Oil - Libyan Express

Oil prices increase as conflicts in Libya, Iraq intensify

Mar 05, 2017

Seeking Alpha - A new set of geopolitical conflicts buoyed oil prices higher today after yesterday's sell-off pushed WTI below its 50-day moving average. Conflicts in Iraq and Libya were the main reason for the rise in oil…

Libya’s National Oil Corporation signs oil investment and purchase deals with Russian Rosneft

Feb 21, 2017

Russian oil company, Rosneft PJSC, signed investment and crude-purchasing agreements with Libya’s National Oil Corporation (NOC).Moscow-based Rosneft agreed to invest in exploration and production in Libya, the state-run NOC said…

Libya’s oil production soars to 750.000 bpd, GNA deputy head says

Jan 14, 2017

The Deputy Head of the Presidential Council of the UN-brokered Government of National Accord (GNA) Ahmed Mitig said Libya's oil production has increased hitting 750.000 barrels per day (bpd) on Friday.Mitig added, in a presser on…