Brega Petroleum Marketing Company … efforts made to provide oil derivatives

The General Assembly Meeting of Brega Petroleum Marketing Company was held on Wednesday 27/12/2017 chaired by Eng. Mustafa Sanalla Chairman of the General Assembly...

Libyan oil revenues up sharply in 2017, budget deficit halved

Libya earned $14 billion in oil revenues in 2017, nearly three times more than in the previous year, allowing it to halve its budget...

Libya’s NOC says wins arbitration on Ras Lanuf refinery, calls for...

TUNIS (Reuters) - Libya’s National Oil Corp (NOC) said it had won two international arbitration cases against the operator of the 220,000 bpd-capacity Ras...

Explosion Occurs in Pipeline to Libya’s Biggest Oil Terminal

  Libya’s oil industry revival suffered a setback Tuesday after an explosion at a pipeline carrying crude to the OPEC nation’s biggest export terminal. Oil...

Oil pipeline explosion could cause up to 100,000 bpd production loss:...

The National Oil Corporation (NOC) has confirmed news of an explosion yesterday on the Zaggut to Es-Sider oil pipeline without confirming the cause of...

Libya’s oil revenues surge as output recovers

Oil facilities in northern Libya were set ablaze in 2016. Libya's oil revenues have tripled despite political instability. (Credit: AFP) Libya's oil revenues have more...

Libya Triples Oil Revenues In 2017 As Production Recovers

Libya’s oil revenues nearly tripled in 2017 to US$14 billion as the country managed last year to gradually recover its oil production, reaching 1...

Poor Infrastructure Effecting Libya`s Oil Production.

The Chairman of the Arabian Gulf Oil Company (AGOCO), Mohammed Bin Shtwan, has stated that he hopes to end the crisis of power outages...

Oil prices hit fresh highs as market tightens

Oil prices on Thursday hit fresh two-and-a-half year highs and were at levels last seen at the start of the commodity slump in 2014/2015,...

Oil posts strongest year opening since 2014; Iran unrest pushes up...

Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in...