French Total acquired a 16.33% stake in Libya's Waha concession from Marathon Petroleum in an acquisition transaction worth $450 million as part of its strategy to expand in the Middle East and North Africa region ...
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with board member of the National Oil Corporation (NOC), Jadallah Hamed Aloakali, and an accompanying delegation of Libyan oil companie ...
Libya's National Oil Corporation (NOC) has evacuated El Feel oil field after the field's guards staged a strike over pay.
Libya's crude oil output decreased by 70,000 barrels per day due to halting production at the El Feel oil field on February 24th.
NOC has been facing continuous delays in receiving budget money from the Libyan government, stated Mustafa Sanalla, NOC's Head.
Algeria’s Sonatrack has packed a deal with the Libyan National Oil Corporation (NOC) to jointly operate a number of crude oil fields located between the two countries’ borders.
Maintenance and renovation works at the liquefied natural gas (LNG) plant in Zueitina Port, in north-eastern Libya, have been completed.
Libya has earned $14 billion in oil revenues in 2017, which is tripling the 2016 $4.8 billion oil revenues and allowing to halve Libya’s budget deficit, the Central Bank of Libya announced.
Libya completed repairing its oil pipeline, which was damaged due to a suspected attack on December 26th. Production is starting gradually after the repairs.
It will take a week to repair the Es Sider pipeline.
