Browsing: Business

The National Oil Corporation (NOC) accused the Minister of Oil and Gas, Mohamed Aoun, of “infringing his powers” and “practicing a policy of misleading for the purpose of disrupting the Corporation’s work,” the NOC said in a statement on Sunday.

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The Libyan National Oil Corporation (NOC) has announced that the Administrative Control Authority had invalidated the decision of the Minister of Oil, Mohamed Aoun, to suspend NOC Chair, Mustafa Sanalla, from work on October 14.
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Libya’s Economic Working Group (EWG) co-chairs emphasized the importance of a reunifying Central Bank of Libya (CBL), underscoring the necessity to maintain the unity and independence of the country’s sovereign economic and financial institutions.
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The Economic Working Group of Libya, convened a plenary meeting on 15 December to discuss the progress of reunifying the Central Bank of Libya with Governor Saddek El-Kabir and Deputy Governor Ali El-Hebri, the United Nations Mission in Libya (UNSMIL) said on Friday.

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First Deputy Prime Minister, Hussein al-Qatrani, followed up Monday on the construction of the headquarters of the National Oil Corporation (NOC) and the Ministry of Oil and Gas in Benghazi.
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Representatives of Libya’s National Oil Corporation (NOC) and the U.S. oil firm Halliburton held talks on Monday to explore ways to develop wells and a digital transformation project for the oil sector, according to NOC.

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Royal Dutch Shell is reportedly planning to develop new oil and gas fields and infrastructure in Libya to tap into the country’s vast oil and gas resources.
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The Libyan National Oil Corporation (NOC) announced Wednesday that the net revenues for the month of October 2021 are US$ 1,907,660,046.91 from sales of crude oil, gas, condensate, petroleum products, and petrochemicals.
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Russian oil company Tatneft has completed he drilling of oil well B-2 in block 82/4 in the Ghadames basin in western Libya.

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Mayor of Benghazi, Saqr Bujwari, discussed on Saturday with a delegation of China Communications Construction Company (CCCC) ways for the Company to return to work in Benghazi for completing several suspended projects, according to Benghazi Municipality.
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