News

The 82-year-old leader of eastern Libya with his six sons and one daughter sold at face value - Captured by Chad in the Libyan war, fought with the Egyptians against the Israelis ...
While it’s easier to associate Libya’s troubled economy with inflation charts and dwindling oil output, what fails to make headlines are the opportunities lost, the gradual erosion of reform and ...
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 ...
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 ...
The sanctions were introduced in April by Senator Lindsey Graham. They propose a range of penalties against countries importing Russian-origin oil, gas, uranium, or petroleum products.
‎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 ...
Shell plc SHEL and BP p.l.c. BP have signed agreements with Libya's National Oil Corporation (“NOC”) to assess hydrocarbon potential across three major oilfields. This move marks a significant revival ...
BP Plc to reopen office in Libya by 2025, signs agreement with NOC for new exploration opportunities. Shell also involved in ...