The Libyan National Oil Corporation’s Chairman, Farhat Bengdara, and the Algerian state Sonatrach Company’s General Director, Rachid Hachichi, signed today annexes to extend the Exploration Production Sharing Agreement (EPSA) agreements for Area 95/96 and Area 65, to compensate Sonatrach for the suspension period due to the force majeure situation, according to the Government of National Unity (GNU).
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Eni confirms its support for the development of the gas production sector in Libya over the next four years.
The Libya Energy and Economic Summit opened in Tripoli yesterday with the participation of several international trade and energy stakeholders, but with the absence of high profile guests that were initially set to be there, namely the top leaders of Italy and Malta.
Tripoli, Libya – Prominent Libyan businessman Ahmed Al-Ghazali has expressed optimism regarding Libya’s economic outlook, stating that the country is…
Libya’s state National Oil Corporation (NOC) revealed today that Libya’s total exports of crude oil during 2023 exceeded 432 million barrels, or an average of 1.184 million barrels per day.
Protesters have threatened to shut down two oil and gas facilities near the Libyan capital Tripoli, with one group that is campaigning against corruption issuing a 72-hour ultimatum that ends on Friday.
The chairman of Libya’s National Oil Corporation (NOC), Farhat Bengdara, called upon executives of the Waha Oil Company to complete…
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, followed up with the strategic project managers on the progress of the projects and their completion rates.
Oil steadied on Wednesday, giving up most of its earlier gains, as Middle East supply concerns arising from the Israel-Hamas war and the shutdown of a top Libyan oilfield balanced rising U.S. output and worries about weak economic growth, according to Reuters.
Chairman of Libya’s National Oil Corporation (NOC), Farhat Ben Qaddara, met in Benghazi today with community representatives from the country’s southern region of Fezzan.