New Libyan Oil Well Expected to Produce 3,000 Barrels Per Day
On Saturday, Libya’s National Oil Corporation (NOC) announced a significant development in the country’s oil production with Sarir Oil Operations ...
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Tag: Crude Oil
Algeria’s Sonatrach Resumes Full Operations in Libya
Algeria's state-owned oil company Sonatrach has fully resumed its operations in Libya after years of suspension due to security concerns. ...
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Libya’s Oil Exports Reach 550,000 Barrels per Day
Libya’s crude oil exports surged significantly last week, hitting around 550,000 barrels per day (bpd), according to data from Kpler ...
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Libyan Oil Exports Remain Halted Amid Political Deadlock
According to Reuters, Libya’s oil exports remain suspended, with only a few tankers being allowed to load crude from storage. ...
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Libya’s Oil Production Falls as Hariga Port Stops Operations
On Saturday, Libya’s Hariga Port announced that it had halted operations due to a significant drop in oil supplies from ...
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Oil Prices Surge 3% as Libya Suspends Production & Exports
On Monday, global oil prices jumped by 3% after Libya announced a halt in oil production and exports, sparking concerns ...
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Libya Overtakes Nigeria as Africa’s Top Oil Producer in 2023
Libya has reclaimed its position as Africa’s leading oil producer in 2023, with a daily output of 1.189 million barrels. ...
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Libya’s National Oil Corporation Declares Force Majeure at Sharara Oil Field
On Wednesday, the National Oil Corporation (NOC) declared a force majeure at the Sharara oil field. This decision comes amid ...
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Libya’s Oil Revenues Reach 51 Billion Dinars in 2024
Libya's oil revenue totaled 51 billion dinars from January 1 to July 31, 2024, according to recent data from the ...
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NOC & Sirte Oil Discuss Increasing Production to 120,000 BPD
The National Oil Corporation (NOC) of Libya held a technical meeting with Sirte Oil Company at its headquarters in Marsa ...
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