Libya’s oil production continues to fall amid tensions in the area.

Libya’s National Oil Company (NOC) declared that the country's oil production has dropped significantly in the week to January 24, 2020. The country's oil production reached 284,153 barrels per day of crude oil (bbl/d).

The 315,000 b/d field had been restarted as the Libyan NOC announced on March 4th.

The 315,000 b/d field was restarted with an expected regular output during the next days.

Libya’s National Oil Company (NOC) declared that oil and gas revenues in November declined to be $2.4 billion, down from $2.87 billion in October.

Libya's state oil firm NOC announced it is keeping the Sharara oilfield closed despite pressure from officials to pay off the protesters who shut it down.

The Libyan National Oil Company (NOC) and the Libyan British Business Council (LBBC) have signed a statement of intent to enhance oil and gas cooperation between Libya and the UK.

Oil output from Libya’s Arabian Gulf Oil Company (AGOCO) has returned to its normal level of 250,000 barrels per day (b/d) after electricity supply problems.