NOC

Libya's Oil and Gas Minister, Mohamed Oun, stated that as the country stabilizes, it will take two to three years for Libya to raise its average oil production levels to 2 million barrels per day.Things settled as soon as Libya emerged…

Libya's National Oil Corporation welcomed statements made by the United Nations Support Mission in Libya (UNSMIL) regarding the closure of the Hariga oil port and the declaration of force majeure.In a statement on their official…

Due to a lack of sufficient funds, the Sirte Oil Company (SOC) declared that it would be unable to continue producing oil, resulting in a 72-hour production halt. This was revealed in a letter from the company's Chairman of the Board of…

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…

Libya's National Oil Corporation (NOC) declared a state of force majeure as of April 19 on Al-Hariga oil port and ceased all production and export of crude oil shipments through the port.According to a statement issued by the NOC, the…

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…

The chairman of Libya's National Oil Corporation (NOC) took part in the 40th meeting of the Ministerial Council of the Organization of African Petroleum Producing Countries, which was held via videoconference.The virtual meeting was…

The Chairman of Libya's National Oil Corporation, Mustafa Sanallah held a meeting with the United Kingdom's ambassador to Libya Nicholas Hopton, in which they discussed the enhancement of economic cooperation and better partnerships in…

The Paris Court of Appeals announced that Libya's National Oil Corporation (NOC) is the winner of an arbitration case against the Libyan Emirates Oil Refining Company (LERCO) in regards to the Ras Lanuf Refinery.In an official statement…

Libya's National Oil Corporation (NOC) this week released their revenues for January from the sales of crude oil, gas, condensate, petroleum and petrochemicals products.In total, the revenues reached $1,409,093,619.13 US dollars, the…

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 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…

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…

Libyan Oil Company, Waha Oil has announced the reopening of the largest oil pipeline after continued disruptions in production that reduced output to its lowest levels in months.The pipeline is responsible for transporting crude oil to…

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…

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…

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…

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…

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,…