The suspension of Libya’s former Oil Minister Mohamed Aoun has shed light on the corruption and political wrangling plaguing the…
Browsing: Oil & Gas
Libya’s National Oil Corporation (NOC) has announced a new discovery in the Alihib field, located south of the coastal city…
The Libyan General Oil Union expressed its opposition to the decision made by the Administrative Control Authority to suspend Minister of Oil and Gas Mohamed Aoun.
Fifty three members of the Tripoli-based High Council of State (HCS) has said in a statement that Oil Minister Mohamed Aoun was suspended due to his opposition to suspicious deals, about which a lot of controversy has been raised recently.
The Mellitah Oil & Gas Company has successfully re-drilled the 5th well “FB-21HOR-ST2” in the Elephant Field, completing and testing…
Head of the Libyan Administrative Control Authority, Abdullah Qadirbuh, has issued a decree suspending the Oil Minister of the Government of National Unity (GNU), Mohamed Aoun, from work to investigate legal violations, the Authority said on its official Facebook page on Monday.
Libya’s Presidential Council, led by Mohammed Al-Menfi, will launch an inquiry this week into “allegations of wholesale mismanagement in the country’s National Oil Corporation”, the scope of which is likely to also cover “the widespread practice of fuel smuggling and its key beneficiaries,” British newspaper The Guardian reports.
Libya’s crude oil production in February reached 33.53 million barrels. This was announced by the Libyan state oil corporation, National Oil Corporation (NOC).
Libya’s National Oil Corporation (NOC) has confirmed plans to launch a licensing round at the end of 2024 or early-2025, as well as initial interest received in the country’s marginal assets.
Oil fields in western Libya and Greenstream, a natural gas link to Italy, resumed after a short halt as Petroleum Facilities Guard withdrew from the facilities following assurances from the Government of National Unity that their demands would be met, Bloomberg reports.