Libya Oil Recovery Threatened
The international news agency, Bloomberg, said Tuesday that Libya’s oil production has fallen below 1 million barrels a day for the first time in months as...
oil output
Libya’s Minister of Gas and Oil:” $1.6 billion allocated to the NOC”
Libya’s Minister of Gas and Oil, Mohamed Oun, announced that the country’s oil sector will receive sufficient funding to advance oil facilities and increase its...
CBL: Libyan energy revenue dropped 92% in 2020
Libya’s oil and gas revenue dropped by 92% last year, the central bank said on Wednesday, after most exports were stopped by a months-long blockade...
Mustafa Sanalla: “Libya won’t join OPEC quotas until its output steadies”
Libya will not join OPEC quotas until its production stabilizes at 1.7 million barrels per day (bpd), a Wall Street Journal reporter tweeted, citing the...
Libya’s oil output to rise to 550K bpd –Goldman Sachs
According to investment banking giant Goldman Sachs Inc., Libya’s oil production will rise to 550,000 barrels per day (bpd) by the end of December. Libya’s...
Oil prices fall after OPEC+ agrees to ease output curb
Oil prices fell on Thursday after OPEC and other producers including Russia agreed to ease record supply curbs from August, though the drop was cushioned...
OPEC February oil output sinks on Libyan unrest, cuts
OPEC oil output dropped in February to the lowest in over a decade as Libyan supply collapsed due to a blockade of ports and oilfields and...