Sanallah: Libyan oil production dropped to 523,000 bpd

The Chairperson of the Libyan National Oil Corporation (NOC), Mustafa Sanallah, has stated that Libya's oil production has fell almost 70 thousand barrels per day (bpd) due to electric and power issues.On Wednesday, the NOC…

Sabha tribes agree on a three-day ceasefire

The two conflicting tribes of Awlad Sulaiman and Gaddadfah in Sabh have agreed on a ceasefire that will last for three days and will start on Tuesday at 11.00 pm.The truce was reached after the efforts of a committee made up of…

Libyan dinar sees ephemeral recovery as $1 hits LYD5.75

The Libyan dinar has experienced a short-term recovery on Wednesday in the black market making a descend to LYD5.75 for $1 after reaching LYD7.35 for $1 over the last two days.The new recovery comes amidst efforts by the Central…

1400 illegal migrants rescued off the Libyan coast

Italy's coast guard says it has coordinated the rescue of about 1,400 refugees trying to cross the Mediterranean.The coast guard said it had coordinated rescue operations off the Libyan coast earlier on Tuesday as hundreds were in…

Brega oil company to build huge fuel tanks store

The managers at the Brega oil company discussed Monday the final items of the company's project of building a store that will host fuel tanks with a total capacity of 480,000 m2 and 12,600 m2 of liquefied gas.The company said…