The objective of the war in Libya is not just oil, whose reserves (estimated at 60 billion barrels) are the most important in Africa and whose extraction costs are among the lowest in the world. Not so little also, natural gas, whose reserves are estimated at about 1.5 trillion cubic metres. In the crosshairs of “volunteers” of operation “unified protector” are also the sovereign... 

Bab al-Aziziya, situated in the southern suburbs of Tripoli, is a military barracks and Gaddafi's main compound. At least six people have been killed and 10 others wounded after NATO airstrikes struck headquarters of embattled Libyan ruler Muammar Gaddafi in Tripoli. Explosions roared across the Libyan capital early on Thursday as missiles landed in Bab al-Aziziya compound. It was not immediately... 

The Libyan capital Tripoli has been hit by another heavy bombardment. Reports suggest numerous airstrikes were carried out by NATO fighter jets early on Tuesday. The UN humanitarian chief has called for a pause in hostilities, from all sides. According to witnesses, eight airstrikes were carried out by NATO forces within a period of about three hours, which is unusually intense, Al Jazeera informed.... 

The NATO statement mourning the death of the younger son and three grandchildren of Muammar Gaddafi is a cynicism seldom seen. It is not credible that Gadhafi left his son and grandchildren in a military installation, even after a month of heavy bombing in the capital, Tripoli. Rather it was an attack on a house in a residential neighborhood, with the deliberate aim of taking out the Libyan leader. Like... 

Screen grab of Muammar al-Gaddafi. Libyan leader Muammar al-Gaddafi’s youngest son and three grandchildren were killed in an air strike Saturday, a spokesman said, after rebels and NATO dismissed an offer for talks to end Libya’s crisis. “The house of Mr Seif al-Arab Muammar Gaddafi… who is the youngest of the leader’s children, was attacked tonight with full power. The... 

The British and French governments want more UN sanctions against Libya but are being blocked by China, Russia and India. Sky News sources in New York say that among a range of extra measures sought is a proposal to add Libyan state TV to the list of Libyan companies with which it would become illegal to do business. The two governments argue that state TV is aiding the Gaddafi war aims by broadcasting... 

The Federal Reserve lent a Libyan state-backed bank billions of dollars during the financial crisis, documents made public on Thursday have revealed. The Arab Bank Corporation, which is today 59.3 percent owned by the Libyan government, borrowed in slices as big as $1.175 billion from the US central bank. At the time the bank was not majority owned by the Tripoli government; other shareholders included... 

Mussa Ibrahim Libya accused NATO on Sunday of “terrorising” and killing its people as part of a global plot to humiliate and weaken the North African country. The government says Western-led air attacks have killed more than 100 civilians, a charge denied by the coalition which says it is protecting civilians from Gadaffi’s forces and targeting only military sites to enforce a no-fly... 

Defiant: Colonel Gaddafi appeared on Libyan state TV to declare he is ready for a drawn-out conflict. Ministers admitted yesterday that they have no idea how long the military operation against Colonel Gaddafi could take. Asked for an estimate, Armed Forces Minister Nick Harvey said: ‘How long is a piece of string? We don’t know how long this is going to go on. ‘We don’t know... 

A French warplane has reportedly crashed in the Libyan city of Sirte, while the US-led coalition forces’ military operation intensifies the abject state in the African nation. The Libyan newspaper al-Watan reported Wednesday that Libyan forces shot down a French jet fighter which was bombing the city and detained its pilot. Sirte, some 600 kilometers east of the Libyan capital Tripoli is the... 

Crashed: Onlookers surround the wreckage of a U.S Air Force F-15E fighter jet after it crashed near the eastern city of Benghazi. Six Libyan villagers are recovering in hospital after being shot by American soldiers coming in to rescue the U.S. pilots whose plane crash-landed in a field. The helicopter strafed the ground as it landed in a field outside Benghazi beside the downed U.S. Air Force F-15E... 

Muammar Gaddafi says the UN resolution authorising international military intervention in Libya is “invalid”. The Libyan leader says he sent a message to US President Barack Obama defending his decision to attack rebel cities: “If you found them taking over American cities by the force of arms, tell me what you would do.” The statement came from the government spokesman at... 

Rebel fighters gesture in front of a burning vehicle belonging to forces loyal to Libyan leader Muammar Gaddafi after an air strike by coalition forces along a road between Benghazi and Ajdabiyah. A defiant Moammar Gadhafi vowed a “long war” after the U.S. and European militaries blasted his forces with airstrikes and over 100 cruise missiles early Sunday, hitting air defenses and at least... 

A French Rafale fighter plane takes off from the Saomt-Dizier military base in France today bound for Libya to enforce a no-fly zone. The image was provided by the French Ministry of Defence. The Pentagon has confirmed that that U.S. has launched missile strikes against Libya’s air defence network as a coalition of forces begin a no-fly zone over the north African nation even though a recent... 

Smoke rises over Ajdabiya, the last major city between forces loyal to Moammar Gaddafi and rebel-held Benghazi. A military intervention against Col Muammar Gaddafi’s onslaught on Libyan rebels has been proposed at the UN in an eleventh-hour attempt to stop the dictator crushing opposition strongholds. European diplomatic sources said that military operations could be under way “within hours”...