Oil Tanker Approved for Entry into Libya's Zueitina Port

A general view of Ras Lanuf Oil and Gas Company in Ras Lanuf, Libya, August 28, 2024. REUTERS/Mohammed Al-Hadad
A general view of Ras Lanuf Oil and Gas Company in Ras Lanuf, Libya, August 28, 2024. REUTERS/Mohammed Al-Hadad
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Oil Tanker Approved for Entry into Libya's Zueitina Port

A general view of Ras Lanuf Oil and Gas Company in Ras Lanuf, Libya, August 28, 2024. REUTERS/Mohammed Al-Hadad
A general view of Ras Lanuf Oil and Gas Company in Ras Lanuf, Libya, August 28, 2024. REUTERS/Mohammed Al-Hadad

Oil tanker Kriti Samaria has been approved for entry into Libya's Zueitina port on Thursday evening or Friday to load 600,000 barrels of crude oil and will head to Italy, engineers told Reuters.

The tanker will be permitted to load oil from storage, the engineers said, without providing further detail.

Libya's two legislative chambers said on Tuesday they had agreed a mechanism for resolving the dispute over control of the central bank.
Libyan crude exports have been largely shut for more than a week amid a political showdown over control of the central bank, which is the sole legal depository for Libyan oil revenue and pays state salaries across the country.
Another tanker, the Front Jaguar, was loading crude from storage at Libya's Brega port, engineers told Reuters on Wednesday.

The crisis was triggered when western factions moved on Aug. 18 to oust veteran central bank governor Sadiq al-Kabir, who has since fled the country. Eastern factions responded by declaring a shutdown to all oil output on Aug. 26.
The National Oil Corporation, which oversees the country's oil resources, said on Aug. 28 that total oil output had dropped by more than half from typical levels to just over 590,000 bpd. It was not immediately clear where current production stood.
A member of the Organization of the Petroleum Exporting Countries (OPEC), Libya produced about 1.18 million barrels per day of crude in July, according to OPEC, citing secondary sources.



Ceer Signs MoU with EVIQ to Enhance EV Driving Experience in Saudi Arabia

Ceer, Saudi Arabia’s first electric vehicle (EV) brand
Ceer, Saudi Arabia’s first electric vehicle (EV) brand
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Ceer Signs MoU with EVIQ to Enhance EV Driving Experience in Saudi Arabia

Ceer, Saudi Arabia’s first electric vehicle (EV) brand
Ceer, Saudi Arabia’s first electric vehicle (EV) brand

Ceer, Saudi Arabia’s first electric vehicle brand, has signed a memorandum of understanding with Electric Vehicle Infrastructure Company EVIQ to support the EV ecosystem in the Kingdom by providing a reliable charging infrastructure and innovative solutions for drivers.
"Our role at Ceer is not limited to building EVs with global standards; we are also committed to offering an exceptional experience to EV owners in the Kingdom. We are excited to partner with EVIQ to ensure a smooth and comfortable driving experience for EVs across the Kingdom,” said Ceer CEO Jim DeLuca.
This partnership marks a significant step towards achieving the Saudi vision of building an automotive industry and promoting a sustainable transportation future. By combining Ceer's commitment to delivering advanced Saudi-made EVs with EVIQ's goal of establishing an efficient EV network, this collaboration paves the way for a seamless transition to EVs throughout the Kingdom.