Five Western nations urged Libyans on Friday not to drag the state-owned National Oil Corporation (NOC) into political disputes that could threaten the country’s fragile peace.
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Browsing: Oil & Gas
Oil exports have been halted in four terminals, as severe weather suspended shipping in the Oil Crescent, sources from the National Oil Corporation (NOC) have confirmed.
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Oil prices recorded a jump in the global market, crossing the threshold of $100 a barrel on Thursday, for the first time in 7 years, after Russia announced the launch of a military operation in Ukraine.
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Zueitina Oil Company said Wednesday that al-Sabah oil field was subjected to acts of sabotage and looting.
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Libya’s state-owned National Oil Corporation (NOC) on Monday announced the opening of the Tahara oilfield operated by Arabian Gulf Oil Co (AGOCO) in the Hamada area.
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The Libyan National Oil Corporation (NOC) praised the measures taken by the Attorney General regarding encroachment on the coastal gas pipeline.
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Oil regained some of its more than 2 percent decline in Asian markets on Thursday, weighed by the continuing situation in Ukraine.
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Oil workers threaten to shut down production at an oil export terminal in eastern Libya by the end of February, Argus reported on Tuesday, quoting a shipping source.
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Libya’s Oil Minister Mohamed Aoun has accused the National Oil Corporation (NOC) of deliberate disruption of the wireless communications in his ministry, according to a leaked document.
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Oil prices were steady on Monday after hitting their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger U.S. and European sanctions that would disrupt exports from one of the world’s top oil producers.
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