Militant conflict to constrain Libya's oil resurgence
The oil recovery will continue, if the civil war and political spats allow it
Two men hold the key to whether Libya's oil recovery continues through 2019, or crashes amid worsening civil war. The first of them is Mustafa Sanallah, chief of the National Oil Corporation (NOC). Left to his own devices, Sanallah will oversee further gains in production that has jumped five-fold in two years. His deft political footwork will continue to navigate a path between the country's two warring governments, in Tripoli and Tobruk. Oil production, currently 1.3mn bl/d will inch upwards to the 1.6mn b/d mark it enjoyed prior to the 2011 revolution. Next year will also see the return of exploration, abandoned in the revolution, with Italy's Eni partnering BP in sinking rigs into giant
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026






