The Mellitah Oil & Gas Company has successfully re-drilled the 5th well “FB-21HOR-ST2” in the Elephant Field, completing and testing…
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Head of the Libyan Administrative Control Authority, Abdullah Qadirbuh, has issued a decree suspending the Oil Minister of the Government of National Unity (GNU), Mohamed Aoun, from work to investigate legal violations, the Authority said on its official Facebook page on Monday.
Saddiq Al-Kabeer, Governor of the Central Bank of Libya, held talks on Sunday with German Ambassador Michael Ohnmacht, which focused on the role of the central bank in “maintaining financial sustainability” and “transparency”.
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.
The World Food Program (WFP) has monitored an increase in the prices of most basic goods, including food commodities in Libya, with significant variations between eastern cities, of the west and south of the country.
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).
Deputy Prime Minister of the outgoing Government of National Unity (GNU) Ramadan Abu Jannah signed a memorandum of understanding on Thursday to enhance cooperation between the Southern Development and Reconstruction Agency and the Qatari Future Peak Company, which specializes in mechanical construction.
A lawyer in Libya has filed a legal challenge against the decision by the Speaker of the House of Representatives,…
Louay Al-Qariou, the spokesperson for the Libyan Investment Authority, clarified that the authority’s investment presence in Egypt is sound, and…
Libya’s Central Bank has instructed commercial banks to implement a decision by the Speaker of the House of Representatives, Aguila…