Tag: Oil

Libyan oil minister says efforts underway to increase oil production to 2 billion b/d

|Date: Thursday, January 26, 2023

Libyan oil minister says efforts underway to increase oil production to 2 billion b/d

Libya is working on increasing its oil production to 2 billion barrels per day both for domestic producti ...

Libya is working on increasing its oil production to 2 billion barrels per day both for domestic production and exports outside the country, Mohamed Aoun, the oil minister of Libya's government of nat ...

Thursday, January 26, 2023
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Libya to raise oil production by 2 million b/d within 3 years, says oil minister

|Date: Sunday, January 8, 2023

Libya to raise oil production by 2 million b/d within 3 years, says oil minister

Libya intends to raise its oil production to 1.5 million b/d in 2023 with plans to scale up to 2 million ...

Libya intends to raise its oil production to 1.5 million b/d in 2023 with plans to scale up to 2 million b/d within 3 years, revealed Oil Minister Mohamed Aoun. ...

Sunday, January 8, 2023
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Oil settles flat, with weekly decline on recession worries

|Date: Saturday, January 7, 2023

Oil settles flat, with weekly decline on recession worries

Oil prices were little changed on Friday as the market balanced a weaker U.S. dollar and mixed U.S. jobs ...

Oil prices were little changed on Friday as the market balanced a weaker U.S. dollar and mixed U.S. jobs reports, but both crude benchmarks ended the first week of the year lower due to global recessi ...

Saturday, January 7, 2023
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OPEC agrees to cancel Libya’s debt

|Date: Tuesday, December 13, 2022

OPEC agrees to cancel Libya’s debt

The Organization of Petroleum Exporting Countries (OPEC) has agreed to write off Libya's accumulated debt ...

The Organization of Petroleum Exporting Countries (OPEC) has agreed to write off Libya's accumulated debts, estimated at 20 million Libyan dinars, Libya's Ministry of Oil and Gas announced on Monday. ...

Tuesday, December 13, 2022
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Oil Minister joins OPEC ministerial meeting via zoom

|Date: Sunday, December 4, 2022

Oil Minister joins OPEC ministerial meeting via zoom

Libyan Oil Minister, Mohamed Aoun, attended the 185th meeting of the Organization of Petroleum Exporting ...

Libyan Oil Minister, Mohamed Aoun, attended the 185th meeting of the Organization of Petroleum Exporting Countries (OPEC) Ministerial Council via Zoom, according to Oil Ministry. ...

Sunday, December 4, 2022
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NOC: Libya’s oil production exceeded 1.2 million bpd

|Date: Sunday, December 4, 2022

NOC: Libya’s oil production exceeded 1.2 million bpd

The Libyan National Oil Corporation (NOC) said Sunday its production of crude oil amounted to 1.210 milli ...

The Libyan National Oil Corporation (NOC) said Sunday its production of crude oil amounted to 1.210 million barrels during the past 24 hours. ...

Sunday, December 4, 2022
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NOC authorizes reactivation of Ras Lanuf ethylene plant

|Date: Tuesday, November 29, 2022

NOC authorizes reactivation of Ras Lanuf ethylene plant

The National Oil Corporation (NOC), Libya's state-owned oil company, has approved the reactivation of the ...

The National Oil Corporation (NOC), Libya's state-owned oil company, has approved the reactivation of the ethylene plant in the industrial complex of Ras Lanuf, in the Gulf of Sirte, after a standstil ...

Tuesday, November 29, 2022
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TotalEnergies finalizes 8.16% share acquisition of Libya’s Waha

|Date: Tuesday, November 22, 2022

TotalEnergies finalizes 8.16% share acquisition of Libya’s Waha

TotalEnergies has completed the joint acquisition with ConocoPhillips of the 8.16% interest held by Hess ...

TotalEnergies has completed the joint acquisition with ConocoPhillips of the 8.16% interest held by Hess in the Waha concessions, in Libya. As a result of this transaction, TotalEnergies’ interest in ...

Tuesday, November 22, 2022
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OPEC: Libya top oil producer in Africa during October

|Date: Monday, November 21, 2022

OPEC: Libya top oil producer in Africa during October

Libya was ranked first among African oil producers for the month of October, with its daily production gr ...

Libya was ranked first among African oil producers for the month of October, with its daily production growing by about 6 thousand barrels per day to around to 1.163 million barrels of oil per day, ac ...

Monday, November 21, 2022
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Dbeibeh’s government: Creating Libyan gas pipeline with Greece is useless

|Date: Thursday, November 10, 2022

Dbeibeh’s government: Creating Libyan gas pipeline with Greece is useless

A gas pipeline connecting Libya to Greece is "useless", according to the Ministry of Oil and Gas of the L ...

A gas pipeline connecting Libya to Greece is "useless", according to the Ministry of Oil and Gas of the Libyan Government of National Unity, led by Prime Minister Abdul Hamid Dbeibeh. ...

Thursday, November 10, 2022
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