national oil corporation

The UN Support Mission in Libya is concerned about the recent shutdown of oil production at Al-Hariga oil port, as well as signs that further shutdowns could be on the way.In a press released, UNSMIL stressed that the uninterrupted…

The Libyan oil company, Waha Oil announced that it is preparing to recommence the second stage of its El-Farag gas field development.The first stage of the project was restarted in November after the end of the country's oil production…

Libya's National Oil Corporation (NOC) is suing an American based armoured vehicle maker for failure to deliver one of its most highly-protected models to Tripoli by the assigned date.The lawsuit is for 400,000 US dollar against Alpine…

In an interview of with The Times, the chairman of Libya's National Oil Cooperation (NOC) Mustafa Sunalla stated that the company is in the process of opening an office in London to increase North African state's production.Sunalla…

Libya's National Oil Corporation announced that revenues of Libyan Oil and Gas exceeded a billion dollars in December of 2020.In an official statement, the NOC announced that revenues for December reached record levels with revenues…

The Libyan National Oil Corporation (NOC) announced yesterday that it had acquired the Norwegian Yara’s 50% stake in the Libyan-Norwegian for Fertilizers Company.“By the grace of God whom we thank, on Thursday 31/12/2020, the National…

Chairman of the Libyan National Oil Corporation Mustafa Sanalla met with the chairman of management operations, Ahmed Ammar in Akakus Oil to discuss increasing production rates.According to a statement issued by the NOC on its social…

The head of the National Oil Corporation, Mustafa Sanalla met on Sunday with the United Kingdom Ambassador to Libya, Nicholas Hopton, and his accompanying delegation.According to a statement issued by the NOC on its official website,…

The Central Bank of Libya's divided board of directors held a preliminary meeting for the first time in six years to address the exchange rates and ongoing financial crisis in the country.In an official statement, the CBL reported that…

The former chairman of the Libyan Investment Authority (LIA), Dr. Mohsen Derregia, revealed that the head of the Presidential Council Fayez al-Sarraj has established an oil company in London this past May that's run by the head of marketing…

In a press release, the Presidential Council of the Government of National Accord (GNA) said that the meeting addressed the consequences of freezing the oil revenues and that the best interest of the Libyan people was put above all else.…

In an official letter directed towards the country's top financial and economic officials, the prime minister of the Government of National Accord (GNA)  Fayez al-Sarraj has called for an emergency meeting to address the frozen oil revenues…

In a scathing video statement on the National Oil Cooepraton's official website, the head of the cooperation launched a verbal attack on the governor of the Central Bank of Libya (CBL) Sadiq al–Kabir, criticizing his financial policy and…

Recently, the National Oil Cooperation has taken the unexpected step of denying the Central Bank of Libya access to any oil revenue, the move was stated to be for the sake of guarding the country's oil recovery and the protection of the…

In a statement from the US Embassy in Libya, the United States renewed its support for the NOC and commanded the Petroleum Facilities Guard (PFG) for their swift and disciplined response to the surprising attack.The statement also…

The National Oil Corporation confirmed that there was an armed attempt to storm the oil company's headquarters in Tripoli, Monday, November 23rd.In a statement, the NOC said that unknown armed forces attempted to force their into the…