10 days of oil blockade cost Libya over $502 million

Total losses from the closure of Libya’s major oil fields and production facilities has accelerated, reaching more than $502 million over a 10-day period, the country’s National Oil Corporation (NOC) said Tuesday. The oil closures came…

Angola retrieves $5 billion in stolen assets

Angola’s Justice Minister Francisco Queiroz has said the country has so far this year recovered more than five billion dollars stolen from state coffers, both at home and abroad. The money, including three billion dollars stolen from the…

Libya: AGOCO increases Nafoura oilfield production capacity

Within the framework of the National Oil Corporation (NOC)'s plan to increase production rates and to implement the targeted programme of work within the framework of the approved extraordinary budget, Arabian Gulf Oil Company (AGOCO) has…

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