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…

Libya’s NOC reopens Sharara oilfield

Libya's National Oil Corporation says production is to resume within hours at the southwestern Sharara oil field after control was retaken from an armed group last month. The militia's blockade had cost the state oil company around $1.8…

Libya’s Central Bank relaunches $500 family grant

The Central Bank of Libya (CBL) said in a statement on Wednesday that it is going to resume the $500 grant for every family member in the country starting from next Sunday. The CBL explained that the delay has been caused by the…

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