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Libya Oil Revenue

Libya’s daily oil production drops to 135,000 barrels

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Libya's daily oil production dropped from more than 1.2 million barrels to about 135,000 barrels, Libya's National Oil Corporation (NOC) said in a statement...
Libya's oil

Suspension of Libyan oil exports costs US$2 billion losses

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Libya's National Oil Corporation (NOC) on Tuesday said that the suspension of oil exports because of the closure of oil fields and ports has...
FILE - Smoke rises during a fight between members of the Libyan internationally recognized government forces and Eastern forces in Ain Zara, Tripoli, Libya, May 5, 2019.

U.S. says “concerned” over attack on Libyan seaport

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U.S. Ambassador to Libya Richard Norland on Wednesday expressed concern over Tuesday's east-based army attack on a seaport in the capital Tripoli. ...
Libya's oil

Libya’s oil production drops to less than 125,000 barrels per day

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The suspension of oil exports due to the closure of oilfields and ports has caused Libya's daily crude oil production to drop from more...
oil-gas refinery

Libyan oil corporation closes refinery amid suspension of oil production in southern oil field

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The National Oil Corporation (NOC) of Libya's UN-backed government on Monday announced shutting down a local refinery in western Libya because of the closure...
Libya Oil Revenue

Libyan oil production less than 300,000 barrels per day

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Libya's state-owned National Oil Corporation (NOC) on Sunday said the country's daily crude oil production has dropped from more than 1.2 million barrels to...
petroleum revenue

Libyan oil export suspension incurs loss of US$250 million

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Libya's state-owned National Oil Corporation (NOC) on Saturday said the suspension of oil exports due to a closure of oil ports and fields has...
oil-gas refinery

U.S. voices concern over suspension of oil exports in Libya

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The U.S. Embassy in Libya on Tuesday expressed concern over the suspension of oil exports due to the closure of oil ports and fields...
Oil drilling in WCTP block 2

Oil prices decline amid concerns over weaker demand

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Oil prices fell on Tuesday as traders worried about a global economic slowdown, which could weaken energy demand. The West Texas Intermediate...
oil-gas refinery

Libya’s oil revenue tops US$20 billion in 2019

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Libya's state-owned National Oil Corporation (NOC) said on Monday that the country's oil revenues in 2019 exceeded 20 billion U.S. dollars. "NOC's...
Islamic State jihadists

Libyan oil field under serious IS loyalists attack

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Militants loyal to the Islamic State (IS) group continued their assaults on Libya's southern oil field al-Ghani on Saturday, killing at least 11 guards,...