Opec’s surprise oil deal with Libya seen as empty gesture

Opec (Organization of the Petroleum Exporting Countries) appeared to score a diplomatic coup last week by persuading Libya, its most troubled member, to accept...

Libyan-British oil industry cooperation conference proposed

UK ambassador Peter Millett has suggested to NOC chairman Mustafa Sanalla that a conference be held next year in Aberdeen to assess ways in...

Oil prices fall after U.S. drillers add rigs

Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their highest since mid-2015, supported...

OPEC exempts Libya from oil production cuts in 2018

OPEC exempted Libya and Nigeria from oil output cuts in 2018 on the condition that the output limit will be as that reached in...

OPEC, Russia agree oil cut extension to end of 2018

OPEC and non-OPEC producers led by Russia agreed on Thursday to extend oil output cuts until the end of 2018 as they try to...

Mytilineos wins first Libya power plant deal

Greek engineering, procurement and construction company Mytilineos has won its first project in Libya with a $400m deal for a new power plant in Tobruk. The new dual...

GECOL, GE and Metika signed an MoM to install a new...

Powering up Libya: Leadership of GECOL, GE and Metika signed an MoM to erect and install a new power plant in Tobruk, Libya with a...

Tobruk government reaches out to China to transmit solar power to...

Tobruk government reaches out to China to transmit solar power to EU The eastern government of Abdullah Al-Thanni held talks in Bayda on Tuesday with...