Libya's NOC confirms tank 402-T at Zawiya refinery, holding 4.5 million liters of gasoline, was directly targeted and collapsed; firefighting ongoing, no casualties reported.

OPEC cuts 2026 oil demand growth forecast to 600,000 bpd, down from its prior month's assessment, the group said Wednesday from Vienna.

OPEC said on Wednesday that global oil demand is forecast to grow by 600,000 barrels per day in 2026 year-on-year, down from its previous month's assessment, according to Xinhua reporting from Vienna.

Philippines issues red alert on Visayas grid as multiple plants remain offline Wednesday. Available capacity ~2,153 MW vs peak demand 2,394 MW; Mindanao has nine plants on forced outage.

Red and yellow alerts were raised for power grids in central and southern Philippines on Wednesday as several power plants remained unavailable, according to the National Grid Corporation of the Philippines (NGCP). The Visayas red alert is in effect with available capacity at about 2,153 MW against a projected peak demand of 2,394 MW. In Mindanao, nine power plants are on forced outage for August, with 11 unavailable since 2024 and nine others operating at derated capacities.

Turkish Foreign Minister Hakan Fidan visits Turkish Armed Forces Libya Task Group Command in Tripoli, Libya

Turkish Foreign Minister Hakan Fidan visited the Turkish Armed Forces Libya Task Group Command in Tripoli, Libya.

Libya's oil export revenues hit $15.23 billion in H1 2026, surpassing the $13.99 billion target by nearly 9%, the Economy Ministry said Tuesday. Crude production reached about 246 million barrels.

Libya's oil export revenues exceeded 15 billion U.S. dollars in H1 2026, reaching $15.234 billion against a target of $13.985 billion, according to the Ministry of Economy and Trade. Crude oil production stood at about 246 million barrels versus a 252 million barrel target.