Libya’s NOC Ends Trasta Partnership, Restores Full Control of Ras Lanuf Complex

• Thursday, 14th May 2026
• by Fatma Ahmed

Libya’s National Oil Corporation (NOC) has signed a final agreement with Trasta Company, officially ending their long-running partnership in the Libyan Emirates Oil Refining Company (LERCO) after more than a decade of...

Chariot Takes Over Energean’s Moroccan Offshore Interests

• Wednesday, 14th May 2025
• by Fatma Ahmed

Chariot Limited, an energy group focused on Africa, announced on May 14 that Energean plc has returned its Moroccan offshore interests to Chariot. The transfer includes Energean’s full stake in a subsidiary that held ...

Exxon, Guyana in Talks to Return Unexplored Offshore Oil Areas

• Thursday, 22nd June 2023
• by Israa Ibrahim

ExxonMobil and Guyana are negotiating over which unexplored offshore areas will be returned to the Guyanese government, Reuters reported. The unexplored acres are 20% of the original 2016 production control, according...