Libya has launched its first bidding round for oil exploration in more than 17 years, aiming to bolster its position in the global oil market and achieve a production target of two million barrels ...

Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) said in a statement on Wednesday.

TUNIS, March 3. /TASS/. The National Oil Corporation (NOC) of Libya announced its first tender for exploration of oil and gas fields since 2008. "Twenty-two new onshore and offshore areas" will be ...

Libya’s oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. The Libyan government has officially launched the ...

Oil has reversed course after two sessions of losses, having slipped despite supply disruption from Libya, ING analysts said in a note. The country's output dropped this week by close to half a ...

SIRIUS /federal territory/, November 12. /TASS/. Libya invites Russian companies to cooperate in geological exploration and oil production, Acting Head of the Ministry of Foreign Affairs of the ...

Libya is Africa's second-largest oil producer and a member of the Organization of the Petroleum Exporting Countries (OPEC). Reuters Last Updated : 03 March 2025, 16:41 IST ...