Bengdara appoints new chairman for Sirte Oil Company
Chairman of the Libyan National Oil Corporation (NOC), Farhat bengdara, has appointed Mohamed al-Fantari as chairman of Sirte Oil and Gas Company.
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NOC: Libya’s oil production will increase to 2 million b/d
Libya aims to increase the level of oil production to two million barrels per day, announced the state-owned National Oil Corporation (NOC) on Thursday.
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Brent crude is down 0.2%
Oil prices fell in Asia on Thursday, after rising more than $1 in the previous session, as concerns about supply disruptions eased and markets looked for evidence of impr...
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LIFECO restart ammonia and urea plants after 70-day break-off
The workers of the Libyan Fertilizer Company (LIFECO) managed Tuesday evening to restart the second ammonia and urea plants after a stop of more than seventy days, accord...
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Brega Company distributes 800,000 liters of fuel to southern region
The Brega Oil Marketing Company has confirmed the availability of fuel in the Sabha warehouse, with sufficient quantities for two weeks.
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Oil price falls below $97 a barrel
Oil prices fell, during Thursday's trading, after US data indicated weak demand for fuel.
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NOC, GECOL discuss gas supply to power stations
The National Oil Corporation (NOC) and General Electricity Company of Libya (GECOL) have reviewed the challenges facing the latter in terms of supplying power grids with...
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Libya’s Oil Ministry denies departure of US company Halliburton
The Ministry of Oil and Gas of the Government of National Unity has denied the reports relating to the alleged evacuation of the U.S. company Halliburton from the country...
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Libya’s oil production exceeds 1 million barrels per day
Oil production in Libya reached over a million barrels per day after the reopening of the wells and export terminals, announced the Tripoli-based government on Thursday.
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Oil prices exceed $107 a barrel
Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, supported by improved risk appetite among investors, while falling crude inventorie...
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