TotalEnergies and ConocoPhillips have completed their joint acquisition of a minority stake held by US player Hess in Libya's Waha concessions. As a result of the deal, TotalEnergies’ interest in these concessions increases from 16.33% to 20.41%, while ConocoPhillips holding will also rise to 20.41% after acquiring its half-share of Hess's stake. Hess used to control an 8.16% interest in Waha, but its priorities are now Guyana and US onshore plays. TotalEnergies said the acquisition reflects its commitment to support the plan by state-owned National Oil Corporation (NOC) to restore and increase the country’s oil production, together with reducing gas flaring to increase supply to power plants for additional electricity supply.

The head of the State Council, Khaled Al-Mashri, accused Abdel Hamid Dbeibah of “trying to prevent the council from holding its session and performing its duties.”The State Council was scheduled to hold a session at the Mahari Hotel in Tripoli to review the report of the committee for selecting sovereign positions, and to discuss the mechanism of unifying the executive authority, but a military force prevented members from entering the meeting room to hold the session. Al-Mashri said that the Council was supposed to vote on the entire constitutional base after voting on it article by article, wondering about the reasons that “made Dbeibah prevent the State Council from holding its session.”Al-Mashri confirmed that they will file a complaint with the Public Prosecutor regarding this incident and inform the relevant local and international parties, adding that they will resume their sessions, and “no one will succeed in intimidating them or forcing them to take any decision.”

Member of the State Council, Adel Karmous, confirmed that the session of the State Council today was postponed after the release of a statement by the Dbeibah government, which he described as threatening. Karmos said in a press statement, “the false statement of the Dbeibah government claimed that those who prevented the session from convening were civilian demonstrators.”On Monday, the State Council, headed by Khaled Al-Mashri, issued a statement confirming that an armed militia affiliated with Abdel Hamid Dbeibah prevented members of the Council from entering the meeting room in which the council’s session will be held today, noting that it had deployed armed vehicles in front of the council’s headquarters.

This Monday, The Glimpse Group subsidiary Qreal launched TRYO, a multi-brand, multi-category virtual try-on platform for smartphones. The service contains a vast library of 3D digital twins of real-life products from major clothing brands, which the firm updates weekly. Clients can integrate TRYO as a website display, allowing users to access the virtual try-on platform without leaving the brand’s homepage. Cadoux also added,“We want to show brands how easy it could be to embed a virtual try-on experience into their own websites. Leveraging ARKIT by AppleThe TRYO service also leverages ARKIT by Apple, thanks to a collaboration with the virtual try-on service Wanna Fashion.

EXPLAINER: Qatar’s role in diplomacy ahead of 2022 World CupBy ISABEL DEBRE - Associated PressKamran Jebreili - staff, AP FILE - A lifeguard for a hotel swimming pool looks at the West Bay district, populated by many modern high rises, in Doha, Qatar. For decades, Doha has flung open its doors to Taliban warlords, Islamist dissidents, African rebel commanders and exiles of every stripe. Malak Harb - staff, AP FILE - Al-Jazeera staff work at their TV station in Doha, Qatar, Thursday, June 8, 2017. For decades, Doha has flung open its doors to Taliban warlords, Islamist dissidents, African rebel commanders and exiles of every stripe. For decades, Doha has flung open its doors to Taliban warlords, Islamist dissidents, African rebel commanders and exiles of every stripe.

Türkiye is in talks with Nigeria and Libya as it seeks alternative sources of gas, the country’s minister for Energy Fatih Donmez has said. We consider establishing partnerships with those countries to acquire a share in the production of natural gas or oil. Donmez stressed that Türkiye may further diversify its suppliers of natural gas. We are in talks with Libya.”The minister added that all natural gas storage facilities were full as of the end of September and ready for the winter. Construction of the Akkuyu Nuclear Power Plant continues at “full speed,” he said, recalling that a second nuclear plant is planned to be built in the province of Sinop.

Oil Production: Again, OPEC Data Shows Angola, Algeria, Libya Overtook Nigeria in October•Africa’s biggest producer retains 4th position•Oil cartel cuts global demand forecast by 100,000bpdEmmanuel Addeh in AbujaLike in previous months, Angola, Algeria and Libya again pushed Nigeria to the fourth position in October, as Africa’s ‘biggest’ oil producer struggles with sundry issues which have hobbled it’s capacity to meet the Organisation of Petroleum Exporting Countries (OPEC) oil quota. While in the month under review, Algeria drilled 1.060 million barrels per day, Angola produced 1.051 million bpd, Libya’s output was 1.163 million while Nigeria’s oil production stood at 1.024 million bpd. Meanwhile, OPEC has made another cut to its global oil demand growth forecast, trimming around 100,000 bpd from its projections for both 2022 and 2023. This year’s growth is now pegged at 2.55 million bpd, compared with a previous forecast for 2.64 million bpd, OPEC said. The crude oil production of all 13 OPEC members, including those exempt from the OPEC+ pact – Venezuela, Iran, and Libya – averaged 29.49 million bpd in October, according to secondary sources.

