Libya’s vast oil reserves have long been a source of both economic promise and political turmoil. While the official oil ...

Tripoli's vast oil reserves, managed by the National Oil Corporation (NOC), have become a focal point for illicit activities, ...

Brega Oil Marketing Co. has successfully launched an aviation fuel supply point at Ubari Airport, a move aimed at bolstering ...

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 ...

Gaddafi's huge fortune was made possible by Libya’s oil. The country has the largest proven oil reserves in Africa, with crude production forming more than 90% of export revenues. At its peak in ...

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 ...

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 ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

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’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 ...