The Libyan National Oil Corporation (NOC) has emphasized its position as the one and only legitimate entity in Libya that is recognized by the UN resolutions to be entitled to sell Libya's crude oil.
The Governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabeer, said the main reasons that led to economic and financial deterioration in Libya are related to the suspension of oil production and exportation in 2013, besidRead more
The Libyan African Investment Portfolio (LAP) announced on Wednesday it had won an appeal against a UK court judgement, which awarded millions of dollars to the Dubai-based Catalyst Managerial Services (CMS) in alleged unpaid iRead more
Libya’s parallel National Oil Corporation in Bayda has renounced an agreement reached with the internationally recognized National Oil Corporation in Tripoli last year to unify the two rival administrations.Read more
The Ministry of Finance released Monday a report about the number of Libya’s state workers and pay after matching them with the national ID number.Read more
An Italian trade delegation arrived in Zintan town in western Libya on Monday for talks with local officials on joint cooperation, sources have reported.Read more
The board member of the Libyan National Oil Corporation (NOC) Jadallah Al-Okli, has confirmed that Libya's oil output has shrunk by 80 thousand barrels per day.Read more
Libyan oil output has healed after plummeting over the last few days due to clashes at the oil crescent.Read more