Economy

A prominent Libyan economist has warned that removing state subsidies, especially on fuel, would be premature and socially damaging, as...

On Saturday, the International Crisis Group called on the United Nations Security Council to urgently revise the sanctions regime placed...

On Wednesday, the International Monetary Fund (IMF) called on Libyan authorities to adopt a unified national budget, tighten fiscal discipline,...

The Chairman of Libya’s National Oil Corporation (NOC), Masoud Suleiman, and board member Hussein Safar inaugurated the third meeting of...

On Tuesday, the National Oil Corporation (NOC) announced that Mellitah Oil & Gas is preparing to launch a major offshore...

The US-Libya Business Forum has commenced in Washington, D.C., bringing together Libyan and American business leaders to explore investment opportunities...

Libya’s National Oil Corporation (NOC) will participate in the 10th edition of PetroAfrica, a major energy sector exhibition set to...

Libya’s oil and gas sector has achieved a significant milestone with the successful restart of the second methanol plant operated...

Libya’s crude oil production increased on Monday, reaching 1,388,781 barrels, compared to 1,386,889 barrels recorded on Sunday, according to the...

Libya’s Acting Minister of Oil and Gas, Khalifa Abdel-Sadiq , and the Acting Chairman of the National Oil Corporation (NOC),...