Libya Remains on Edge as Oil Majors Return

We continue to watch Libya unravel as rival power centers attempt to reassert territorial and institutional control, but international oil majors are re-engaging nonetheless, and analysts like to opine that their big oil money could help stabilize the country. That is a possibility; however, the reverse is currently more likely unless Benghazi and Tripoli find a way to split the spoils (as the only thing that would prevent another civil war).  The Tripoli-based Government of National Unity (GNU), led by interim Libyan PM Dbeibah, is now in…