Libyan Central Banker Pins Revival Hopes on Higher Oil Output
Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Libya needs to boost oil output by almost 40% of its current level in Continue Reading
Libya’s Oil Minister Wants NOC Chairman Out
Libya’s Oil Minister Mohamed Oun has recommended to the government of national unity that it replace the long-serving chairman of the National Oil Corporation (NOC), Mustafa Sanalla, in a board Continue Reading
Libya’s NOC says oil pipeline leak to lower Gallo oil field output by 70,000 b/d
Oil production at Libya’s Gallo field will drop by as much as 70,000 b/d after an oil pipeline leak that occurred late Aug. 9, the state-owned National Oil Corp. said Continue Reading
Spanish Oil Major Repsol May Resume Oil Exploration In Libya
Spain’s Repsol is willing to resume oil exploration activities in Libya in light of the improved security situation in the African OPEC member, Libya’s National Oil Corporation (NOC) said on Wednesday after Continue Reading
Libyan crude output could rise 200,000 b/d by year-end: OMV executive
Highlights Technical, maintenance issues keeping a lid on current output Output could become more volatile ahead of Dec elections Libya currently producing near 1.20 million b/d of crude Libya has Continue Reading
Libyan crude output could rise 200,000 b/d by year-end: OMV executive
Technical, maintenance issues keeping a lid on current output Output could become more volatile ahead of Dec elections Libya currently producing near 1.20 million b/d of crude Libya has the Continue Reading
Libya: Shell Considers Resuming Activities In Country
Shell is considering resuming operations in Libya by contributing to oilfield developments and increasing marketing and refining activities, Libya Herald reported on Tuesday, citing Libya’s National Oil Corporation (NOC) as Continue Reading
U.N.-backed Libya talks fail to reach consensus on elections
U.N.-sponsored talks aimed at paving the way for elections in Libya in late December failed to find common ground, the deputy of the United Nations mission in Libya said on Continue Reading
Libyan crude output under pressure due to pipeline leaks: NOC’s Sanalla
Libya’s production recovery is slowing as the country’s ageing oil infrastructure comes under pressure, with more falls likely in coming days due to series of pipeline leaks, the chairman of Continue Reading
Libya’s Oil Production Drops By 200,000 Bpd
Libya’s crude oil production has declined by more than 200,000 barrels per day (bpd) in recent days, or by almost 20 percent, on the back of pipeline leaks and maintenance Continue Reading