Libya Archives - Page 5 of 5

17th June 2020

African Petroleum Producers’ Organization Concludes 38th Council of Ministers Meeting

The Council of Ministers of the African Petroleum Producers' Organization (APPO) held a virtual meeting on 15th June, 2020 as earlier reported. The meeting had in attendance ministers and representatives...

9th June 2020

Sharara Oilfield Shuts Down Again

Barely 48 hours after the announcement of the resumption of oil production at the El Feel and Sharara oilfields in Libya, the Libyan National Oil Corporation (NOC) has announced that...

8th June 2020

El Feel and Sharara Oilfields Resume Production in Libya after 142 Days

The Libyan National Oil Corporation (NOC) announced the resumption of oil production at the nation’s biggest oilfields located in the Western region – the Sharara, and El Feel fields. This...

30th May 2020

Turkey May Begin Oil Exploration in Libya in Coming Months

Turkey may begin oil exploration under Libya in the Eastern Mediterranean within the coming three or four months, even though the deal with Libya has come under condemnation from other...

30th May 2020

Libya Has Lost About 5 Billion Dollars to Oil Blockade – NOC

The Libyan National Oil Corporation (NOC) has announced that the oil blockade, which led to the shutdown of oil production and exports since January 19th due to an on-going supremacy...

23rd May 2020

The Restart of ‘Libya’s Global Oil Boom’ Still Uncertain

With 46.6 billion barrels as at a decade ago, oil reserves in Libya were the largest in Africa and among the ten largest in the world. A production rate of...