The new Tahara oil field in the Hamada area, in the west of Libya, will produce 14,000 barrels of oil per day, announced the Arabian Gulf Oil Company (AGOCO) in a press release.
The Libyan Oil and Gas Ministry denounced the joint statement issued by the embassies of a number of Western countries regarding the National Oil Corporation (NOC), which was supported by the United Nations Support Mission in Libya (UNSMIL).
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Five Western nations urged Libyans on Friday not to drag the state-owned National Oil Corporation (NOC) into political disputes that could threaten the country’s fragile peace.
Oil exports have been halted in four terminals, as severe weather suspended shipping in the Oil Crescent, sources from the National Oil Corporation (NOC) have confirmed.
The price of futures contracts of Brent crude oil for April 2022 delivery gained 2.19% on London’s ICE on Tuesday, reaching $97.48 per barrel, according to trading data as of 04:35 am Moscow time.
Libya’s state-owned National Oil Corporation (NOC) on Monday announced the opening of the Tahara oilfield operated by Arabian Gulf Oil Co (AGOCO) in the Hamada area.
Oil workers threaten to shut down production at an oil export terminal in eastern Libya by the end of February, Argus reported on Tuesday, quoting a shipping source.
Libya’s Oil Minister Mohamed Aoun has accused the National Oil Corporation (NOC) of deliberate disruption of the wireless communications in his ministry, according to a leaked document.
Libya’s National Oil Corporation (NOC) and Italy’s Eni signed on Sunday an extension of the security management system for the memorandum of understanding between the two oil firms, according to a statement by NOC.