Oil prices edged higher on Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the seventh straight week of gains, the longest such streak since 2022, Reuters reported.
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Tripoli – Officials from the interim Libyan Government of National Unity and the Italian embassy met on Thursday to discuss…
Libya’s House of Representatives has overturned a military prosecutor’s order to annex the critical Al Khums commercial port to a…
Libyan Economy Minister Mohamed al-Huwaij met with Ahmed al-Ghazali, Vice President of the American Chamber of Commerce (AmCham) in Libya, the local partner of the organizer of the Energy and Economy Summit, Energy, Capital & Power Company, to be held in Tripoli on November 8-9, 2023.
The Central Bank of Libya has revealed that state spending reached 47 billion dinars in the first seven months of 2023, equivalent to 8.93 billion euros, based on current exchange rates.
The Renewable Energy Authority of Libya (REAOL) has agreed a partnership with the organizers of the Libya Energy & Economic Summit that will highlight Libya’s renewables opportunities and promote better understanding of the sector for international and local investors.
The feasibility of a renewable energy interconnector between Malta and Libya is currently being analysed after a memorandum of understanding was signed between the two countries, Maltese Energy Minister Miriam Dalli said on Monday.
The Libyan Oil Minister, Mohamed Aoun today had the first working meeting with the organizers of the Libya Energy and Economy Summit 2023 to inform them of upcoming initiatives in the energy sector.
The Libyan State’s general revenues from 1 January to 31 July, 2023 amounted to 62.8 billion dinars (about $13.16 billion), according to the Central Bank of Libya (CBL).
Oil prices rose more than a dollar a barrel on Friday to record a sixth consecutive week of gains, after top producers Saudi Arabia and Russia extended supply cuts through September, adding to undersupply concerns, Reuters reported.