Libya Needs $3-4 Billion to Boost Oil Production, Bidding Round Expected Soon, Oil Minister Says
Libyas Acting Oil and Gas Minister Khalifa Abdulsadek and OPEC Secretary General Haitham Al Ghais shake hands during the Libya Energy & Economy Summit, in Tripoli, Libya January 18, 2025. Wedoany.com...
More Than 100 Million Cubic Feet of Natural Gas Produced by Sirte Oil for the First Time: NOC
Wedoany.com Report-Jan 16, Libya’s state National Oil Corporation (NOC) announced last Tuesday (14 January) that Sirte Oil and Gas Production and Manufacturing Company has achieved an important...
Repsol Resumes Exploration Drilling in Libya After a 10-Year Hiatus
Wedoany.com Report-Jan 3,Libya’s state National Oil Corporation (NOC) reported yesterday (31 December 2024) that Spanish oil company Repsol has resumed exploration activity in the Murzuq Basin a...
Libya’s Oil Production Surpasses Annual Target
Wedoany.com Report-Dec 31,The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an additional 52,633...
Major Libya Oil Refinery Halts Operations Due to Clashes
Wedoany.com Report-Dec 18,A major oil refinery in Zawiya, western Libya, ceased operations yesterday following clashes between local armed groups that caused fires in several storage tanks. The Nation...
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Wedoany.com Report-Dec 14,Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil supply in 2025. ...
OPEC Daily Crude Output up 0.5% in Nov.
Wedoany.com Report-Dec 13,Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to average 26.66 millio...