Libya’s National Oil Corporation (NOC) warned on Monday of a “painful wave of closures” after declaring force majeure on exports from…
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Prime Minister Abdul Hamid Dbeibeh had allegedly ordered the arrest of Faisel Gergab, former CEO of the Libyan Post Telecommunications and…
Libya’s National Oil Corporation (NOC) declared on Sunday force majeure on oil production from El Feel. The state-owned oil company…
Tribal and social factions announced on Saturday shut down of the El Feel oil field in Ubari, Fezzan and the suspension of oil and gas production, in addition to exports from the Zueitina oil port in Eastern Libya.
Planning and Finance Minister of the new Libyan government, Osama Hammad, described the National Oil Corporation’s transfer of $6 billion to the account of the Finance Ministry of Dbeibeh’s government at the Central Bank of Libya (CBL) as a violation of the law and all instructions issued by the competent authorities in this regard.
The government of Prime Minister-designate Fathi Bashagha has accused the National Oil Corporation (NOC) of political interference following the latter’s…
The National Oil Corporation (NOC) has transferred eight billion dollars in two installments to the bank account of the Ministry…
Libyan Prime Minister Abdul Hamid Dbeibeh announced on Wednesday the launch of a national plan for the development of the…
German Ambassador Michael Ohnmacht and Governor of the Central Bank of Libya Saddek Elkaber met today at the bank’s headquarters in…
Oil prices rose, in conjunction with decline in production of Russian oil and gas to its lowest levels in 2020.