The Ministry of Oil and Gas announced on Monday that revenues from oil concession amounted to 1.37 billion dinars last April, and these revenues include taxes on the quan
The National Oil Corporation (NOC) announced on Monday that the aggregate revenues accrued from the sales of crude oil, gas, and their derivatives in January 2024 amounte
The Ministry of Oil and Gas in the Government of National Unity announced on Sunday, that oil revenues for the month of January 2024 reached 1,4 billion dinars.
The Central Bank of Libya has revealed the details of the meeting of the Governor of the Bank, Al-Siddiq Al-Kabir, with the Head of the Presidential Council, Mohamed Menf
The Special Envoy of the United States (US) to Libya Richard Norland said the important issue of how Libya’s oil revenues are distributed has been one of the issues under
Ecomnews Med, a website specialized in economic affairs in the Mediterranean, has expected achieving a record level of oil and gas revenues in Libya by the end of this year, reac
The Central Bank of Libya (CBL) said, in a statement on revenues and expenditures in the first half of 2022 on Tuesday that oil closures had led to direct losses of 3.5 billion d
The US Ambassador to Libya, Richard Norland, said on Tuesday that efforts are underway with international support to establish a Libyan-led mechanism to provide transparency rega
The UN Advisor on Libya, Stephanie Williams, said there should be a temporary mechanism for managing Libyan oil revenues to decrease the desire for executive authority rivalry, s
Washington has reiterated support for the temporary freezing of oil revenues in the National Oil Corporation (NOC) account at the Libyan Foreign Bank until reaching an agreement
The Prime Minister-designate who was appointed by the House of Representatives, Fathi Bashagha, condemned what he described as “wasting public money and the wealth of the Libyan
The Libyan Ministry of Oil and Gas said that it supports all initiatives and plans that aim to increase production, despite being left out of the preparations of the national pla
The National Oil Corporation (NOC) has transferred eight billion dollars in two installments to the bank account of the Ministry of Finance of the Government of National Unity (G
The Head of the Libyan Audit Bureau Khalid Shakshak said blocking oil revenues by the National Oil Corporation (NOC) in the last months was unusual and against state laws, adding
The US ambassador to Libya, Richard Norland, unveiled in an interview with the Turkish Anadolu Agency possible US initiatives related to oil fields in Libya currently b
The US ambassador and envoy to Libya Richard Norland revealed Thursday a proposal submitted by Washington that includes a mechanism for managing Libya's oil revenues.
The National Oil Corporation (NOC) said the total net revenues achieved during 2021 amounted to 21,555,396,675.07 billion US dollars and 30,098,669.01 euros.
The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah said the NOC had transferred 16.883 billion dollars of oil revenue to the government on the l
Net revenues from crude oil, gas, condensates, petroleum products, and petrochemicals hit record levels in August, the National Oil Cooperation said on Friday.
Oil revenues for Libya reached record levels last May, as they recorded 1.322 billion dollars in crude oil and 53 million dollars in gas and condensates, the National O
The Libyan National Oil Corporation (NOC) announced that the general revenue for the month of March 2021 resulted from the sales of crude oil, gas, condensate, petroleu
Libya's oil revenues totaled 1,235 billion in February said the National Oil Corporation (NOC) on Sunday, indicating that it is reviewing the possibility of unfreezing oil r
Libya has hit record levels in oil and gas sales during the last months, surpassing 1.4 billion dollars, the National Oil Corporation (NOC) confirmed Friday.
The Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, warned Saturday that January exports would decrease due to the reduction of Waha Oil Company's pro
A report prepared by the International Crisis Group on Libya has revealed that the freezing of oil revenues in the accounts of the National Oil Corporation (NOC), has b
The Libyan National Oil Corporation (NOC) announced that exports of crude oil, gas and condensate, petroleum products and petrochemicals for the month of November 2020
The Libyan Presidential Council issued Tuesday a statement detailing the results of the emergency meeting that was held in the presence of Fayez Al-Sarraj and members o
The Head of the Libyan Presidential Council Fayez Al-Sarraj has called for a highly important meeting with high-profile officials to be held on Tuesday to discuss the r
The Head of the National Oil Corporation (NOC), Mustafa Sanallah, reiterated on Sunday that the corporation will not release the oil revenues due to the lack of transpa