Tatneft has drilled exploration wells in Libya and the flow rate from some of them is good, Deputy CEO of the Russian oil producer Nurislam Syubaev told Russian state-owned news agency TASS on the sidelines of the Russia-Africa summit.
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The Libyan Business Council (LBC) announced today that the Maltese Chamber of Commerce will lead a Maltese business delegation to Libya this September/October. The delegation will include the Bank of Valletta.
Oil prices rose on Friday and notched a fifth straight week of gains as investors were optimistic that healthy demand and supply cuts will keep prices buoyant, according to Reuters.
Libya’s National Oil Corporation (NOC) announced yesterday that in the first of its kind for Libya, a ‘‘turnkey contract’’ to drill three wells has been signed between the NOC’s National Well Drilling Company (NWD) and US-based Schlumberger.
Tripoli – Libya’s oil production showed signs of further recovery, according to figures released by the National Oil Corporation (NOC)…
The Supreme Financial Committee convened its second meeting on Wednesday at the National Oil Corporation headquarters in Tripoli, chaired by…
The Arabian Gulf Oil Company (AGOCO), a subsidiary of Libya’s National Oil Corporation, has stopped two leaks in the flow line linking the block station and the main pumping station in the Al-Bayda oil field, and another leak in the main line linking the Masala-Al-Sarir fields.
EgyptAir is preparing to launch new flights from Cairo to Misrata International Airport in western Libya starting next September.
The Presidential Council held today the first meeting of the High Financial Oversight Committee in Sirte to determine the aspects of public spending and prepare the financial provisions.
The production of crude oil in Libya in June 2023 was 35.486 million barrels, while that of petroleum products was 515 thousand tons, announced Libya’s National Oil Corporation (NOC) in a press release.