Browsing Tag

NOC

NOC sues American company over a botched deal

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…

NOC calls for the release of PFG salaries

In a letter sent to the Head of the Government of National Accord (GNA) Fayez Al-Serraj, Chairman of Libya's National Oil Corporation (NOC) Mustafa Sanalla called for the immediate release for the delayed salaries of the eastern-based…

Libyan oil and gas revenues plummeted by 92% in 2020

Official statistics have shown that because of the blockade enforced on oil facilities by Haftar forces, Libya's oil revenues decreased by 92% last year, a steep plummet that played a massive role in debilitating the economy by cutting off…

UNSMIL slams efforts to terrorize the NOC

The United Nations Support Mission in Libya (UNSMIL) condemned the recent acts of a certain group to threaten and blackmail the Libyan National Oil Corporation (NOC).In a press release, the UNSMIL stated that the NOC must remain a…

NOC and Akakus oil discuss increasing oil production

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…

Derregia accuses Al-Sarraj of toying with public funds

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…

Outcome of emergency oil revenue meeting

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.…

Make Libyans pay for bombing them

President-Elect Joe Biden has made the much-celebrated decision of having an all-female White House Communications team and named Neera Tanden his pick for the office of Budget and Management.However, Neera Tanden, the president of the…

The brewing war for Libya’s oil revenues

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…

US reaffirms support for the National Oil Cooperation

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…

Armed Militants fail to take NOC headquarters

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…