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Libya Oil

Is Libya Slowly Falling Apart?

AP | RAMI AL-SHAHEIBI | Posted 05.06.2012 | World

BENGHAZI, Libya — Tribal leaders and militia commanders declared oil-rich eastern Libya a semiautonomous state on Tuesday, a unilateral move tha...

Gaddafi Is Dead: Is It the End or the Beginning of the War?

Haggai Carmon | Posted 12.21.2011 | World
Haggai Carmon

Gaddafi is dead, but many of his supporters are alive, armed to their teeth and are likely to seek revenge, for their loss in the war and for Gaddafi's killing.

Which Countries Will Benefit Most From The Return Of Libyan Oil? [GRAPHIC]

The Huffington Post | Harry Bradford | Posted 10.25.2011 | Business

As Libyan rebels celebrate the likely overthrow of Moammar Gaddafi's regime, nation's who once relied on Libya's oil exports may soon share their jubi...

Oil Prices Drop As Libyan Rebels Capture Most Of Country's Capital (VIDEO)

AP | CHRIS KAHN and JONATHAN FAHEY | Posted 10.22.2011 | Business

NEW YORK — It could be a year or more before Libya produces enough oil to start exporting it in large amounts again. But once the oil starts flo...

Libya Troops Boobytrap Brega Oil Installations

AP | ALAN CLENDENNING | Posted 09.20.2011 | World

MADRID — Libyan ruler Moammar Gadhafi's troops have boobytrapped petroleum installations in the strategic oil port of Brega so they can be blown...

Libyan Rebels Claim Biggest Boost To Campaign In Weeks, Government Denies Claim

Reuters | Nick Carey | Posted 09.17.2011 | World

By Nick Carey MISRATA, Libya, July 18 (Reuters) - Rebel forces have routed most of Muammar Gaddafi's troops in the Libyan oil town of Brega in ...

Is Libya's Top Oil Official Secretly Working For Gaddafi?

Reuters | Posted 07.24.2011 | World

LONDON (Reuters/Tom Bergin and Bill Maclean) - Top Libyan oil official Shokri Ghanem has not defected, contrary to widespread reports, and is secr...

Amanda Terkel

WATCH: Donald Trump's Big Idea To Lower Gas Prices

HuffingtonPost.com | Amanda Terkel | Posted 06.17.2011 | Politics

WASHINGTON -- With gas prices rising above $3.50 a gallon in all but one state, Americans are getting hit hard at the pump. But billionaire and presid...

Libya Blames Britain As Oil Production Falters

AP | HADEEL AL-SHALCHI and TAREK EL-TABLAWY | Posted 06.07.2011 | World

TRIPOLI, Libya — Libya's opposition could net more than $100 million from the oil shipment that left the eastern port of Tobruk this week, but i...

Attacks By Gaddafi Forces Halt Libyan Rebel Oil Production

AP | BEN HUBBARD | Posted 06.06.2011 | World

BENGHAZI, Libya — Three days of attacks by supporters of Libyan ruler Moammar Gadhafi have halted oil production in rebel-held fields in the cou...

Libyan Opposition Strikes Oil Deal

AP | BEN HUBBARD | Posted 06.01.2011 | World

BENGHAZI, Libya — A plan to sell rebel-held oil to buy weapons and other supplies has been reached with Qatar, a rebel official said Friday, in ...

Libya Rebels Seize Momentum, Take Back Key Oil Town

AP | RYAN LUCAS | Posted 05.27.2011 | World

AL-EGILA, Libya (AP) -- Libyan rebels took back a key oil town and pushed westward Sunday toward the capital, seizing momentum from the international ...

Gaddafi's Drumbeat Of Propaganda

AP/The Huffington Post | By HADEEL AL-SHALCHI | Posted 05.25.2011 | World

BANI WALID, Libya -- The family of a Libyan soldier killed in an allied airstrike quickly listed all those they blame in his death – al-Qaida milita...

Oil Prices Jump After UN Approves Military Action In Libya

Reuters | Alejandro Barbajosa | Posted 05.25.2011 | Business

SINGAPORE (Reuters) - Brent crude jumped by more than $1 to $116 on Friday on fears of rising geopolitical tension in the oil-rich Middle East and...

BP: Libya State Oil Contract Still Valid

Posted 05.25.2011 | Green

LONDON (Alex Lawler/Reuters) - BP Plc said on Thursday it saw its contract with Libya's National Oil Corporation as still valid, a day after Italy...

Libya's Oil Exports Have 'Ground To A Halt'

AP | By TAREK EL-TABLAWY | Posted 05.25.2011 | Business

CAIRO -- Libya's oil exports have "ground to a halt" because of the fighting between rebels and pro-government forces, and it could be months before t...

Gaddafi Rains Rockets On Rebels In Oil Port

AP/The Huffington Post | PAUL SCHEMM | Posted 05.25.2011 | World

BREGA, Libya — Moammar Gadhafi loyalists shelled around a key oil port Friday trying to dislodge rebels who have dug in and are struggling to re...

Is the House of Saud Next?

Jeffrey Rubin | Posted 05.25.2011 | Business
Jeffrey Rubin

Certainly, their political right to rule isn't any more legitimate, and perhaps no more sustainable, than Mubarak's or Gaddafi's. If so, the path to $200 a barrel oil is a lot shorter than you think.

Gaddafi Forces Hit Oil Facilities In Central Libya

AP/The Huffington Post | PAUL SCHEMM and MAGGIE MICHAEL | Posted 05.25.2011 | World

RAS LANOUF, Libya — Forces loyal to Moammar Gaddafi struck an oil pipeline and oil storage facility Wednesday, sending a giant yellow fireball i...

Oil Prices Soar: What Are You Cutting Back On?

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

With the average price of gasoline now above $3.50 per gallon, we asked our readers what spiking oil prices would cause them to cut down on. (See what...

Leaving Libya Well Enough Alone

Malou Innocent | Posted 05.25.2011 | World
Malou Innocent

To reduce anti-American radicalism we must: acknowledge that it exists; understand what fuels it; and, understand how our actions are perceived in a foreign context.

Gaddafi: The Fox Is Cornered

Eric Margolis | Posted 05.25.2011 | World
Eric Margolis

Gaddafi is a sad example of the maxim about absolute power corrupting absolutely. People like me who relish political theater of the absurd will miss the "Leader;" but most of his people, I suspect, will not.

Libya Pressed Oil Firms To Reimburse Terror Costs: Wikileaks

Posted 05.25.2011 | World

LONDON (Reuters) - Libya's ruling family tried to coerce billions of dollars from Libyan and foreign oil companies, and its leader Muammar Gaddafi ex...

Libya Chaos Could Leave 'Lasting Scars' On Area's Oil Production

Posted 05.25.2011 | Business

NEW YORK (By By Joshua Schneyer) - Regardless of what comes next in Libya's lethal political standoff, the OPEC country's oil sector is nearly ce...

Libya Chaos Could Leave 'Lasting Scars' On Area's Oil Production

Posted 05.25.2011 | Business

NEW YORK (By By Joshua Schneyer) - Regardless of what comes next in Libya's lethal political standoff, the OPEC country's oil sector is nearly ce...