Oil, Gas & Mining

17-04-2014
New data from the National Oil Corporation (NOC) shows the scale of the decline in oil exports from terminals in central and eastern Libya over the past nine months.
16-04-2014
Local residents demand that production return at the Sharara oil field in south-west Libya, which has been regularly disrupted since the start of the year.
16-04-2014
Some 900,000 barrels of crude oil, the first shipment from the Tobruq port in eight months, has been loaded succesfully.
16-04-2014
New National Oil Corporation (NOC) figures also suggest that average production fell below 600,000 bpd between July and November last year as a result of port closures.
16-04-2014
The National Oil Corporation (NOC) says it is planning to commission studies on for six new projects, including refineries and improvements to existing petrochemical complexes.
15-04-2014
The Aegean Dignity is expected to load a shipment of oil today from the recently reopened port of Hariqa in Tobruq, but the Zueitina terminal remains closed.
14-04-2014
The Arabian Gulf Oil Company (AGOCO), a fully-owned subsidiary of the National Oil Corporation (NOC), has made a new find in the Sirte basin of central Libya.
14-04-2014
Motorists have been forming long lines to buy fuel, despite efforts from the National Oil Corporation (NOC) to reassure residents over supplies.
14-04-2014
Libya’s Attorney General, Abdulqadir Radhwan, has defended the decision to release the Libyan crew members of the vessel that was used in a bid to sell oil from a port under rebel control.
11-04-2014
Two oil tankers are reportedly set to load oil from the recently reopened port within the next week, while the OPEC chief says he expects output to reach one million barrels per day (bpd) by mid-June.
11-04-2014
The head of the Petroleum Facilities Guards (PFG) has told local media he was not involved in talks to reopen oil terminals, and expressed dissatisifaction with aspects of the agreement.
10-04-2014
The National Oil Corporation (NOC) says it has lifted the state of force majeure imposed on the Hariqa oil port in Tobruq, but it remains in place on three other terminals.
10-04-2014
An official at the oil and gas ministry says that despite an agreement to reopen ports, force majeure will not be lifted until security can be guaranteed.
10-04-2014
The National Oil Corporation (NOC) says Algeria’s Sonatrach and its partners have made another gas discovery in the Ghadames basin of western Libya.
09-04-2014
The National Oil Corporation (NOC) has issued a decision appointing a new board member for Waha Oil, which is part-owned by US firms.