Oil revenue

Libya's newly appointed Minister of Gas and Oil, Mohamed Oun announced that the country's oil sector is back on track with Libya's National Oil Corporation (NOC) set to receive 1.6 billion dollars in developmental spending.Minister Oui…

In their scheduled announcement of revenues garnered in February, Libya's National Oil Cooperation disclosed the profits made from the sales of crude oil and its derivatives and revisited the possibility of unfreezing oil revenue funds in…

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.…