NOC

Libya's National Oil Corporation (NOC) of Libya Sunday said that the country's oil and gas revenues in October have increased by 21 percent from September. The NOC reported that in October 2019, the revenues reached approximately 2.2…

Within the framework of the National Oil Corporation (NOC)'s plan to increase production rates and to implement the targeted programme of work within the framework of the approved extraordinary budget, Arabian Gulf Oil Company (AGOCO) has…

Brega Petroleum Marketing Company (BPMC), a subsidiary of National Oil Corporation (NOC), condemns attempts at intimidation of its employees by an illegitimate parallel board. "Staff in Benghazi were on Wednesday forced to sign…

The chairman of Libya’s National Oil Corporation (NOC) Mustafa Sanalla, met key US officials in Washington DC. During the meeting, Dr. Jamal Houwaisa, principle advisor to the NOC Board, presented the corporation’s strategy to increase…

Libya's internationally recognised Government of National Accord said on Wednesday it was sharply increasing the price of kerosene for industrial and commercial use as a first step to reform costly fuel subsidies and tackle smuggling.…

Libya's oil revenues reached 22.7 billion Libyan dinars ($16.09 billion) in the first nine months of the year, the Central Bank of Libya said on Wednesday. The Tripoli-based CBL listed total government spending for the same period at…

Libya's Presidential Council of the Government of National Accord said it had allocated 1.5 billion Libyan dinars ($1.06 billion) for the National Oil Corporation (NOC) to maintain oil production in 2019-2020, according to a resolution…

The United Nations Support Mission in Libya (UNSMIL) said it is alarmed by indications that parallel, unrecognized authorities in Libya are threatening the operation and management of Libya's National Oil Corporation (NOC) and its…

Libya’s National Oil Corporation (NOC) said on Wednesday that August revenues dropped to around $2 billion, a 5% decline from July. The company attributed the drop to the sabotage of the main pipeline of the El Sharara oil field and…

The National Oil Corporation (NOC) chairman Mustafa Sanalla received, Moehammad Amar Ma’ruf, Indonesian Chargé d’Affaires to Libya, on September 29, 2019, to discuss potential areas for practical collaboration and development of the oil…

The Government of the United Arab Emirates and the Ambassadors and Chargés d’ Affaires of France, Germany, Italy, the United Kingdom, and the United States of America issued a joint statement on Sunday to back up the legitimacy of the…

Libya’s state oil firm National Oil Corporation (NOC) said armed men had opened fire on Friday at the headquarters of a wells drilling and maintenance unit in the capital. NOC said in a statement that two masked men had stormed the…

The National Oil Corporation (NOC) is a national institution working for the benefit of all Libyans. The NOC said on Friday that it rejects any attempt to portray it as a participant in the war, or supportive of any side of the ongoing…

Libya's east-based Al-Bayda oilfield has halted work due to pipeline maintenance work, field engineers said on Wednesday. The oilfield pumped until the closure around 7,000 barrels a day, forcing state oil firm AGOCO, part of National…

The revenue of the Libyan National Oil Corporation (NOC) registered a 23% month-on-month leap to stand at USD2.1 billion during the seventh month of this year. NOC said in a statement that this boost is driven by a hike in the volume of…

The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah has met with the deputy head of the UNSMIL for political affairs Stephenie Williams. UNSMIL said Saturday on Twitter that Williams and Sanallah had discussed the…

The National Oil Corporation (NOC) and Italian oil major Eni announced the completion of Phase 2 of the Bahr Essalam offshore gas project, a joint venture between the two companies operated by NOC subsidiary Mellitah Oil & Gas Company…

The National Oil Corporation (NOC) announced Wednesday the reinstatement of force majeure on crude oil loadings at Zawiya port commencing Tuesday, July 30, 2019. "This decision was prompted by a new illegal Sharara pipeline valve…

Reuters has reported that a valve was shut at Sharara oilfield in Libya and led to the halt of oil pumping to Al-Zawiya port.  This is breaking news story, more details to follow. 

A senior delegation from Libya's National Oil Corporation (NOC) visited China at the invitation of the country’s leading oil major China National Petroleum Corporation (CNPC) to discuss investment and enhanced cooperation opportunities…