Libya’s state oil firm says May revenues hit $2.3 billion

The Libyan National Oil Corporation (NOC) said Thursday that it had recorded May income of 2.3 billion USD from sales of crude oil and derived products, in addition to taxes and royalties received from concession contracts - a monthly…

Reports: UK used 17 million pounds from Libyan frozen assets

The UK government has collected £17m on over £10bn of assets linked to Col Gaddafi which are frozen in the UK، British press has reported.  The information has been revealed in a report by the Northern Ireland Affairs Committee which…

Libya’s National Oil Corporation opens office in Houston

The Libyan National Oil Corporation (NOC) inaugurated its first international headquarters in Houston Friday. The new office has been mandated to lead a 60 billion USD procurement drive to upgrade Libya’s oil and gas sector and increase…

Head of oil workers’ union kidnapped in eastern Libya

The Libyan National Oil Corporation (NOC) called for the safe return of Saad Dinar, the head of the Oil Workers’ Union, taken from near his home on the evening of April 29, 2019, by an armed group in Suluq, eastern Libya. "NOC is…

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