Oil

Recently, the National Oil Cooperation has taken the unexpected step of denying the Central Bank of Libya access to any oil revenue, the move was stated to be for the sake of guarding the country's oil recovery and the protection of the…

The drivers of the Oil Marketing Company, Brega, are staging a strike because of the repeated attacks on the fuel vehicles.The company appealed through its official Facebook page to the security authorities to assume their…

In a press release, Libya's National Oil Corporation (NOC) confirmed that it will not be transferring revenue funds to the Central Bank of Libya due to a lack of trust and transparency in the bank."Revenues will not be transferred to…

In a meeting that took place virtually between the head of the National Oil Institute (NOC), Mustafa Sunallah and Total’s head of exploration and production in the Middle East and North Africa Stephane Michel, the French company expressed…

Al-Waha Oil announced yesterday the complete restoration to its second-largest oil production station.The Oil Company stated that engineering and technical staff under the supervision of the production department and regular follow-up…

Libya’s oil production has surged past 1 million barrels a day, national petroleum officials said on Saturday, marking an important milestone months after its civil war almost choked the country’s energy production.Libya has been…

Libya’s oil production has more than tripled since the port blockade has been lifted, reaching around 300,000 barrels per day (bpd) after the restart of another oilfield in the country, creating a new headache for fellow OPEC members who…

Khalifa Haftar gave his “personal commitment” to “allow the full reopening of the energy sector” by Sept. 12, the U.S. embassy in Tripoli, the capital, said in a statement Saturday.He made the pledge via an exchange of letters between…

Libya’s Petroleum Facilities Guards, loyal to Khalifa Haftar, has announced that the blockade on oil production in the country imposed by warlord Haftar has been lifted after over seven months.“Haftar gave the order to reopen the…

Libya has suffered over $8 billion in losses as a result of the oil blockade and the closure of oil wells by Khalifa Haftar’s forces in the past 200 days, the National Oil Corporation (NOC) announced.In a statement, the NOC said the…

The Libyan National Oil Corporation (NOC) has warned of the threats posed by oil blockades and the presence of mercenaries as well as the effects of the militarization of oil facilities on workers and local population safety.NOC said in…

The Libyan National Oil Corporation (NOC) said Saturday evening it was deeply concerned at the serious deterioration in the security situation in areas surrounding oil facilities in the Gulf of Sirte.“Violent Clashes took place over the…

Libya’s National Oil Corporation (NOC) condemned unreservedly the renewed blockade on Libyan oil exports and calls for the states responsible to be held to account by the United Nations Security Council.NOC has been forced to declare…

Warlord Khalifa Haftar said on Saturday that he will continue to block oil production until his conditions are accepted, despite announcement by Libyan National Oil Corporation on the same day that exports will resume after lifting force…

The Libyan National Oil Corporation (NOC) has lifted force majeure on all oil exports from Libya, it said in a statement on Friday. The NOC indicated that after the lifting of force majeure, the first vessel to load crude is the Kriti…

Libyan National Oil Corporation attempted Wednesday a technical process to load the very large crude oil tanker Delta Ocean at Es Sider oil port. Regrettably, the Petroleum Facilities Guard did not allow the tanker to enter the port.…

Libya’s oil production and exports, suspended in January this year by the Petroleum Facilities Guard (PFG) in central and Eastern region is on track for a precipitous decline over the next year and a half as a result of the illegal…

UNSMIL said Tuesday that as part of the ongoing Berlin process, experts of the Economic Working Group of the International Follow-up Committee on Libya met virtually on July 6, in the presence of Acting Special Representative of the…

The Chairman of Libya’s state oil company has blamed foreign powers backing Khalifa Haftar for hindering talks intended to enable Libya to end a six-month oil blockade and resume crude exports.Mustafa Sanalla, chairman of the National…

The National Oil Corporation (NOC) confirms the continuation of force majeure on Hariga, Brega, Zueitina, Es Sider and Ras Lanuf ports, following orders by Major General Nagi al-Moghrabi, commander of the Petroleum Facilities Guard (PFG) in…