NOC

Libya's Sharara oilfield, the country's largest, will be reopened soon, the Head of the Petroleum Facilities Guards said on Saturday.Ali Al-Theib told a local TV Channel in Libya that work at the Sharara and El-Feel oilfields will be…

On Thursday, a French navy frigate intervened along with the United Nations to stop a tanker as it was on its way to load refined oil products from an eastern Libyan port in violation of UN sanctions.The illicit operation failed,…

The National Oil Corporation (NOC) of Libya said on Thursday that suspension of oil exports has caused losses of nearly 5 billion U.S. dollars."The total losses of the current suspension (of oil exports) have amounted to 4,943,976,768…

The total oil production inside Libya is down to 80,510 barrels a day, as of Monday April 13, 2020, while the forced restriction of oil and gas production by Khalifa Haftar's forces has caused financial losses exceeding $4,087,913,653 since…

The Libyan National Oil Corporation (NOC) confirmed in a statement on Saturday that the illegal closure of a gas pipeline which provides approximately 200 million cubic feet of gas daily to cement factories and to Al-Khoms and Misurata…

The Libyan National Oil Corporation (NOC) has said that in the last few days, there has been an illegal shipment of aviation fuel into Libya, adding that it has informed the UN, GNA and numerous other governments of these clear violations…

Libya's National Oil Corporation (NOC) on Tuesday said that the suspension of oil exports because of the closure of oil fields and ports has caused a loss of more than 2 billion U.S. dollars so far."The NOC confirms that there has been…

The National Oil Corporation (NOC) confirmed Monday that it was forced to shut down the Zawiya refinery on Saturday, February 8, 2020 as a result of a valve closure in the Hamada region, on the main pipeline between Sharara field and Zawiya…

The state-owned Libyan National Oil Corporation (NOC) on Friday said that the suspension of oil exports due to closure of oil fields and ports has caused a loss of more than 1 billion U.S. dollars so far.The country's daily oil…

Total losses from the closure of Libya’s major oil fields and production facilities has accelerated, reaching more than $502 million over a 10-day period, the country’s National Oil Corporation (NOC) said Tuesday.The oil closures came…

The closure of Libya’s major oil fields and production facilities has resulted in losses of more than $255 million in the six-day period ending January 23, the country’s National Oil Corporation said on Saturday.The NOC added that its…

Libya’s oil output will collapse “within days” to the lowest level since the 2011 civil war as a blockade of its export terminals has forced a rapid shutdown of production and electricity blackouts in parts of the country, according to the…

Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade by KhalifaHaftar's forces, setting the stage for crude flows from the OPEC member to…

The Libyan National Oil Corporation (NOC) has declared force majeure after Khalifa Haftar's forces have blockaded oil exports from Brega, Ras Lanuf, Hariga, Zueitina and Sidra ports."The LNA General Command and the Petroleum Facilities…

The board of directors of the National Oil Corporation (NOC) has strongly condemned calls to blockade oil ports ahead of the Berlin Conference on Sunday.“The oil and gas sector is the lifeblood of the Libyan economy and the single…

National Oil Corporation (NOC) reported November 2019 revenues of approximately 1.8 billion USD, a decrease of around 410 million USD (19%) on October 2019 revenues and a decrease of 613 million USD (25%) compared with November 2018. This…

Libyan state oil firm NOC is considering the closure of its western Zawiya port and evacuating staff from the refinery located there due to clashes nearby, a statement said on Saturday.NOC might also shut down the El Sharara oilfield,…

Libya's National Oil Corporation (NOC) said on Tuesday it had approved the purchase by France's Total of Marathon Oil's stake in the country's Waha concessions.The French company committed to invest $650 million to increase production…

The National Oil Corporation of Libya has announced that Russia’s Tatneft has returned to its exploration project in the North African country, in the Northwest.“We are very pleased with Tatneft’s resumption of its activities at…

Libya National Oil Corporation (NOC) declared force majeure on loadings of Mellitah crude oil after El Feel oilfield shutdown last week, six industry sources with knowledge of the matter told Reuters on Monday.The 73,000 barrel per day…