Yesterday, Mitiga International Airport resumed air traffic after a two-hour suspension due to a shelling. In a statement published yesterdad on its official Facebook page, the airport’s administration confirmed the landing of several shells on the airport simultaneously with the depa…

Today, oil fell to below $57 a barrel, pressured by concerns over the impact of the coronavirus outbreak in China on oil demand and a lack of any further action by OPEC and its allies to support the market. Brent crude LCOc1 was down $1.04 at $56.63 a barrel by 09:40 GMT. The contract had rallied in the previou…

As far as current fuel situation is concerned, National Oil Corporation confirms a drop in production as a result of the blockade of ports and pipelines to the current level of 135,745 barrels per day, as of Monday February 17, 2020, with losses exceeding 1 billion USD at 1,616,886,132 USD. NOC also stated that …

In a statement issued yesterday by Libya’s National Oil Corporation, Zallaf Oil and Gas Exploration and Production Company, a subsidiary of NOC, opened a new operations office in Awinat on Sunday February 16, 2020, in order to follow up on the development of the Erawin field adjacent to the city. NOC stated tha…