Tag Archives | Russia

Russia's Tatneft "to Resume Oil Exploration in Libya"

By John Lee. Russia's Tatneft reportedly intends to resume production and exploration in Libya. Tatarstan's President Rustam Minnikhanov is said to have told TASS news agency that the company is "studying the resumption of work in 4 exploration blocks in Libya". The National Oil Corporation (NOC) announced in December 2019 that Tatneft had already resumed […]

US says UAE Possibly Funding Russian Mercenaries in Libya

By Amy Mackinnon and Jack Detsch for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Libya Business News. Pentagon Says UAE Possibly Funding Russia's Shadowy Mercenaries in Libya Summer always seems to be the cruelest season in the Middle East. The examples include the […]

Wintershall transfers Libyan Contract Areas to SOO

Wintershall Aktiengesellschaft (WIAG) has transferred operatorship of Contract Areas 91 (former Concession 96) and 107 (former Concession 97) in the onshore Sirte Basin to Sarir Oil Operations (SOO), a newly established joint operating company with the National Oil Corporation (NOC). After the signing of two Exploration and Production Sharing Agreements (EPSAs) in December 2019, WIAG […]

For Turkey, Libyan Conflict and Eastern Med "Inextricably Linked"

By Ahmed Helal, for The Atlantic Council. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. For Turkey, the Libyan conflict and the eastern Mediterranean are inextricably linked On September 3, the United Nations warned that war-torn Libya is at a "decisive turning point," with […]

EU, UK sanction Russian Businessman over Libya activites

By John Lee. Both the European Union and the United Kingdom have placed sanctions on Kremlin insider Yevgeniy Viktorovich Prigozhin, who is allegedly responsible for significant foreign mercenary activity in Libya and multiple breaches of the UN arms embargo. According to the EU's claim, Prigozhin is a Russian businessman with close links, including financially, to […]

Williams meets Russian FM for talks on Libya

Acting Special Representative of the Secretary-General (ASRSG) for Libya and Head of the United Nations Support Mission in Libya Stephanie Williams completed an official visit to Moscow yesterday where she discussed the situation in Libya with Russian officials. ASRSG Williams held a productive meeting with H.E. Minister of Foreign Affairs of the Russian Federation Sergey […]

A Grim Assessment of Libya's Prospects

By Steven A. Cook for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Libya Business News. The End of Hope in the Middle East Summer always seems to be the cruelest season in the Middle East. The examples include the June 1967 war, Israel's […]

Video: "Why Russian Mercenaries seized control of Key Oilfield"

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. Russian mercenary groups have enabled renegade military commander Khalifa Hafter, who is based in eastern Libya, to blockade the country's oil exports, starving the country of much-needed money. Moscow's backing of Haftar, a […]