Fears of Oil Production Shutdown Escalate in Libya
The Libyan arena has experienced new shifts regarding the distribution of oil wealth, which constitutes nearly 95% of the nation's ...
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Tag: Libyan Oil
Libyan Oil Revenues Account for 69% of Public Financing
Data from Libya’s Ministry of Finance revealed that oil revenues and its derivatives amount to 69% of the total public ...
Read moreLibya’s Energy Council Discusses Increasing Oil & Gas Production
Libya’s High Council for Energy Affairs has discussed the National Oil Corporation's (NOC) plan to increase oil and gas production. ...
Read moreLibya’s NOC Reports $1.57 Billion Oil Revenues
On Sunday, Libya's National Oil Corporation (NOC) announced that crude oil revenues reached $1.57 billion dollars in May 2023, based ...
Read moreHow is Russia Gaining Influence in Libya?
The new Russian Ambassador to Libya is preparing to take up his post in the capital, extending Russian influence across ...
Read moreLibyan Oil Minister: Algeria Looking to Invest in Libya’s Oil Sector
On Sunday, the Algerian Energy Minister, Mohamed Arkab, affirmed his country's desire to invest in Libya's oil and gas sector, ...
Read moreLibya’s Oil Production Surpasses 1.210 Million BPD
Libyan crude oil production reached 1.214 million barrels per day (bpd), and condensate production reached 53 thousand bpd during the ...
Read moreLibya to Boost Oil Production by 8% in 2023
The Chairman of Libya's National Oil Corporation (NOC), Farhat Bengdara said that they are aiming to boost oil production by ...
Read moreRussia’s Tatneft Company Announces New Oil Discovery in Libya
On Wednesday, Russia's Tatneft Oil Company made a new oil discovery with a 1,870-barrel-per-day capacity in Libya's Ghadames basin, according ...
Read moreLibya Records 19.1 Billion Dinars in Oil Revenues
On Monday, the Central Bank of Libya (CBL) announced that Libya’s total oil revenues rose to 19.1 billion Libyan dinars ...
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