Total says informed Libyan authorities of Marathon Oil deal

French Total said on Wednesday it had informed Libya’s authorities of plans to acquire Marathon Oil’s stake in the Waha field for $4.5 billion even though it believed it did not require their consent. “The deal with Marathon has…

Libya’s NOC: Fixing exploded pipeline takes few days

The National Oil Corporation (NOC) in Libya said in a statement on Sunday that the pipeline operated by Libya’s Waha Oil Co that feeds Es Sider port will take few days top repair and regain about 80.000 bpd of crude.  Libya’s National…

Libya credit cards and Turkish ATMs: A story that never ends

Since the beginning of 2017, the Central Bank of Libya (CBL) has decided to sell families 400 dollars per each member at the official rates (1.4 Libyan dinars per 1 US dollar). From that day on, the story began.  The money allocated for…

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