When you need to know
The Union of Oil and Gas Workers said that Libya’s oil is the source of livelihood for all Libyans and should be removed from all political, regional and tribal disputes, stressing that oil is the property of all Libyans.
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The Chairman of the National Oil Corporation (NOC) Mustafa Sanallah warned foreign oil firms of dealing with parallel, illegitimate institutions that are advocating for division in Libya.
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An official source at the National Oil Corporation confirmed that Libya's oil production has dropped to 315.000 bpd because of the embargo imposed by eastern forces on the oil exports from the ports in the crescent region, accor
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The head of the National Oil Corporation (NOC), Mustafa Sanallah, said on Friday that he hoped the production of oil at Ras Lanuf and Sidra would resume within the next two days.
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Reuters reported that Libya's oil production has fallen to 600-700 bpd after the attack on the oil crescent, quoting a source in the Libyan oil sector.
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Libya's representative to the Organization of Petroleum Exporting Countries (OPEC), Mohamed Aoun, said Libya does not oppose a gradual return to previous levels of production before the OPEC agreement to cut output as long as Li
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The Libyan Investment Authority (LIA) signed a contract with Indonesian oil and gas company Medco Energy on Sunday to extend the previous agreement between the two sides related to the oil exploration in the area 47 exploration
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The Arabian Gulf Oil Company announced Sunday that the power problems suffered by the company because of high temperatures have ended.
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