An overview of key stories in Libya's energy sector, including oil production updates, infrastructure challenges and market trends for the week ending on Friday, Oct 18, 2024.
An overview of key stories in Libya's energy sector, including oil production updates, infrastructure challenges and market trends for the week ending on Friday, Oct 11, 2024.
An overview of key stories in Libya's energy sector, including oil production updates, infrastructure challenges and market trends for the week ending on Friday, Oct 4, 2024.
On August 18th, the Presidential Council reshuffled Libya's Central Bank leadership, ousting Sadiq al-Kabir amid rising tensions. This article provides a quick recap on the ongoing crisis.
Libya's Central Bank leadership crisis deepens as opposing political factions reject dialogue, fueling an economic impasse. With oil output halved and conflicting narratives from former and current leaders, the nation faces a ticking time bomb for its economy.
The Central Bank of Libya faces turmoil as PM Dabaiba ousts Governor al-Kabir, deepening political rifts. The Presidential Council's unilateral actions jeopardize its neutrality, while international mediation falters.
Libya faces a precarious future after a Central Bank takeover and an oil blockade, igniting fears of potential conflict and further economic collapse. With key stakeholders divided, this article examines what happened and what's next for Libya.
The recent Cairo meeting between Libya's HoR and HCS has sparked renewed hope for a unified government, gaining support from various stakeholders. As Misrata pushes for political reconciliation, the UN emphasizes an inclusive electoral process, while distrust remains towards the current leadership.
Last week, members of the House of Representatives and the High Council of State met to lay the groundwork for the formation of a new unity government and the holding of general elections. This opens Libya up to a highly fraught scenario.
For the second time in 2024, Libya hosted an international conference on migration.
Far from being a sudden breakthrough that could lead to unify Libya’s executive authority, this budget further solidifies the country’s status quo and formalises the CBL Governor Sadiq al-Kabir’s double game in funding both rival governments in Libya.
So far, 2024 has been defined by electoral upheavals that reflect public dissatisfaction with the status quo and mainstream politics. It remains to be seen whether Libya's upcoming municipal elections can help the country rid itself of its own status quo and make way for a new political class.
This article examines three possible scenarios that Libya could be facing in the coming weeks, depending on whether it manages to achieve a breakthrough in its political process or whether it goes towards less promising paths.
Earlier this month, Mohamed Aoun was said to be reinstated as Minister of Oil & Gas. However, he has been unable to assume his duties as the acting O&G Minister Khalifa Abdulsadek continues to occupy his seat.
Six months after the High National Elections Commission (HNEC) announced the launch of municipal elections, the Commission has initiated elections for the first group of municipal councils with expired terms and newly established steering councils.
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