Oil

Libya's National Oil Corporation says production is to resume within hours at the southwestern Sharara oil field after control was retaken from an armed group last month.The militia's blockade had cost the state oil company around $1.8…

Libya’s Sharara oilfield is going to remain shut until armed groups leave the site, the Chairman of state oil company NOC said on Thursday. “NOC is technically ready to lift the state of force majeure at Sharara, but the issue that…

After arriving in the UAE on Monday, the Chairman of the National Oil Corporation (NOC) Mustafa Sanallah met with the Head of the Presidential Council Faye Al-Sirraj and agreed on reopening Sharara oilfield and lifting force majeure.…

The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah said in a video statement late on Sunday that the NOC won't reopen the biggest oilfield in the country "Sharara" because there are still armed militias and lack of…

Four Libyan oil export ports that were closed last week because of bad weather have reopened, a Libyan shipping source and port engineers told Reuters on Sunday.Tankers were docking at the eastern Ras Lanuf, Es Sider, Zueitina and…

The Libyan National Oil Corporation (NOC) said Friday that operations at four oil terminals in the country had been temporarily halted due to bad weather conditions. “Ras Lanuf, Zueitina, Zawiya and Es Sider terminals have all been…

Libya’s oil exports to China this year, totalling $3.5 billion so far, are already more than double last year’s, Libya’s National Oil Corporation (NOC) said on Thursday.NOC Chairman Mustafa Sanallah said during a meeting with…