The Prime Minister-designate of Libya, Fathi Bashagha, announced on Monday a three-item roadmap where he committed to recovering the country after a period of corruption and missed opportunities. The roadmap entitled “The Roadmap to Recovery” indicates three main points, represented in “holding free and fair pre…

The Minister of State for Economic Affairs and the head of the committee formed to study the mechanism of replacing direct fuel subsidies with cash subsidies held a meeting today, Tuesday, in the presence of the Minister of Local Government, Badr Al-Din Al-Sadeq Al-Toumi, the Undersecretary of the Ministry of Econo…

Today, Monday, the Brega Petroleum Marketing Company’s management committee held its sixth regular meeting for 2022 with the chairman and members of the monitoring body assigned by the National Oil Corporation, in the presence of the Chairman of the Management Committee Ibrahim Abu Breda and member of the Managemen…

Indonesia’s Medco Energi has initiated international arbitration at the International Criminal Court by filing a case against the National Oil Corporation to enforce its contractual rights under the Exploration and Production Sharing Contract as well as to protect its right to benefit from its investments in Libya….