Libya Records Oil Revenue of $16 B in 9 Months

• Wednesday, 9th October 2019
• by Editorial Team

The Central Bank of Libya announced on Wednesday that the state’s revenues from oil stood at 22.7 billion Libyan dinars ($16.09 billion) from January till September 2019, citing Reuters. Moreover, the total government...

Libya Oil to Invest EGP 500M in Egypt

• Wednesday, 19th December 2018
• by Sarah Samir

Libya Oil will invest EGP 500 million into Egypt over the next five years under its new commercial name, OLA Energy, the company announced in a press release. The company did not provide further information about how ...

Clashes Continue at Libyan Oil Ports

• Thursday, 8th January 2015
• by Egypt Oil & Gas

Rival Libyan troops have clashed over two of the country’s main oil terminals for a second day, leading to their closure. The Ras Lanuf and Sidra terminals were closed on Saturday after pro-government forces cla...

Unrest hits Libyan output

• Wednesday, 23rd February 2011
• by Egypt Oil & Gas

Unrest in Libya caused several oil-industry companies to say they were halting output in Africa’s third-largest producing country. Spain’s Repsol and Italy’s Eni said they had shut in production. Aus...