The Libyan government confirmed on Monday that production would resume at a number of oilfields which were recently shut down by a western faction of the Petroleum Facilities Guard (PFG).
See more
Browsing: Business
Production in the Libyan oilfields Wafa, El Feel, Sharara and Hamada would be restored after Prime Minister Abdul Hamid Dbeibeh met with representatives of a faction of the Petroleum Facilities Guard (PFG) which is active in the west of the country, Italian news agency Nova reports.
See more
Egypt plans to increase the capacity of its power grid interconnection with Libya to 2,000 MW, according to Minister of Electricity and Renewable Energy Mohamed Shaker.
See more
The Belgian judiciary wants the chairman of Libya’s sovereign wealth fund arrested on charges of corruption and embezzlement, Belgian magazine De Tijd reported.
See more
Libya’s daily oil production rose to 900,000 barrels, Oil Minister Mohamed Aoun told Libya 218 news.
See more:
Libyan oil output is 729,000 barrels per day, the National Oil Corporation (NOC) media office said on Thursday, down from a high of more than 1.3 million bpd last year.
See more
Oil prices rose sharply on Thursday, extending a rally from the previous session, on escalating unrest in OPEC+ oil producer Kazakhstan and supply outages in Libya, Reuters reported.
See more:
The Central Bank of Libya (CBL) has published the government expenditures for 2021, which amounted to $24.5 billion (85.8 billion Libyan dinars), contradicting with the numbers published by the Government of National Unity (GNU), headed by Abdul Hamid Dbeibeh.
See more:
Libya expects its oil production to drop by another 200,000 barrels a day over the next week as workers try to fix a damaged pipeline.
See more
Algeria’s national oil company Sonatrach is preparing to resume suspended oil projects in Libya, the state news agency APS reported on Monday.
See more