Oil prices increased Thursday after their biggest decline Wednesday by close to 6 percent, down to its lowest level in nearly 9 months, specifically since January 2022.
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The Libyan National Oil Corporation (NOC) on Monday attributed decline in oil production to technical issues related to electricity in the Masala and Sarir oilfields.
The Libyan National Oil Corporation (NOC) decided to transfer the headquarters of Zallaf Libya Exploration and Production of Oil and Gas to the city of Sebha in the South, according to its decision No. (83) for the year 2022 published on its official Facebook page.
The the Governor of the Central Bank of Libya (CBL), Saddek Elkaber, discuss the bank’s efforts to “strengthen transparency in the financial sector” with U.S. Assistant Secretary Barbara Leaf during a meeting in Tunis today, according to statement by the U.S. State Department.
Libya’s crude oil production amounted to 1.211 million barrels during the past 24 hours, National Oil Corporation (NOC) has announced.
The National Oil Corporation (NOC) announced Monday that Libya’s production of crude oil amounted to one 1.220 million barrels on Sunday, with an increase of 1,000 barrels compared to the production of the day before.
The Chairman of Libya’s National Oil Corporation (NOC), Farhat Bengdara, and TotalEnergies’ CEO, Patrick Pouyanné, met in Paris today to discuss the French company’s multi-energy strategy and activities in Libya”.
The economic situation in Libya could become better than the current one in the medium or short term, but there are risks deriving from the presence of two governments and fears of new tensions that increase the level of “mistrust”, the World Bank said.
The chief executive of Eni has told the chairman of Libya’s National Oil Corporation (NOC) that the Italian energy group wants to launch new investments to increase the North African country’s gas output, Eni said in statement.
Libya’s oil production decreased by about 1,000 barrels, as the National Oil Corporation (NOC) announced Thursday that the production of crude oil amounted to 1.223 million barrels, while the production of condensate reached 53,000 barrels during the past 24 hours.