Why Oil Still Rules Libya’s Economy & What It’s Costing the Country ?
Despite its vast territory, strategic location, and abundance of natural and agricultural resources, Libya continues to struggle to activate and ...
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Tag: oil
Libya Boosts Oil Production as “Sarir Field Well” Returns to Service
Libya has recorded a new boost to its oil output after the completion of development works on the L-028HR well ...
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Libya’s NOC Seeks Investments at LNG2026 Conference
The National Oil Corporation has reaffirmed its commitment to developing Libya’s natural gas sector during its participation in the 21st ...
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Libya Expands Energy Cooperation With Hungary & Norway
Libya has taken a significant step toward revitalizing its energy sector by expanding international cooperation aimed at strengthening oil and ...
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Severe Weather Disrupts Operations at Major Libyan Oil Terminals
Operations at four Libyan oil ports were halted on Sunday due to poor weather conditions, four engineers told Reuters, disrupting ...
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Chevron Signals Possible Return to Libya’s Oil Sector
US energy giant Chevron has confirmed that it is holding talks with the governments of Libya and Iraq to assess ...
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Libya Targets Major Expansion in Oil and Gas Drilling Next Year
Libya plans to drill between 70 and 100 new oil and natural gas wells during 2026 as part of a ...
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Libya & Egypt Seal Strategic Oil & Gas Agreement
Libya and Egypt have signed a memorandum of understanding to strengthen cooperation across the oil, gas, and mining sectors, signaling ...
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What Global Oil Giants Are Quietly Returning to Libya?
Global energy companies are quietly increasing their focus on Libya, seeing the North African producer as a more attractive and ...
Read moreLibya Turns to Foreign Investment in Bid to Rebuild Oil Sector
Libya has reopened its oil sector to foreign investment for the first time in nearly two decades, marking a major ...
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