When you need to know
The African Development Bank (AfDB) said the economic indicators in Libya remain volatile due to the deteriorating security conditions in the oil fields.
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The National Oil Corporation (NOC) is to approve $ 50 billion for this year's budget to boost oil and gas production and improve the production process, CEO of Ras Lanuf Oil & Gas Company Shabaan Basibso told Globa
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The Switzerland-based trading and mining giant Glencore has reportedly lost its exclusive marketing rights for two of Libya’s main crude oil export grades after holding them since late 2015, Reuters said on Thursday.
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The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah said Libya aims to increase its oil production to 2.1 million barrels per day (bpd) by 2021 from 953,000 bpd currently.
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The National Oil Corporation (NOC) has announced that crude oil sales and its derivatives, and the tax and royalties received from concession contracts amounted to $2.4 billion last November.
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Tunisian Foreign Minister Khemaies Jhinaoui disclosed that an agreement was reached between Libya and Tunisia to return to the "clearing mechanism" for the purpose of importing Libyan oil in exchange for Tunisian goods.
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The National Oil Corporation (NOC) announced Wednesday that September revenue from sales of crude oil and derived products, in addition to taxes and royalties received from concession contracts, had reached over 1.66 b
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Chairman of the UN Security Council’s Sanctions Committee on Libya Olof Skoog emphasized during his meeting with Mustafa Sanallah Chairman of the National Oil Corporation (NOC) the UN's commitment to prevent any illegal export o
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