Senior representatives of the National Oil Corporation (NOC) and the National Energy Services Reunited (NESR), an American energy firm, met in Tripoli yesterday to discuss cooperation in oil exploration and drilling, NOC said.
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The Libyan Investment Authority (LIA) signed a memorandum of understanding with Enterprise Greece, the official investment agency of the Greek state, to cooperate on investment and renewable energies, according to a statement by the LIA.
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Libyan Prime Minister, Abdul Hamid Dbeibeh, has approved the construction of an oil refinery and cooking gas plant at Sharara field in Ubari town in the Southern region (Fezzan), according to Hukomatuna platform of the Government of National Unity (GNU).
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Press sources revealed that Turkey activated the banking memorandum of understanding signed between the Central Bank of the Republic of Turkey (TCMP) and the Central Bank of Libya (CBL) last August.
The Libyan National Oil Corporation (NOC) announced that the net revenues for the month of August for the year 2021 from sales of crude oil, gas, condensates, petroleum products and petrochemicals reached record levels, driven by a recovery in prices around the world, where the level of crude oil reached 1,836,528,515.27 dollars, followed by gas and condensates, which reached 53,034,403.37 dollars.
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Crude oil prices held steady at 78.03 on Thursday after rising above $80 a barrel this week.
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Libyan Oil Minister, Mohamed Oun, called on U.S. companies to come back to Libya to help it raise output rapidly, according to Bloomberg.
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Deputy Oil Minister Rifaat Al-Abbar has submitted his resignation to Prime Minister Abdul Hamid Dbeibeh, according to the Libyan government press office.
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Hunter Biden, the son of U.S. President Joe Biden, requested an annual retainer of $2 million in exchange for recovering billions in Libyan assets frozen by the Obama administration, a report by Business Insider reveals.
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Prime Minister of the Libyan Government of National Unity (GNU), Abdul Hamid Dbeibeh, has issued a decree nullifying the decree of the Oil and Gas Minister, Mohamed Oun, to suspend the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla.
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