News

Libya continues to lead African countries in proven oil reserves, holding steady at approximately 48.36 billion barrels, a ...
Libya hasn’t merely squandered economic projects; it has discarded the very people who could have delivered them. When figures like Imad Ben Rajab, Faysel al-Gergab, and Hassan Bouhadi were sidelined, ...
The news was revealed by the Tripoli based Libyan Ministry of Oil and Gas on 20 September after Acting Oil and Gas Minister ...
Africa's upcoming oil and gas licensing rounds are set to attract international investment and boost economic growth across ...
Libya filed a diplomatic note with the UN challenging Greece’s hydrocarbon exploration zones near Crete, prompting a response ...
BP (NYSE: BP) expects varied Q2 results due to lower oil prices, higher production, and seasonal demand shifts. Debt ...
The United States has a trade deficit with Iraq, Algeria, Libya and Tunisia, according to the US government, prompting the ...
Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...
‎Libya’s state National Oil Corporation (NOC) reported last Monday (7 July) that BP has confirmed its intention to resume its ...
Oil majors BP and Shell are to assess new hydrocarbon projects in Libya in a potential boost for tanker demand. The two giant companies have agreed a deal with Libya’s National Oil Corp (NOC) to carry ...
BP Plc to reopen office in Libya by 2025, signs agreement with NOC for new exploration opportunities. Shell also involved in ...
BP and Shell will conduct studies for hydrocarbon exploration and development at three Libyan oilfields following an ...