Libya’s National Oil Corporation has evacuated its workers from the El Feel, or Elephant, oil field amid threats from the field’s guards who are locked in a pay dispute with the company. The guards are from the Petroleum Facilities Guards group that held all of Libya’s oil export terminals under a blockade for more than a year until September 2016. There has also been talk about a wider disruption to oil production, according to sources who spoke to S&P Platts, which might affect Libya’s largest oilfield—Sharara—which has the capacity to produce 300,000 bpd of crude. The El Feel oilfield yields around 90,000 bpd. The evacuation comes on the heels of emergency talks between NOC and representatives of the Tubu tribe who demanded more frequent fuel supplies to their region, threatening El Feel with a shutdown as well. If the fields are shut down this would deal a painful blow […]