The Arabian Gulf Oil Company (AGOCO) says new discoveries will increase its overall capacity, and aims to raise output to 400,000 barrels per day (bpd) by the end of the year.

The reopening of the two fields has boosted oil production to 300,000 barrels per day (bpd), but the situation at the Sharara field remains unclear.

The Sharara oil field, one of the largest in the country, remains closed despite an apparent agreement with protesters, but others nearby reportedly restart production.

Austria’s OMV saw its income fall in the first quarter of the year, mainly due to instability at Libya operations, where it said the outlook remains "very difficult to predict".

Oil and gas minister Omar Shakmak met officials from the Marada Local Council, which had previously decided to close an oil field after the General National Congress (GNC) failed to reserve a seat for the town in the upcoming parliament.

The spokesman of the National Oil Corporation (NOC) said the Sharara, El Feel and Wafa fields, all of which have been affected by protester blockades, are due to reopen.

The government has relocated the official headquarters of the Petroleum Facilities Guards (PFG) to Brega, a key demand of the pro-federalist group still in control of two oil terminals.

Another bout of panic-buying has prompted a statement from the Brega Petroleum Marketing Company, which distributes gasoline to petrol stations in Libya.

Justice minister Salah Margani says the government is trying to complete a deal with pro-federalist groups who control two major oil terminals, which he hoped would reopen soon.

Abd-rabbo al-Barasi, a senior figure in the pro-federalist group behind oil port closures, claims Tripoli is not implementing its side of the agreement.

Several fields operated by the Zueitina Oil Company continue to be disrupted by protesters, threatening supplies to the recently reopened Zueitina port.

Pro-federalist groups, which are still in control of two major oil terminals, have reportedly said they are unwilling to work with new prime minister Ahmed Maitig.

US energy firm posts higher-than-expected results for the first quarter, despite lower overseas production partly attributed to problems at the Es Sider port.

The National Oil Corporation (NOC) told the Libya Monitor that the terminal had finished loading its first shipment of oil since reopening, and is expecting another tanker in the coming few days.

The Sharara field in south-west Libya remains closed, despite an agreement with local protesters, keeping overall output low at around 250,000 barrels per day (bpd).