Oil prices edged towards $80 per barrel on Wednesday, Reuters reported.
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Browsing: Oil & Gas
The Minister of Oil and Gas, Mohamed Aoun, denied the disappearance of $324,000 from the Mellitah Company account within 3 days in August 2011 during his presidency of the company at the time.
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Members of the Libyan Petroleum Facilities Guard (PFG) closed the crude oil pipeline feeding a number of electric power production plants of the General Electricity Company (GECOL) with natural gas as the main fuel to operate the stations of Al-Ruwais, Al-Zawiya, Al-Khums, as well as part of the Misurata Station, according to GECOL.
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The National Oil Corporation (NOC) accused the Minister of Oil and Gas, Mohamed Aoun, of “infringing his powers” and “practicing a policy of misleading for the purpose of disrupting the Corporation’s work,” the NOC said in a statement on Sunday.
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The Libyan National Oil Corporation (NOC) has announced that the Administrative Control Authority had invalidated the decision of the Minister of Oil, Mohamed Aoun, to suspend NOC Chair, Mustafa Sanalla, from work on October 14.
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First Deputy Prime Minister, Hussein al-Qatrani, followed up Monday on the construction of the headquarters of the National Oil Corporation (NOC) and the Ministry of Oil and Gas in Benghazi.
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Representatives of Libya’s National Oil Corporation (NOC) and the U.S. oil firm Halliburton held talks on Monday to explore ways to develop wells and a digital transformation project for the oil sector, according to NOC.
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Royal Dutch Shell is reportedly planning to develop new oil and gas fields and infrastructure in Libya to tap into the country’s vast oil and gas resources.
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The Libyan National Oil Corporation (NOC) announced Wednesday that the net revenues for the month of October 2021 are US$ 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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