Tripoli mise sur des partenariats avec des majors et jusqu’à 4 milliards $ d’investissements pour relancer sa production pétrolière, malgré un climat politique divisé.
KLN strengthens its industrial project portfolio with progress on the WHPA platform in Libya, a major offshore site valued at over HK$10bn ($1.28bn), aimed at supporting regional gas supply.
Nicola Mavilla succeeds Kevin McLachlan as TotalEnergies' Director of Exploration, bringing over two decades of international experience in the oil and gas industry.
Eni North Africa restarts drilling operations on well C1-16/4 off the Libyan coast, suspended since 2020, aiming to complete exploration near the Bahr Es Salam gas field.
Athens and Tripoli engage in a negotiation process to define their exclusive economic zones in the Mediterranean, amid geopolitical tensions and underwater energy stakes.
Nigeria and Libya have initiated technical discussions on a new pipeline project to transport Nigerian gas to Europe through the Mediterranean network.
Chevron has opened talks with Libya’s National Oil Corporation on a possible return to exploration and production after leaving the country in 2010 due to unsuccessful drilling.
OPEC+ oil production fell to 41.65 million barrels per day in July 2025, reveals S&P Global's Platts survey, as Saudi Arabia normalizes production after June's Iran-Israel tensions.
BP has announced the discovery of an oil and natural gas field off the coast of Brazil, in the Santos Basin, marking its most significant find in a quarter of a century.
The Anglo-Dutch company maintains its oil and gas operations on the African continent, betting on offshore exploration and the reactivation of onshore fields, while the institutional and regulatory context remains uncertain.
BP and Shell intensify their commitments in Libya with new agreements aimed at revitalizing major oil field production, amid persistent instability but rising output in recent months.
The flow of crude between the Hamada field and the Zawiya refinery has resumed after emergency repairs, illustrating the mounting pressure on Libya’s ageing pipeline network that threatens the stability of domestic supply.
Facing an under-equipped downstream sector, Mauritania partners with Sonatrach to create a joint venture aiming to structure petroleum products distribution and reduce import dependency, without yet disclosing specific investments.
Libya officially contests Greece's allocation of offshore oil permits, exacerbating regional tensions over disputed maritime areas south of Crete, rich in hydrocarbons and contested by several Mediterranean states.
OPEC confirms global oil demand estimates for 2025-2026 despite slightly adjusted supply, while several members, including Russia, struggle to meet their production targets under the OPEC+ agreement.
Libya's oil production reached a twelve-year high of 1.23 million barrels per day, even as persistent political tensions and violent clashes in Tripoli raise concerns about the sector's future stability.
In 2024, Italian energy giant Eni paid approximately €8.4 billion to various global governments. These payments, primarily concentrated in Africa and Asia, reflect its commitments in the international energy sector.
The IMF forecasts robust economic growth for Libya in 2025 driven by oil, but warns that structural reforms are essential to avoid renewed vulnerability to global market shocks.
Spot prices for liquefied natural gas in Europe are in difficulty compared with long-term oil-indexed contracts, due to persistently low crude oil prices and winter uncertainties.
In Libya, oil exports remain blocked due to a dispute over control of the Central Bank.
A few shipments have been authorized from stocks, but production remains severely impacted.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
Egypt, faced with an energy crisis due to a drop in gas production, depends on financing from Saudi Arabia and Libya to secure its purchases of liquefied gas.
National Oil Company announces force majeure on El-Feel, heightening tensions over control of Libya's Central Bank.
Oil production disruptions exacerbate fuel shortages against a backdrop of political rivalries.
Despite high European inventories, the global LNG market remains exposed to supply risks and growing demand from Asia and Latin America, fuelling tensions ahead of winter.
In Libya, the struggle for control of the Central Bank is causing growing tensions, forcing the governor to flee under threat and leading to an oil blockade that is severely affecting production and international markets.
OPEC+ is sticking to its strategy of increasing oil production from October onwards, despite downward pressure on Brent and WTI prices and expectations of market stabilization.
Liquefied natural gas (LNG) prices in Asia continue to climb relative to the US, buoyed by geopolitical tensions and global supply disruptions, reflecting an energy market under pressure.
A security agreement was reached in Tripoli to protect critical infrastructures, including those in the energy sector, at the heart of the current tensions in Libya.
Libya's Oil Minister, Khalifa Rajab Abdulsadek, is charged with corruption by the Attorney General, marking a new stage in the political crisis that is disrupting the country's oil production.
Production at Libya's Sharara oilfield is partially halted due to protests, threatening to reduce output to zero according to the National Oil Corporation (NOC).
Global oil reserves remain stable at 1,536 billion barrels, posing a challenge in the face of growing demand without rapid electrification of transport.
The first shipments of Senegalese crude oil from the Sangomar project are on their way to refineries in the Netherlands and Germany, marking a new era for the Senegalese economy.
