Libya's dinar has plunged to record lows, driven by a sharp decline in oil revenues and escalating political unrest.

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Nevertheless, major oil companies like Eni, OMV, BP and Repsol have resumed exploration activities in Libya, undeterred by ...

“This will help Libya regain its position as a major player in the global energy sector… There is no doubt that the ambitious strategic plan which aims to increase production to 2 million bpd of oil ...

Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy ...

Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil officials said on Monday, adding that deals will involve production ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy Minister Alparslan Bayraktar said. Turkey is in talks to look for oil and ...