Libya’s National Oil Corporation (NOC) has held discussions with majors BP and Eni about resuming exploration activity in the North African country, it said on Thursday. BP signed a major Continue Reading
Libyan authorities were informed before French energy major Total closed a $450 million deal with Marathon Oil to take over the U.S. firm’s 16 percent share in the Waha concession, Continue Reading
Egypt’s oil and gas future has been looking bleak for years, as the impact of the Arab Spring, the emergence of a Muslim Brotherhood government and a military coup by Continue Reading
Libyan production for U.S. energy company Hess Corp. increased exponentially from first quarter 2017. Production for Libya in general all but collapsed at the height of civil war. File Photo Continue Reading
An early report by Reuters cited a source from the pipeline operator Waha Oil Company who said the pipeline had been attacked by “a terrorist group.” Later, parent company NOC Continue Reading
It could be another week before Libya is able to resume gas exports to Italy as work to complete planned maintenance at key offshore gas fields continues, sources close to Continue Reading
The future of North Africa’s leading oil and gas producer Libya is once again under threat. International media reports that Libya’s strongman General Khalifa Haftar, leader of the LNA, the Continue Reading
Is General Khalifa Haftar dead or alive? The leader of the Libyan National Army disappeared from the public eye earlier this month, and now rumors surrounding his health are beginning Continue Reading
Libya’s National Oil Corporation (NOC) is considering using a chemical marking system to help trace oil products smuggled out of the country, its chairman said on Wednesday. Mustafa Sanalla also Continue Reading
Italian energy company Eni said Tuesday it signed a series of agreements with a state-run company in Algeria that could lead to greater gas production. Eni CEO Claudio Descalzi met Continue Reading
