Surging Dollar Sparks Concerns in Libya
The unprecedented rise of the US dollar against the Libyan dinar has set off alarms across Libya. As an oil-exporting ...
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Tag: oil
Austrian Company “OMV” to Resume Exploratory Drilling in Libya
Austrian oil and gas giant, OMV has announced plans to resume exploratory drilling activities in Libya by February 2024. This ...
Read moreLibya Aims to Boost Oil Production to 2 Million BPD
Libyan Minister of Oil and Gas, Mohamed Aoun said that the country plans to increase oil production to two million ...
Read moreLibyan Oil Ports Reopen After Storm
In the wake of a powerful storm that swept through Libya, causing thousands of casualties, the Libyan United Maritime and ...
Read moreLibya’s Nafusah Oil Company Initiates Production
On Monday, the Libyan National Oil Corporation (NOC) announced that its technical teams from Nafusah Oil Operations (NOO), have achieved ...
Read moreLibya Reports $5 Billion Oil Revenues
On Sunday, Libya’s National Oil Corporation (NOC) reported the country's crude oil sales for the second quarter of 2023.In a ...
Read moreLibya’s NOC Discovers New Oil Well
The National Oil Corporation (NOC) has announced the successful drilling of its first exploratory well. As well as the completion ...
Read moreLibya Aims to Increase Daily Oil Production to Two Million Barrels
On Saturday, Libyan Prime Minister, Abdel-Hamid Dbaiba held a meeting with the Chairman of the National Oil Corporation (NOC), Farhat ...
Read moreLibyan Oil Officials Jailed in Major Fuel Scandal
On Sunday, the Criminal Court of Tripoli sentenced officials from Libya's National Oil Corporation (NOC) and the Brega Petroleum Marketing ...
Read moreAuthorities in East Libya Threaten Oil Export Blockade
The Eastern Libyan authorities issued a stark warning on Saturday, threatening to halt oil exports due to corruption in the ...
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