Friday closed down -0.15 (-0.25%), and July RBOB gasoline (RBN25) closed down -0.0221 (-1.08%). Crude oil and gasoline prices ...

Eastern authorities threaten force majeure over key oil terminals • NOC denies export disruption, but internal divisions raise concerns • Oil output reached 1.38M bpd in April, highest in over a ...

The Mediterranean tanker trade faces potential disruption after Libya’s eastern government warned it could shut off exports.

Libya’s attorney general ordered the detention of three people accused of storming the state oil company’s headquarters after ...

Recent militia clashes in Tripoli following the assassination of SSA commander Abdel Ghani al-Kikli highlight the country’s fragile security.

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

TRIPOLI: Libya's Mellitah Oil and Gas Company said on Tuesday Norwegian contractor Borr Drilling's Vali rig will start drilling eight offshore gas wells for the group soon, with the aim of producing ...

Libya’s state National Oil Corporation (NOC) announced yesterday that Mellitah ... The company is scheduled to begin drilling operations soon after the arrival of the Valid Rig, a rig operated by Borr ...

Libya's Mellitah Oil and Gas Company said on Tuesday Norwegian contractor Borr Drilling's Vali rig will start drilling eight offshore gas wells for the group soon, with the aim of producing 160 ...

Libya, claiming territorial rights over the area, demanded that the rig immediately cease its oil-drilling activities. The incident led to heightened tensions between Malta, Libya and Italy ...

The oil rig incident involved what was supposed to be a ‘friendly’ country that had committed to help Malta transform its economy as it transitioned away from dependence on the foreign military base.