The Libyan National Oil Corporation (NOC) has announced that the Russian Tatneft petroleum refineries company had resumed its exploration activity in the blocks located in the Ghadames Basin area in western Libya.
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The US is open to the possibility of an energy interconnection between Greece and Libya, a State Department spokesperson stated, according to Greek Reporter newspaper.
The Libyan House of Representatives has issued a resolution to form a committee to set up a mechanism for distributing oil revenues according to geographical distribution, population, and oil and gas production and export areas.
Libya’s state-owned National Oil Corporation (NOC) is planning to increase the country’s oil production to 2 million barrels per day between 3 to 5 years, announced the company’s chief Farhat Bengdara on Tuesday.
Libya has agreed with Eni and BP to begin extracting natural gas from a Mediterranean gas field believed to be bigger than Egypt’s huge Zohr field, the head of the National Oil Company (NOC) told Skynews Arabia on Monday.
The Tripoli-based Government of National Unity officially approved today selling shares of the U.S. Hess Corporation in the Waha oilfield to France’s Total Energies and U.S. Conoco Phillips.
Issa Al-Araibi, the Head of the House of Representatives’ Energy Committee has threatened to shut down the country’s oil port in protest against foreign interference in the country, particularly that of Turkey.
U.S. President Joe Biden is once again tapping into the country’s emergency stockpile of oil as the White House tries to prevent gasoline prices from spiking again, reducing the petroleum reserve to its lowest level in four decades, according to a report by Fox News.
The National Oil Corporation (NOC) confirmed Friday that Libyan oil production amounted to 1.184 million barrels per day.
The Libyan outgoing Prime Minister Abdul Hamid Dbeibeh said that he does not care about the opinion of the countries that opposed the signing of the hydrocarbons agreement with Turkey, pointing out that he is primarily interested in making the Libyan people understand the reality of what he is doing.