Economy
Libya’s Oil Production Reaches 1.2 Million BPD
Libya's Minister of Oil and Gas, Mohamed Aoun announced that oil production reached 1.2 million barrels per day. In press...
Read moreUS Proposes Managing Libya’s Oil Revenues to Ease Crisis
On Thursday, the US Ambassador to Libya, Richard Norland proposed a mechanism to manage the flow of Libyan oil revenues...
Read moreLibyan Oil Minister: Oil Production Rises to 1.23 Million BPD
Libya's oil production rose to 1.233 million barrels per day (bpd), compared to 1.100 million bpd in the middle of...
Read moreLibya Increases Daily Oil Production to 1.1 Million BPD
Libya’s National Oil Corporation (NOC) reported that crude production had recovered after the opening of the Rayana valves, exceeding 1,100,000...
Read moreFrance’s Total to Support Boosting Libyan Oil Exports
On Tuesday, Libya's National Oil Corporation (NOC) and France’s Total Energies discussed ways to increase production of the Waha Oil...
Read moreLibya Loses $80 Million due to Oil Fields Shutdown
Libya National Oil Corporation (NOC) stated that the closure of crude valves from the El-Sharara and El-Feel oilfields led to...
Read moreOil Closures Cost Libya 160 Million Dinars Daily
On Sunday, Libya's National Oil Corporation (NOC) announced the closure of valves pumping crude oil from the El-Sharara and El-Feel...
Read moreLibya Discusses Resuming Work with Brazilian Companies
On Tuesday, Libya's Minister of Economy, Mohamed Al-Hwaij held a meeting with several Brazilian companies interested in resuming their projects...
Read moreHalliburton to Help Increase Libya’s Output
On Sunday, Halliburton's North Africa Director, Ahmed Helmy said that the company aspires to resume its operations in the Libyan...
Read moreLibya to Export One Million Barrels of Crude Oil to UK
On Wednesday, the 'Matala' crude oil tanker docked in eastern Libya’s Hariga oil terminal, to begin loading one million barrels...
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