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National Oil Corporation

National Oil Corporation latest

Libya’s total oil production currently stands at around 1.17m bpd, according to Bloomberg. (Shutterstock)
March 15th, 2019 - 06:43 GMT

Libya’s High Oil Production Puts Pressure on OPEC Deal

Libya’s oil output is steadily increasing in March, as the production from the country’s largest oil field El-Sharara resumed last week, lifting the North African nation’s total production to an estimated 6-year high.
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One of Libya's most important oil fields is set to reopen nearly three months after it was taken over by an armed group. (Shutterstock)
March 6th, 2019 - 11:39 GMT

Libya to Reopen Major Oil Field After Being Captivated for 3 Months

The NOC said that a state of emergency had been imposed at both ports. (Shutterstock)
July 3rd, 2018 - 11:03 GMT

Political Turmoil Results in Libya Oil Exports' Suspension

French President Emanuel Macron has urged Libya to hold its elections on the determined time to save its mediation efforts in Libya from collapsing. (AFP/ File)
June 19th, 2018 - 04:01 GMT

France Urges Libya to Hold Elections on Time to Save Mediation Efforts

A member of the Libyan army stands on a tank. (AFP/File)
March 4th, 2017 - 10:00 GMT

Armed militants overrun Libya’s main oil port

A general view shows a tug boat sailing near the Malta-flageed Seadelta oil tanker off the coast of Libya's eastern Ras Lanuf port on September 19, 2016. (AFP/Stringer)
September 21st, 2016 - 02:30 GMT

Libyan militias loyal to UN-backed government seek air embargo on oil crescent

Libya's UN-backed Prime Minister-designate, Fayez al-Sarraj meets with members of the presidential council on March 31, 2016 in the capital Tripoli. (AFP/Mahmud Turkia)
April 5th, 2016 - 02:30 GMT

UN envoy to Libya meets with unity government in Tripoli

Al Bawaba
January 5th, 2016 - 02:05 GMT

Daesh resumes attacks on Libyan oil port: officials

Libya plunged into chaos following the 2011 uprising that toppled longtime dictator Muammar Gaddafi. (AFP/File)
December 15th, 2014 - 02:26 GMT

Libya’s two largest oil terminals to be shut down due to clashes

Oil accounts for 95 percent of state revenue in Libya and 65 percent of the country's Gross Domestic Product (GDP)
September 28th, 2014 - 04:49 GMT

With $100 billion in foreign reserves: is Libya's central bank monopolizing the country's economic potential?

 Libya's return to the market has hit oil prices, which slumped to a four-month low in London on Monday before recovering in Asian trade on Tuesday.
August 20th, 2014 - 07:41 GMT

Despite being on the brink of collapse, Libya is slowly returning to oil production

New York crude had struck $112.24 a barrel at the end of August, which was the highest level for more than two years.
September 15th, 2013 - 06:49 GMT

Oil prices eased by ongoing Syria talks

Libyan oil authorities are investigating the cause of blast that occurred on Tuesday night. (FIle Photo)
April 4th, 2013 - 10:47 GMT

Libya launches investigation in to oil pipeline blast

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