Oil exports have been halted in four terminals, as severe weather suspended shipping in the Oil Crescent, sources from the National Oil Corporation (NOC) have confirmed.
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Oil prices recorded a jump in the global market, crossing the threshold of $100 a barrel on Thursday, for the first time in 7 years, after Russia announced the launch of a military operation in Ukraine.
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The Central Bank of Libya (CBL) confirmed on Tuesday that commercial banks across the country has cash balances of more than 2.7 billion Libyan dinars (435 million US dollars), Sada newspaper reports.
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Zueitina Oil Company said Wednesday that al-Sabah oil field was subjected to acts of sabotage and looting.
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Libya’s state-owned National Oil Corporation (NOC) on Monday announced the opening of the Tahara oilfield operated by Arabian Gulf Oil Co (AGOCO) in the Hamada area.
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Saddek El Kaber, Governor of the Central Bank of Libya (CBL), will be in Washington next month for talks with U.S. officials, announced the American embassy on Sunday.
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Saddek El Kaber, Governor of the Central Bank of Libya (CBL), held talks on Sunday with U.S. Special and Envoy and Ambassador to Libya, Richard Norland, and Deputy Assistant Secretary of the Treasury Eric Meyer, said the American embassy in Libya.
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Dozens of Libyans lined up today in front of the Savings and Real Estate Investment Bank in Tripoli to apply for housing loans which incumbent Prime Minister Abdul Hamid Dbeibeh promised.
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Libya’s incumbent Prime Minister Abdul Hamid Dbeibeh announced a series of populist spending plans on Friday as he sought to strengthen his position against a push by the parliament to replace him with the premier-designate Fathi Bashagha.
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The Libyan National Oil Corporation (NOC) praised the measures taken by the Attorney General regarding encroachment on the coastal gas pipeline.
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