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...