Reuters has reported that the production of the Sharara Oil Field is set to reach 40,000 barrels per day as soon as the resumption of work begins, following the lifting of the force majeure.
Read moreThe Libyan National Oil Corporation (NOC) has announced it is lifting force majeure on Sharara oilfield, the country’s largest oil producer, after reaching an (a honor agreement) with pro-Haftar Petroleum Facilities Gu
Read moreAmbassadors of several European Union countries reiterated Saturday to the Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah their full support for the NOC to regain oil production rates as before
Read moreThe governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabir warned Tuesday of a financial collapse due to the increased general debt of the state.
Read moreThe Sarir Oil Refinery has reached its full production capacity since it opened on 29 September, following the National Oil Corporation (NOC) announcement regarding lifting the force majeure on the oil fields and ports
Read moreThe Libyan Businessmen Council (LBC) has denounced the UN mission’s action regarding the economic dialogue committee to be formed during the coming period.
Read moreThe Arabian Gulf Oil Company (AGOCO) announced on Friday, the initiation of pumping of crude oil from the Hamada Oil Field to the Zawiya Station, to then be transferred to the Zawiya Refinery in north western Libya.
Read moreAn oil tanker stands by to ship around 750 thousand barrels of crude oil from the Sidra port, after an eight-month hiatus, due to the illegal closure imposed by Haftar's militias last January.
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