International oil companies are exploiting lax security for better contract terms
Libya's Oil and Gas Minister, Mohammed Oun, has accused some international oil companies (IOCs) operating in Libya of taking advantage of lax security in...
NOC announces start of operation of the first methanol plant after...
The National Oil Corporation (NOC) has announced the start of operations at the first methanol plant of the Sirte Oil and Gas Production and...
Sirte Company announces that its production has reached 93,500 crude oil...
The Sirte Oil and Gas Production and Manufacturing Company was able to achieve a rate that it had not reached since the year 2021,...
Finance Ministry signs three agreements with African Development Bank.
During a meeting with a high-level delegation from the African Development Bank (AfDB), the Minister of Finance of the Government of National Unity, Khalid...
Misurata Free Zone signs MoU with China Harbour.
The Misurata Free Zone has signed a memorandum of understanding with China Harbour Company to study potential investments in infrastructure projects.
The parties inked the...
Libyan Minister of Economy discusses activating 2008 agreement with Italy
The Libyan Minister of Economy, Mohammed Al-Huweij, discussed with the Italian Ambassador to Libya, Gianluca Alberini, aspects of cooperation in the fields of economy...
Energy Committee of Libyan HoR reviews with NOC Chairman plan to...
The Chairman and members of the Energy Committee of the House of Representatives (HoR) held a meeting Sunday with the Chairman of the National...
Germany proposes support in resuming operations in Libya’s closed factories
The Chargé d'Affairs of the German embassy to Libya, Sven Crosby, offered his country's assistance in reactivating some of the closed factories in Libya,...
Italian company wins a $217 million contract to install compression unit...
The Italian Antonini Group has won a $217 million contract to construct the Sabratha platform compression project.
Under this contract, the company will build a...
Libya’s oil output surpasses 36 million barrels in August
Libya’s crude production amounted to 36,517,121 barrels per day (bpd) last month, a National Oil Corporation bulletin said on Friday.
The NOC noted that petroleum...
