NOC

The chairman of Libya's state oil firm National Oil Corp (NOC) has asked the central bank to increase salaries of oil workers by 67 percent in 2019, a statement said on Tuesday. The North African country approved in 2013 such a pay rise…

 British Petroleum (BP) expects to begin exploration with Italian oil major Eni in Libya in the first quarter of next year, CEO Bob Dudley told Reuters on Thursday.“I’m not sure about this year since it takes time to set up…

Libya’s National Oil Corporation (NOC) warned on Sunday that it would suspend operations at Al-Zawiya refinery unless security improved after two recent attacks.The refinery west of the capital Tripoli supplies western and southern…

The Libyan National Oil Corporation (NOC) chairman  Mustafa Sanallah met with His Excellency Dr Sultan Ahmed Al Jaber, United Arab Emirates Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC) in London…

Libya's crude oil output has dipped again due to the deteriorating security situation around its largest oil field, Sharara, sources said Tuesday.Sources with knowledge of Libya's production said an increase in local militia…

The National Oil Corporation's (NOC) current target is petrol smuggling, reported Petroleum Economist on Friday."The extent of Libya's fuel smuggling was laid bare in September by a report by the UN Panel of Experts. Lacking…

Libya’s state oil company National Oil Corp (NOC) said on Wednesday it had postponed a conference in the eastern city of Benghazi for 15 days following an attack on its Tripoli headquarters last month.The three-day conference, to be…

National Oil Corporation (NOC) has today issued its official response to the false claims made in a report by the Audit Bureau (AB) regarding its operations and staff. The corporation expressed surprise and frustration at the…

Libya’s oil production climbed to the highest since 2013 and can go even higher if security at the nation’s energy facilities can be improved, according to the chairman of the state-run National Oil Corporation.Output was recently…

The National Oil Corporation (NOC) announces that the Al Wafaa oil field airfield was blockaded on the morning of Wednesday, September 19th, in an attempt to blackmail Mellitah Oil and Gas Company into awarding an unwarranted catering…

The UN Support Mission in Libya (UNSMIL) strongly condemns the cowardly terrorist attack on the National Oil Company today.It expresses its deepest condolences to the families of the victims and wishes a speedy recovery to the…

A number of armed men attacked the headquarters of the National Oil Corporation (NOC) in the Libyan capital and several blasts could be heard, witnesses said. Gunfire could be heard as a security force allied to the Tripoli-based…

Libya’s National Oil Corporation (NOC) said on Tuesday it had declared force majeure on exports from Zawiya oil terminal as production at Sharara oilfield dropped to 125,000 barrels per day (bpd).Production at Sharara, where some…

Libya’s National Oil Corporation (NOC) said on Thursday that it was reopening the El Feel oilfield after resolving a dispute with guards over pay and benefits that shut it down in February.Production at El Feel was expected to reach…

Oil futures plunged on Wednesday as the market remained fixed on supplies resuming from Libya and rising trade tensions between the U.S. and China.The market shrugged off bullish government data showing U.S. crude stockpiles slumped…

Libya’s Tripoli-based National Oil Corporation (NOC) said on Wednesday that four export terminals were being reopened after eastern factions handed them the ports.Force majeure, a legal waiver on contractual obligations, was lifted…

Libya’s national oil production fell to 527,000 barrels per day (bpd) from a high of 1.28 million bpd in February following recent oil port closures, the head of the National Oil Corporation (NOC) said in a statement on Monday.The NOC…

The National Oil Corporation (NOC) has also written to the UN sanctions committee and foreign embassies with evidence that it says shows Haftar’s allies have for years been offering questionable contracts in breach of UN resolutions,…

Libya’s National Oil Corporation (NOC) declared force majeure on loadings from Zueitina and Hariga ports on Monday, resulting in total production losses of 850,000 barrels per day (bpd) due to the closure of eastern fields and ports.…

Officials at Libya’s Zueitina oil terminal have not authorised a tanker contracted by Tripoli-based National Oil Corporation (NOC) to load its contacted shipment, while loading was also blocked at Hariga terminal.Zueitina and Hariga…