Libya holds Africa’s largest proven reserves (48 billion barrels) and has lifted output back toward 1.4 million bpd.

As widespread, bloody revolt and army defections threaten Muammar Qaddafi's four-decade grip on power, global stock markets are reeling and the price of oil is soaring, hitting a two and a half-year ...

Abdelkarim Mgeg’s bid for Libyan leadership raises slim hopes for a brighter future in a war-torn country. Libya has long slipped down Washington’s list of priorities. Since the fall of Muammar ...