World Bank: Libya’s Oil Production to Drop 41%
The World Bank expects Libya's oil production to shrink by 41% in 2020. It reported that the Libyan economy was ...
Read more
Tag: Production
Libyan Oil Production Rises to 700,000 Bpd
Libya's daily crude output has surged from less than 100,000 barrels in early September, to almost 700,000 as of Monday, ...
Read moreLibya’s Oil Production Spike Shocks OPEC
As reported by Reuters, OPEC+ producers are facing a new problem related to the abundance of oil supply after the ...
Read moreLibya’s Oil Production Soars to 270,000 BPD
Libya’s oil output has risen to 270,000 barrels per day. The OPEC member is ramping up its export activities, following ...
Read moreSirte Oil Company Announces Oil Production at 60,000 Bpd
On Monday, the Sirte Oil Company (SOC) announced that production rates have reached more than 60,000 barrels per day. This ...
Read moreLibya’s Oil Production Triples a Week After Partial Lifting of Blockade
Libya’s oil production has almost tripled to 250,000 barrels a day since the partial lifting of the blockade on the ...
Read moreResumption of Libyan Oil Production Disrupts Markets
A new wave of coronavirus lockdowns is already slowing oil price recovery. Now, commodity traders have a new headache with ...
Read moreBrent Crude Oil Price Drops Due to Libyan Resumed Production
Global oil prices have been affected by the resumption of oil production in Libya, causing a drop in prices. The ...
Read moreLibyan Oil Companies to Resume Production
On Saturday, the Chairman of Sirte Oil Company (SOC), Masoud Musa, issued a decision to all departments to resume the ...
Read moreHead of PFG Announces Start of Oil Production
On Friday, the Head of Libya's Petroleum Facilities Guard (PFG), Major General Naji Al-Maghribi, issued a letter to all ports ...
Read more