NOC Predicts Libyan Oil Production to Decline by Half

• Wednesday, 8th July 2020
• by Editorial Team

Libya’s state-run National Oil Corporation (NOC), has predicted that Libya’s oil production and exports over the next year and a half are set to nosedive to half of what was initially forecast, according to a press re...

Libya Production Drops to 204,000 BBL/D

• Wednesday, 5th February 2020
• by Editorial Team

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 Oil Production Comes to a Halt

• Monday, 20th January 2020
• by Editorial Team

Libya’s El Shahara and El Feel oilfields were shut down on January 19 by a group representing the southern Libyan tribesmen, according to Asharq Al-Awsat. The oilfields’ closure has led to halting Libya...

Libya Plans to Double Oil Production by 2023

• Sunday, 12th May 2019
• by Editorial Team

Libya plans to increase oil output from its existing fields to reach 1.4 million barrels per day (b/d) by the end of 2019 and 2.1 million b/d by 2023, according to the National Oil Corporation (NOC), Zawya reported. M...

Libya Grew Oil Output to 580,000b/d

• Tuesday, 25th October 2016
• by Egypt Oil & Gas

Libya’s Prime Minister, Fayez Al-Serraj, said that Libya’s oil production has reach 580,000 to 600,000b/d, with the aim of reaching 950,000b/d by the end of the year. While officials are negotiating with w...