Browsing Tag

#Oil

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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