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 ...

CAIRO, March 3 (Reuters) - Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the National Oil Corporation (NOC), announced in a ...

CAIRO - Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the National Oil Corporation (NOC), announced in a televised address on Monday ...

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 ...

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.

The U.S. Treasury's Office of Foreign Assets Control announced sanctions against an oil smuggling network running between Libya and Europe ... petroleum products, and other natural resources ...

Libya has launched its first exploration bid round in 17 years as part of a strategy to boost oil production by more than 50% to 2 million barrels per day. The last time the country ran an acreage ...

Gazprom EP International resumed oil production in Libya. The project is expected to get a significant boost. MOSCOW, May 25. /TASS/. Gazprom EP International has resumed crude oil production in ...