NEWS
Multinational - February 25, 2019
Oil futures pulled back on Monday, after US President Donald Trump took to Twitter to slam OPEC about pushing prices higher.
“Oil prices getting too high. OPEC,…
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Back toour markets
Libya Overview
in figures
Oil Reserves48.4 billion barrels
Gas Reserves1.4 tcm
Libya: North Africa's Oil Heavyweight
NEWS
Libya - February 28, 2024
Libya is targeting an increase in oil production of 50% to 2 million bopd within five years and is planning a bid round.
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NEWS
Libya - January 08, 2024
Libya’s National Oil Corporation has declared force majeure at its Sharara oilfield project due to protests, Reuters reported…
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Interview
Saudi Arabia - December 15, 2023
Abdulmuin Alyousef, CEO of Completion Energy, talks to The Energy Year about the company’s strategy to export technologies developed locally and its success in…
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Interview
UAE - December 12, 2023
Atif Arikat, managing director of Al Ghaith Energy, talks to The Energy Year about how energy market dynamics are evolving in the UAE, the company’s strategy for…
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Interview
Saudi Arabia - October 26, 2023
Bassam Bamagous, chairman of the board of Advanced Precision Industrial Services (APS), talks to The Energy Year about the company’s transition from a machining shop…
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NEWS
Libya - August 10, 2023
Saipem has signed a EPCIC contract with Eni worth around USD 1 billion to revamp platforms and facilities on the offshore Bouri gasfield in Libya, the Italian…
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NEWS
Libya - December 25, 2018
Libya has outlined measures to resume output at its biggest oilfield, halted due to violence, the National Oil Corporation (NOC) announced on Monday.
The Sharara…
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NEWS
Multinational - September 17, 2018
Oil prices were slightly up on Monday, as falling supplies in Iran and upcoming trade tariffs put pressure on markets.
West Texas Crude oil futures rose 0.61% to…
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NEWS
Libya - September 11, 2018
Sweet crude prices in the Mediterranean rose on Tuesday after a Monday attack on the Libyan National Oil Corporation, international media reported.
At least two…
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NEWS
Multinational - July 31, 2018
Oil prices traded lower on Tuesday, heading for a sharp monthly decline, as concerns over escalating supply returned to the forefront.
New York-traded West Texas…
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NEWS
Multinational - July 20, 2018
Oil prices traded higher early in Europe on Friday, as comments that Saudi Arabia would reduce exports in August tempered fears of oversupply.
New York-traded West…
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NEWS
Multinational - July 12, 2018
Oil prices rebound on Thursday, with Brent crude gaining more than USD 1 after its biggest one-day drop in two years in the previous session.
Crude Oil WTI…
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NEWS
Libya - July 11, 2018
Libya has lifted force majeure on oil exports from the Ras Lanuf, Es Sider, Hariga and Zuetina ports after they were handed back to the authority of the National Oil…
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NEWS
Multinational - July 10, 2018
Crude oil prices rose on Tuesday amid supply shortages, as Iran vowed to sell as much oil as it could.
West Texas Crude oil futures rose 0.84% to $74.47 a barrel as…
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NEWS
Libya - July 06, 2018
Eni and Libya’s National Oil Corporation (NOC) have started up the Bahr Essalam Phase 2 gas project offshore Libya, the super-major announced on Thursday.
The two…
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