Browsing Tag

NOC

Libya’s oil revenue experiences 23% hike

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…

Libya’s NOC says Sharara oilfield is losing 290k bpd

The Libyan National Oil Corporation (NOC) has confirmed that 290.0000 bpd of oil production at the Sharara oil field is currently offline. "NOC teams are investigating a suspected closed valve/valves in the Hamada area." The NOC said…

Libya’s state oil firm says May revenues hit $2.3 billion

The Libyan National Oil Corporation (NOC) said Thursday that it had recorded May income of 2.3 billion USD from sales of crude oil and derived products, in addition to taxes and royalties received from concession contracts - a monthly…

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