Libya’s Presidential Council, led by Mohammed Al-Menfi, will launch an inquiry this week into “allegations of wholesale mismanagement in the country’s National Oil Corporation”, the scope of which is likely to also cover “the widespread practice of fuel smuggling and its key beneficiaries,” British newspaper The Guardian reports.
Browsing: Oil & Gas
Libya’s crude oil production in February reached 33.53 million barrels. This was announced by the Libyan state oil corporation, National Oil Corporation (NOC).
Libya’s National Oil Corporation (NOC) has confirmed plans to launch a licensing round at the end of 2024 or early-2025, as well as initial interest received in the country’s marginal assets.
Oil fields in western Libya and Greenstream, a natural gas link to Italy, resumed after a short halt as Petroleum Facilities Guard withdrew from the facilities following assurances from the Government of National Unity that their demands would be met, Bloomberg reports.
The Acting Chairman of the National Oil Corporation (NOC), Masoud Suleiman, held a meeting in Tripoli today with the Head of the Petroleum Facilities Guard, Brigadier General Abdul Razzaq Al-Khurmani.
The National Oil Corporation announced on Monday that Libyan oil production reached 1.212 million barrels per day on Sunday.
The House of Representatives of Libya has sent a letter to the ambassadors of France, Turkey and the UAE, expressing…
Oil India is in talks with stakeholders to restart drilling in Libya, thirteen years after the company exited the country due to political instability, a top company official told Reuters.
The Libyan National Oil Corporation (NOC) has announced that the Mellitah Oil and Gas Company was able to rehabilitate the well (A75) in the Abu Attifel field, in implementation of the corporation’s plan to increase production.
The governor of the Libyan Central Bank, Al Siddiq al Kabir, the president of the Audit Bureau of Libya, Khaled Shakshak, and the chairman of the National Oil Corporation, Farhat Bengdara, underlined the need to increase oil production rates.