NOC Meeting with Statoil Company.

NOC Chairman met in London Director of Statoil Company and discussed aspects of cooperation and means to support the company's participation in sustainable development...

ibya Oil Prices (04/02/ 2018)

Type (Price (US Dolar  Brent 67.590 Dubai 67.060 Urals 66.370 WIT 65.350   OPEC basket 1/2/2018 66.830 4/2/ 2018

NOC meeting with ABB Company.

NOC Chairman met in London Deputy General Manager and CEO of ABB Company and discussed cooperation to carry out the required maintenance of various...

Rising world oil prices will save Libya’s economy from deficit

The rise of world oil prices will save Libya's national economy from deficit, Tariq Al-Jarushi, a member of the Libyan eastern-based House of Representatives,...

Libyan Oil Exports Rise Amid High OPEC Compliance

Back in December we discussed how US oil inventories had been drawn down by a hundred million barrels from their peak last March, channeling...

Protecting NOC Necessary for Libya to Survive

Protecting NOC is necessary for Libya to survive, according to Mustafa Sanalla, the company’s chairman, “NOC is the foundation from which Libya can be...

Libya Makes Small Appearance in Hess’ Capex.

Hess Corporation released its 2018 E&P capital and exploratory budget which amounts to $2.1 billion, the same as 2017.While the majority of the company’s...

NOC chief says investment key to rebuilding Libyan oil flows

OPEC member Libya’s ability to rebuild its oil output will be hindered by constraints on National Oil Corporation’s (NOC) budget, the NOC chief said...

Libya oil chief condemns state capture

The head of Libya’s National Oil Company (NOC) has warned his country’s revival has been put at risk by corrupt politicians and savage militias...

Sanalla says protecting NOC necessary for Libya to survive

Protecting NOC is necessary for Libya to survive, National Oil Corporation Chairman Mustafa Sanalla told an international conference in London today. “NOC is the...