The National Oil Corporation (NOC) on Monday declared force majeure on another oilfield affected by recent forcible shutdowns by protestors…
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Libya’s National Oil Corporation (NOC) warned on Monday of a “painful wave of closures” after declaring force majeure on exports from…
The government of Prime Minister-designate Fathi Bashagha has accused the National Oil Corporation (NOC) of political interference following the latter’s…
Libyan Prime Minister Abdul Hamid Dbeibeh announced on Wednesday the launch of a national plan for the development of the…
Oil prices dropped by $4 a barrel on Monday, with Brent crude tumbling below $100 on plans to release record…
Chairman of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, discussed with Acting Chairman of Waha Oil Company, Anwar al-Shahloul, the mechanism of rationalization in spending in line with the Corporation’s priorities represented in the safety of workers and then maintaining and continuity of production rates, ensuring the application of law and strengthening the principle of transparency and good governance followed by the Corporation and its subsidiaries.
The Libyan Union of Oil and Gas Workers rejected on Saturday transferring the country’s revenues of oil exports to the…
Libyan Oil Minister Mohamed Aoun has rejected proposals for the management of oil revenues until current disputes are resolved in…
The Libyan Union of Oil Workers issued a statement Saturday rejecting the request of the Chief of the Audit Bureau, Khaled Shakshak, for the National Oil Corporation (NOC) to transfer oil revenues to the government of Abdul Hamid Dbeibeh, describing Shakshak as a usurper of the position of the Bureau chief.
Oil prices steadied in volatile trade on Tuesday as growing worries about coronavirus demand destruction offsets supply concerns as the…