Libya has declared OMV's 195-million-barrel Essar oil discovery commercially viable, advancing its strategy to revive ...
Libya relies on oil revenue for about 90% of state budget, holds Africa’s largest proven oil reserves | Anadolu ...
Libya has boosted crude production to a 13-year high of nearly 1.5 million bpd and is targeting 2.1 million bpd within three to five years, supported by OPEC's stronger long-term oil demand outlook.
The plan, led by Trump relative Massad Boulos, promises oil investments if rival factions work together.
Libya retained its position as Italy’s largest crude oil supplier during the first four months of 2026, accounting for 26.8% ...
Libya's oil production has been repeatedly disrupted due to ongoing conflicts between various factions since the removal of Muammar Gaddafi in 2011. The latest shutdown has reduced Libya’s oil output ...
Tripoli: Libya s Akakus Oil Operations said Wednesday that it has recorded the highest daily crude oil production rate in July since 2014, reaching ...
Last week, Libya’s GNU announced the lifting of a force majeure on oil and gas exploration activities. TotalEnergies and Eni have expressed interest in resuming operations in the country. Libya’s ...
A significant new oil discovery has been unveiled onshore Libya in the Sirte basin. News of the find is a further boost to ...
The NOC said in a press release it “received official notifications from the Italian company ENI and the British company British Petroleum regarding the lifting of force majeure and the resumption of ...