UN Warns of Libya’s Dependence on Oil
On Saturday, the United Nations Conference on Trade and Development (UNCTAD) urged Libya to stop its near total dependence (99%) ...
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Tag: Libyan Oil
Libya’s Oil Ministry Denies Withdrawal of US Company from Market
Libya's Ministry of Oil and Gas denied news being circulated about the withdrawal of the American mega-firm, Halliburton from the ...
Read moreLibya’s NOC Urges Italian Companies to Invest in Oil Sector
The Chairman of Libya’s National Oil Corporation (NOC), Farhat Bengadra met with the Italian Ambassador to Libya, Giuseppe Buccino in ...
Read moreLibya’s Daily Oil Output Exceeds 1 Million Barrels
On Thursday, Libyan Minister of Oil and Gas, Mohamed Aoun said that the country's oil production has reached over a ...
Read moreOil Exports Resume in Libya After Production Restored
On Monday, Libya’s National Oil Corporation said that preparations are now underway to export five tankers of crude oil, after ...
Read moreLibyan MP Praises Lifting of Oil Sector’s Force Majeure
Member of the Libyan Parliament, Jaballah Al-Shaibani said that the recent political and economic developments "will cast a shadow over ...
Read moreLibya’s New NOC Chairman Pledges to Avoid Politicisation
The new Chairman of Libya’s National Oil Corporation (NOC), Farhat Bengadra vowed that "the Corporation will operate away from political ...
Read moreLibyan Crisis Aggravating Global Oil Supply
Libyan oil output has collapsed since mid-April, after protesters forced the closure of several fields and ports. A tussle between ...
Read moreLibya’s NOC Lifts Force Majeure on Two Oil Terminals
Libya's National Oil Corporation (NOC) announced its lifting of the force majeure on the Zeutina and Brega oil ports, and ...
Read moreOPEC Records Decrease in Libya’s Oil Production
OPEC revealed that Libya's oil production decreased by 78,000 bpd in June, compared to May. In its monthly report, OPEC ...
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