When you need to know
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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National Oil Corporation (NOC) recorded an average production of 1.107 million barrels per day in 2018 and total revenues of 24.4 billion USD – a five year high and 78% year-on-year increase.
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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 Libyan National Oil Corporation said on Thursday that the closed Sharara oilfield is expected to lose 8,500 barrels per day to looting after three security breaches in a week.
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President of the National Oil Corporation (NOC), Mustafa Sanallah said Thursday that Sharara oil field will remain closed until the full implementation of the reforms related to the Petroleum Facilities Guard in the so
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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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The National Oil Corporation (NOC) and Brega Oil Company have announced preparations for the launch of the second fuel and gas convoy to the south.
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The Chairman of the Presidential Council (PC), Fayez Al-Sarraj, agreed with the National Oil Corporation (NOC) head Mustafa Sannallah, to enhance security measures in Sharara oil field and activate the security plan set by the c
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