Minister of Economy outlines plan to increase non-oil state revenues to...

Mohamed Al-Hweij, Minister of Economy and Trade, has announced plans to reduce the state's reliance on oil sector exports to 40% and increase income...

Bengdara reviews development projects in the south with Repsol Company.

Farhat Bengdara, the Chairman of the National Oil Corporation (NOC), met with the local director of the Spanish company "Repsol," Mikel Arkiaga, on Wednesday...

Libya records biggest monthly increase in oil supplies in Africa.

Libya recorded the biggest monthly increase in oil production in Africa, surpassing Nigeria, the continent's largest producer. Libya's production increase on a monthly basis...

The Corporation and the Ministry of Oil discuss development and exploratory...

A meeting was held this morning, Wednesday, March 6, 2024, at the National Oil Corporation building, between specialists from the technical departments of the...

Bengdara says Libyan oil production is around 1.25 million bpd

The Chairman of the National Oil Corporation (NOC), Farhat Bengdara, said on Tuesday that oil production is currently approaching 1.25 million barrels per day...

American Company Inspects Construction Site of Oil Refinery in Southern Libya.

The American Honeywell-UOP company, along with Zallaf Company, conducted a field visit to the construction site of the South Refinery Project, located southwest of...

Ben Qaddara reviews developments in geophysical surveying in Cyrenaica.

The Chairman of the National Oil Corporation (NOC), Farhat Ben Qaddara, has discussed the latest developments in the geophysical survey of the Cyrenaica surface...

NOC reports $1.7 billion in oil and gas sales for January...

The National Oil Corporation (NOC) announced on Monday that the aggregate revenues accrued from the sales of crude oil, gas, and their derivatives in...

Oil India explores potential return to Libya after 13-year hiatus

Oil India is exploring the possibility of returning to Libya 13 years after withdrawing from the country due to political instability. Ranjit Rath, CEO...

Minister of Oil meets with Expertise France official

The Minister of Oil and Gas, Mohammed Aoun, has received the Deputy Director of Programs at the Expertise France, Mohamed Al-Aswad, to discuss intensifying...