Tue, 21-Oct-2025

Libya halts operations at the country’s largest oilfield

Libya

Libya’s National Oil Company (NOC) has halted production at two key oil fields: Zouetina and al-Charara, after the closure of many other facilities due to demonstrations and political conflicts. The blockades imposed on Monday come as Libya struggles to move on from the years of Muammar Gaddafi’s rule, which was deposed in 2011. In February, … Read more

Saudi Arabia isn’t moving away from oil but firmly supports emission cuts

LONDON/RIYADH: Saudi Arabia will not stop producing oil and natural gas. As a matter of fact its national oil company, Saudi Aramco, is pressing ahead with plans to increase its maximum production capacity by another million barrels to hit 13 million barrels/day, Arab News reported. “We know that there will be demand for Saudi oil,” Saudi Energy … Read more