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D Dominion Energy Inc

50.21
-0.76 (-1.49%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dominion Energy Inc NYSE:D NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.76 -1.49% 50.21 51.22 50.20 51.00 3,477,144 01:00:00

Libyan Oil Output Jumps to Highest in More Than a Year

24/09/2014 4:20pm

Dow Jones News


Dominion Energy (NYSE:D)
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Libya's oil production has jumped to 900,000 barrels a day--its highest in more than year--after the country's largest field restarted, a top oil official said Wednesday.

This despite lingering disruption in the North African nation, with two rival governments now claiming control.

A spokesman for the state-owned National Oil Co. said Libya's overall oil production is now around 900,000 barrels a day after the resumption of the Sharara oil field Monday added about 200,000 barrels a day.

The facility had shut last week after rockets fell near the oil-port complex it supplies.

Production hadn't reached that level since July 2013, when rebels and protesters shut key oil ports and fields. Deals with the government this summer led to a gradual increase of production despite fighting in the country's largest cities in Tripoli and Benghazi.

Write to Benoit Faucon at benoit.faucon@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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