Libya has launched its first bidding round for oil exploration in more than 17 years, aiming to bolster its position in the global oil market and achieve a production target of two million barrels ...

"We will unfortunately close all oil facilities," the Petroleum Facilities Guards (PFG) said in a video statement aired by broadcaster Libya al-Ahrar. "If our demands are not met, we will take the ...

According to the Chairman of Libya’s National Oil Corporation, Masoud Sulaiman, Libya plans to increase its oil output from 1.4 mb/d currently to 2 mb/d in 2028. However, ramping output to that ...

After a pause of almost 17 years, Libya is preparing to host a bidding round for oil exploration. The announcement was made in a televised address on Monday by the acting Chairman of the National Oil ...

Services in Libya are also being provided to Eni Gas BV Libyan Branch as well as for Agip Oil. Egypt Crosco has ... two well program is on the East Yidma concession, Alamein Sub-Basin, in the ...

DUBAI, March 12 (Reuters) - Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU ...

Since the ousting of longtime dictator Moammar Gadhafi in 2011, Libya’s oil sector has been unstable amid political unrest ...

SIRIUS /federal territory/, November 12. /TASS/. Libya invites Russian companies to cooperate in geological exploration and oil production, Acting Head of the Ministry of Foreign Affairs of the ...

Tripoli: Libya's National Oil Corporation (NOC) announced on Wednesday the resumption of production at Al Mabrouk oil field after a 10-year hiatus. The NOC stated that production at Al Mabrouk ...

(Bloomberg) -- Libya launched its first tender for energy exploration since before the 2011 civil war, as the OPEC member seeks to lure back oil and gas majors following years of political instability ...

Libya’s Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity said in a statement on Wednesday.