yesterday that Greece, Italy and Malta will be the points of electrical interconnection with the European Union. The revelation was made during the Third Meeting of GECOL’s International Interconnection Committee held yesterday at GECOL’s Tripoli headquarters on Al-Swani Road. The meeting announced the start of studying a project to activate electrical interconnection points with European Union countries and to intensify efforts and overcome all obstacles and difficulties to ensure the success of plans and programmes. This comes within GECOL’s framework to diversify energy sources and strengthen the Libyan electrical network by increasing its stability. Libya and Greece to strengthen cooperation in the Electrical Interconnection Project (libyaherald.com)Libya discusses cooperation in renewables with Greece (libyaherald.com)Libya and Malta discuss strengthening energy cooperation and follow up on June’s MoU (libyaherald.com)Libya and Malta sign MoU on electricity connectivity during Maltese PM’s Tripoli visit (libyaherald.com)The International Conference on Renewable Energies and Green Hydrogen in Benghazi discusses several key topics (libyaherald.com)Beyond the controversial Turkish maritime agreement: Greece seeks cooperation in energy, construction, maritime transport, health, security, tourism, education and culture (libyaherald.com)GECOL agrees MoU to create Arab electricity network (libyaherald.com)

January 19, 2024 02:24 UTC

Turkish contractor fails to revive treaty claim against LibyaThe claim centred around construction projects in Tripoli (Credit: Shutterstock/Hussein Eddeb)The claim centred around construction projects in Tripoli (Credit: Shutterstock/Hussein Eddeb)The Paris Court of Appeal has upheld an ICC award that dismissed a US$190 million investment treaty claim brought by a Turkish construction company against Libya over projects left unfinished after recent civil war.

January 18, 2024 21:15 UTC

A boat in distress was intercepted by a rescue ship, saving 126 people, including 30 minors and one infant. Mediterranean Sea – In the pitch-black hours of early Thursday morning, the Humanity 1 rescue ship approached a sky-blue wooden boat in distress in the central Mediterranean Sea. They boarded the Humanity 1 barefoot, completely soaked in saltwater and obviously suffering from the cold and severe dehydration. The Humanity 1 was assigned a port of safety in Genova, north of Italy – but will request a closer port to disembark the suffering survivors sooner. Humanity 1 is operated by the German NGO SOS Humanity and has been undertaking risky search-and-rescue missions across the Mediterranean Sea since 2022.

January 18, 2024 15:21 UTC