Oil
- March 17, 2022
Oil prices drop as Libya calls for ramping up production
Global oil prices witnessed a significant decline after futures’ contracts in New York closed 1.5 percent lower after trading in…
Read More » European Union spokesman in the Middle East and North Africa, Luis Miguel Bueno, stressed that Europe will be greatly affected…
Read More »Oil has returned to play a very important pressure card as much as it is extremely dangerous within the current…
Read More »The National Oil Corporation(NOC) lifted the force majeure, and announced the opening of the Rayayna valves and the resumption of…
Read More »The closure of the crude pumping valves from the El Sharara and El Feel fields caused a loss of 330,000…
Read More »- March 6, 2022
Domestic unrest threatens Libya’s oil exports
Global turmoil cast a shadow on the oil market in general, as the ongoing war between Russia and Ukraine led…
Read More » The Libyan Petroleum Facilities Guard (PFG) condemned the closure of the Riayna valve that pumps into Al Zawiya refinery from…
Read More »The United States and a number of European countries called on Libya and some producing countries to increase production to…
Read More »- February 26, 2022
Western embassies in Libya call for leaving NOC out of politics
The embassies of Germany, France, Italy, UK and US in Libya urged in a joint statement on Friday all the…
Read More » - February 10, 2022
Oun: Europe’s gas needs exceed capacity of Libyan production
Oil and Gas Minister Mohamed Oun said that the gas crisis in Europe exceeds Libya’s production capacities, noting that Tripoli…
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