Libya to Resume Full Oil Production Soon
The oilfields in Libya, which are currently closed due to force majeure, could reopen in days. This was made known by Libya's oil minister, Mohammed Oun, following calls from Libyan...
Read More 
BP to Resume Oil and Gas Exploration Activities in Libya
BP, the UK's largest oil and gas company, has decided to resume oil and gas exploration in Libya. The decision is expected to herald in a new age of sectoral...
Read More 
Libya Hits Record-High Revenues for September amid Latest Oil Price Rally
The National Oil Corporation of Libya recorded $1.796 billion in monthly revenue from oil and related product sales in September, in a business record which is as a result of...
Read More 
Eni’s CEO Meets Libyan Prime Minister and NOC Chairman
Libyan Prime Minister Abdulhamid M. A. Dbeibah and Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, met with Eni CEO Claudio Descalzi in Tripoli on Tuesday to discuss the...
Read More 
Shell may Resume Oil Activities in Libya Soon
Shell's delegation met with Libya's state-owned National Oil Corporation earlier this week, and it appears that the corporation will resume operations in the country. Shell representatives met with Mustafa Sanalla,...
Read More 
Oil Pipeline Leak to Reduce Libya’s Output by 70,000 b/d – NOC
Libya's National Oil Corporation (NOC) announced a pipeline breach on Monday, August 9, that will reduce production at the Gallo field by up to 70,000 barrels per day as the...
Read More 
Libya’s Revenues Hit a New High in May
The National Oil Corporation (NOC) of Libya announced that net revenues from crude oil, gas, condensates, petroleum products, and petrochemicals sales for May 2021 AD reached record levels, owing to...
Read More 
NOC Libya Lifts Force Majeure on Marsa el-Hariga Terminal
In a statement on Monday, 26th April 2021, the National Oil Corporation of Libya (NOC) stated that crude loadings out of the 250,000 b/d Marsa el-Hariga terminals were set to...
Read More 
Libya Creates New Oil and Gas Ministry; Names former OPEC Governor as Head
The new Government of Unity (GNU) has appointed a new Ministry of Oil and Gas, which is to be led by Libya's former OPEC governor, Mohamed Oun. The state-owned oil...
Read More 
NOC Libya Awards Consultancy Service Contract to Saipem
The National Oil Corporation of Libya (NOC) has awarded a Consultancy Service Contract to Saipem for the development of the Benghazi Oil Technical Centre (BOTC). The specialised Technical Centre is...
Read More