Libya's oil fields fall into Haftar's hands
The latest military moves leave the government in Tripoli increasingly under siege
Tobruk government forces led by general Khalifa Haftar have completed a dramatic offensive in southern Libya, leaving it in control of all the country's key oil fields. What it does with this control will likely define the future of the country's hydrocarbons industry. While Tobruk now controls the oil, it does not control the oil revenues. These go to a rival government, Tripoli's UN-backed Government of National Accord (GNA), by dint of its international recognition status. But in the wake of what is a shuddering defeat for the GNA, pressure is mounting for a new political deal. Haftar's offensive lasted six weeks and saw his Libyan National Army (LNA) sweep through southern Libya capturin

Also in this section
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek
11 March 2025
Direct air capture is still in its infancy, but organisations are seeking to leverage global collaborations and AI to discover new materials, with an aim of scaling up the technology and cutting costs
11 March 2025
Iran, Iraq, Venezuela, Nigeria and Kazakhstan all add significant volumes as core OPEC-9 feels the strain of compliance