Libya Energy & Oil Sector: Libya’s oil ministry met TotalEnergies executives in Tripoli to discuss boosting output and expanding oil and gas projects, with the company’s new Libya head Simon Descendres formally introduced as talks continue to align with the government’s energy strategy. Libya Natural Gas & Investment: Libya’s NOC is pushing to review plans to develop the country’s natural gas reserves and calls for increased investment to expand the sector. Libya Agriculture Data: The GNU Ministry of Agriculture and Livestock, with FAO support, wrapped a two-week workshop to train national cadres on agricultural statistics, including electronic data collection, aiming to strengthen planning and decision-making through a reliable agricultural database. North Africa Power Stress: Tunisia’s rolling power cuts are being linked to extreme heat and grid weaknesses, with regional electricity links under strain that also affects Libya and other Mediterranean systems. Global Trade Pressure (Indirect for Libya Industry): The US moved to impose new 10%–12.5% tariffs on imports from 60 economies over forced-labour enforcement claims, a move that could ripple through supply chains for exporters and manufacturers trading with the US. Corporate Energy Signals: TotalEnergies reported Q2 2026 net profit doubling to $5.4bn as Middle East conflict lifted hydrocarbon prices, reinforcing the near-term earnings boost for integrated operators.