Economy
Bloomberg: Libya’s Oil Output a Fraction of Country’s Real Capabilities
Libya's oil reserves give it ample resources to pay for a national reconstruction effort if only its political tensions can...
Read moreLibya-Spain Discuss Strengthening Economic Ties
A delegation from the Tripoli Chamber of Commerce in Libya, Industry and Agriculture held a meeting with the Barcelona Chamber...
Read moreLibya Oil Production Reaches 1.186 Million Per Day
Libya's National Oil Corporation (NOC) said that its production of crude oil amounted to 1,186,000 barrels, during the past 24...
Read moreLibya Seeking Economic Diversification
Libya's Economy Minister, Mohamed Al-Hwaij said that Libya was "seeking a transformation from a rentier economy dependent on oil by...
Read moreOPEC: Libya Second Largest Oil Producer in Africa
On Friday, the Organisation of the Petroleum Exporting Countries (OPEC) said that Libya has become the Africa’s second highest crude...
Read moreLibya’s Oil Production Rises to 1.205
Libya’s National Oil Corporation (NOC) announced on Sunday that oil production rose to 1.205 million barrels, compared to 1.163 million...
Read moreLibya’s NOC: Oil Production Rises to 1.194 Million
On Saturday, Libya's National Oil Corporation (NOC) announced that the production of crude oil in the country reached 1.194 million...
Read moreLibya Plans to Increase Oil Production to 2 Million
The Chairman of Libya’s National Oil Corporation (NOC), Farhat Bengdara said that they plan to increase Libya's production of crude...
Read moreLibya-Germany Discuss Energy Cooperation
Libya's Minister of Oil and Gas, Mohamed Aoun received the Chargé d'Affairs at the German Embassy, Annika Engels and her...
Read moreLibyan Oil Production Expected to Reach 1.8 Million
The African Energy Chamber expected oil production in Libya to reach 1.8 million barrels per day (bpd) by 2024. It...
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