Libya’s oil production continues to fall amid tensions in the area, according to Reuters. A source in Libya’s National Oil Corporation (NOC) said that oil production has dropped to 204,000 barrels per day (bbl/d) sinc...
Libya’s National Oil Company (NOC) declared that the country’s oil production has dropped significantly in the week to January 24, 2020, according to Reuters. Libya’s oil production shrank reaching 284,153...
Libya’s el Sharara oilfield has increased its production capacity, reaching around 180,000 barrels per day (b/d), according to a field engineer, Reuters reported. The 315,000 b/d field had been restarted as the Libyan...
The Libyan National Oil Company (NOC) announced on March 4 lifting force majeure at el Sharara oilfield, Reuters reported. The 315,000 barrels per day (b/d) oilfield was restarted with an expected regular output durin...
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, the company announced on December 28. Despite the reduced revenue, Nov...
Libya’s National Oil Company (NOC) announced it is keeping the Sharara oilfield closed despite pressure from officials to pay off the protesters who shut it down, Reuters reported. The oilfield is the biggest in...
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, The Libya Herald reported. The statem...
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, Reuters reported. Output losses were caused after unusually...