The Italian multinational energy company Eni and the Libyan National Oil Corporation (NOC) discussed the exploratory programs planned for 2024.
Browsing: Oil & Gas
Libyan Prime Minister Osama Hammad confirmed that the seizure of oil revenues came to stop wastage, and that oil money was placed under guard until the general budget is structured and arranged and the rights of all cities are fulfilled.
Libya’s Supreme Council for Energy Affairs, chaired by Prime Minister Abdul Hamid Dbeibeh, held a meeting on Monday to review the National Oil Corporation’s strategic plan to increase energy production and review efforts to activate the Ras Lanuf industrial complex, according to a statement by Dbeibeh’s media office.
Oil prices jumped more than 4% on Friday, rebounding from a four-month low hit in the previous session, according to Reuters.
The Libya Oil, Gas, and Renewable Energy Exhibition kicked off in Benghazi on Monday, marking its third edition held in…
A technical team from the Sirte Oil Company has managed to resume production from the C258H-6 well, which stopped since 2013 in the Zaltan field, located in the Libyan oil crescent close to the Gulf of Sidra, announced Libya’s National Oil Corporation (NOC).
Libya’s net revenue from the sale of crude oil, natural gas, condensates and petrochemicals exceeded $17 billion in the first ten months of 2023, the country’s state-owned National Oil Corporation (NOC) said in a statement on its official page on Facebook.
Prime Minister Abdul Hamid Dbeibeh is considering plans to scrap fossil fuel subsidy in attempt to stop smuggling.
Libya’s National Oil Corporation has announced the launch of a new website dedicated to global investors.
Oil prices struggled on Wednesday after sliding to their lowest levels in over three months in the previous session, according to Reuters.