Fire Hits Oil Production at Major Libyan Field
A fire caused by a leak in the Sharara crude pipeline has resulted in a roughly 50% reduction in production at the Sharara oil field in Libya. The Sharara field is one of Libya's largest, with a declared capacity of 330,000 barrels per day, making this disruption significant.
Rigzone · March 23, 2026
US Interior’s BLM to auction 182 oil and gas parcels in three states
The US Bureau of Land Management (BLM) plans to auction 182 oil and gas parcels across three states in May and June. This action signals the Biden administration's continued, albeit potentially limited, support for domestic oil and gas production despite broader climate goals.
Offshore Technology · March 23, 2026