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: Oil Production
Libya Aims to Increase Oil Output Within 2 Weeks
On Saturday, Libya’s National Oil Corporation (NOC) announced that it aims to increase oil production to 1.2 million barrels per ...
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 ...
Read moreLibya’s Oil Minister Accuses Sanalla of Concealing Oil Production Reports
Libya’s Oil Minister, Mohamed Aoun accused the Chairman of National Oil Corporation (NOC), Mustafa Sanalla of deliberately concealing daily oil ...
Read moreBashagha Blames Dbaiba for Halting Oil Production
Libya's Prime Minister-designate, Fathi Bashagha blamed incumbent PM, Abdel-Hamid Dbaiba for halting oil production. Bashagha said, "the outgoing Prime Minister ...
Read moreG7 Calls for Resumption of Oil Production in Libya
The G7 nations urged “the full resumption of oil production in Libya,” and called on all parties to “refrain from ...
Read moreLibya’s Oil Production Rises to 700,000
On Monday, Libyan Oil Minister, Mohamed Aoun told Reuters that the country's total oil production is at about 700,000 barrels ...
Read moreBashagha: Political Turmoil Caused Halt of Oil Production
On Sunday, the Libyan Prime Minister-designate, Fathi Bashagha, said that Libya has little chance of holding elections this year. In ...
Read moreLibya’s Oil Production Decreases by 600,000 Bpd
Libya's oil production saw a steep decline in April, due to a blockade on oil fields and export terminals. This ...
Read moreUS Expresses Concern Over Libyan Oil Shutdown
The United States (US) Embassy in Libya stated that they remain "deeply concerned by the continued oil shutdown, which is ...
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