Economy
Oil Prices Increase by 2% due to Libyan Supply Outages
Crude oil prices rose about 2% on Saturday, extending their new year's rally, due to the supply outages in Libya....
Read moreLibya Boosts Oil Production by 200,000 BPD
Libya's National Oil Corporation (NOC), announced that the Waha Oil Company increased production by 200,000 bpd. The NOC explained that...
Read moreCentral Bank Libya: Oil Revenues Earn 103.4 Billion Dinars
On Wednesday, the Central Bank of Libya (CBL) announced that the country's oil revenues amounted to 103.4 billion dinars ($22.52...
Read moreLibya’s Oil Output Drops by 500,000
On Monday, Libya's oil output dropped by 500,000 barrels. This comes a day after the National Oil Corporation (NOC) announced...
Read moreAlgeria to Resume Oil Projects in Libya
On Monday, the Algeria news agency quoted Taoufik Hakkar, the General Manager of the Sonatrach oil company as saying that...
Read moreLibya Oil Exports Drop By 200,000 Barrels per Day
The Libya's National Oil Corporation (NOC) said that the the Waha Company will reduce production in the main oil line...
Read moreLibya Exports 600K Barrels of Oil to Italy
A source working in the port of Libya Az-Zuwaytinah told '218TV' that the technical teams loaded the oil tanker 'NORDIC'...
Read moreLibyan Oil Minister To Penalise Under-Producing Companies
Libyan Oil Minister, Mohamed Aoun said the country may introduce contracts with private oil companies, to issue bonuses to those...
Read moreHike in Oil Prices Increases Libya’s Income
"Libya has achieved a very excellent income thanks to the recent rise in oil price," the Head of the National...
Read moreLibya’s Oil Revenue for October Nears $2 Billion
Libya's revenues from oil sales during October equaled about $2 billion, Libya's National Oil Corporation (NOC) announced on Wednesday. "The...
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