Glencore Extends Major Libyan Oil Deal

• Monday, 6th February 2017
• by Editorial Team

Swiss-based commodities giant Glencore has extended a deal with Libya’s National Oil Corporation (NOC) to be the sole marketer of one third of the country’s crude oil production, Reuters reported. With the...

Libya Considers Foreign Investments

• Thursday, 26th January 2017
• by Editorial Team

Libya plans to start opening the doors to foreign investors that may be ready to step back into the country’s oil sector, Al Bawaba reported citing the Libyan National Oil Corporation’s Chairman, Mustafa Sanalla...

Armed Forces Shutdown 2 Libyan Oil Fields

• Wednesday, 31st August 2016
• by Egypt Oil & Gas

Petroleum Facilities Guards’ Commander, Mohammad Ahmad Alkhbasha, said that the Libyan armed forces, which control some of the country’s southern oilfields, have shutdown the Gulf and  Al Wafa fields, due ...