Prime Minister Robert Abela said the solution to migration is to stem the flow of boats leaving Libya to stop people from embarking on perilous sea journeys and applying for asylum in Malta and Europe. This came after Malta signed a joint statement with Italy and other Mediterranean countries to promote a coordinated approach on immigration policy. The solution, he added, is not that of allowing asylum seekers leave Libya on boats “and then see what happens boat by boat when they’re in danger in the middle of the sea,” but to stem the flow of migration at source. Over the weekend, Italy, Greece, Malta and Cyprus signed a statement in which they effective attacked NGO rescue boats, which they claimed do not respect international law. Several international reports, as well as thousands of accounts by survivors, have documented the heinous treatment meted out to migrants and refugees in Libya.

The crude oil production of all 13 OPEC members, including those exempt from the OPEC+ pact - Venezuela, Iran, and Libya - averaged 29.49 million bpd in October, according to secondary sources in the organization’s closely-watched Monthly Oil Market Report (MOMR) published on Monday. Saudi Arabia’s production dropped the most among OPEC members and was below the targeted production level of 11.004 million bpd per the schedule the OPEC+ meeting had adopted. The Kingdom self-reported higher production for October than secondary sources’ estimates, at 10.957 million bpd, down by 84,000 bpd compared to September. Angola’s crude oil production fell by 78,000 bpd to 1.067 million bpd in October, according to OPEC’s secondary sources. Angola’s target, however, is much higher, at 1.525 million bpd, meaning that the country was nearly 500,000 bpd below target.

Foreign affairs and trade minister Ian Borg and energy minister Miriam Dalli were in Libya on Sunday where they held a number of bilateral meetings in Libya. Among others, Borg and Dalli held meetings with Libya’s minister for foreign affairs Najla El Mangoush, oil and gas minister Mohammed Oun and environment minister Ibrahim Munir Al-Arabi. The ministers stated that “through these discussions, we continue to see together so that our peoples benefit from a better quality of life”. Dalli said that the Maltese government was committed to exploring opportunities with Libya in the energy sector, particularly in renewables. Malta is committed to continue investing in the diversification of its energy sources”, Dalli said.

Mishri stated that HSC members were prevented from entry by the Constitutional Defence Force by instruction from the Defence Minister (Aldabaiba). He singled out Ibrahim Aldabaiba, Aldabaiba’s nephew and consultant, and Aldabaiba’s media guru, Walid Alafi, for being behind the incident. He said Aldabaiba wants to monopolise power and fears his government will be replaced if the HSC and HoR reach consensus. Complaint to Attorney GeneralMishri also directed a legal complaint to the Attorney General for the prevention by force of the HSC from holding its meeting. To this end, he called for an urgent meeting between the HSC and HoR under the auspices of UNSMIL to unify the government and prepare for elections.

The European Union’s Operation Irini taskforce has intercepted a Dutch multipurpose cargo ship carrying military vehicles to Libya. The 4,400-dwt Meerdijk (built 2010) was boarded for an inspection off the coast of the North African country on 11 November. Operation Irini said it was carrying cargo that represented a “possible violation” of the United Nations arms embargo. A European military vessel operating in the central Mediterranean for Irini had detected the Meerdijk on its way to Libya.

Libya’s first Digital Bank can go on to become a regional giant like Brazil’s Nubank, Jamal Abdel Malek, its founder said. He was speaking exclusively to Libya Herald at the Libyan Banking Sector Development Forum 8 to 9 November in Tunis. A respected Libyan banking pioneerA respected pioneering Libyan banker, Abdel Malik was until very recently chairman of the (Libyan) Bank of Commerce and Development (BCD). LD 200 million capitalAbdel Malik announced the creation of the Libyan Digital Bank on 1 October. Nubank, which Abdel Malik referred to as the example of his new digital bank, is headquartered in Sao Paulo, Brazil.

Italy, France call for ‘full cooperation’ after migrant spatBy NICOLE WINFIELD - Associated PressDaniel Cole - stringer, AP Cars line up for police checks before entering France from Italy at a border crossing in Menton, southern France, Sunday, Nov. 13, 2022. Daniel Cole - stringer, AP French police detain a woman without papers on a train crossing into France from Italy at the Menton Garavan train station in Menton, southern France, Sunday, Nov. 13, 2022. Daniel Cole - stringer, AP Cars line up for police checks before entering France from Italy at a border crossing in Menton, southern France, Sunday, Nov. 13, 2022. Daniel Cole - stringer, AP Cars line up for police checks before entering France from Italy at a border crossing in Menton, southern France, Sunday, Nov. 13, 2022. Daniel Cole - stringer, AP Cars line up for police checks before entering France from Italy at a border crossing in Menton, southern France, Sunday, Nov. 13, 2022.

AP FILE1943 — Sid Luckman of the Chicago Bears becomes the first pro to pass for more than 400 yards (433) and seven touchdowns in a 56-7 victory over the New York Giants. Sid Luckman, right, Chicago Bears quarterback, and his understudy at the position, Bob Snyder, set three football records in the Polo Grounds in New York City, Nov. 14, 1943, as the Bears walloped the New York Giants, 56-7. (AP Photo/John Rooney)