Libya’s vast oil reserves have long been a source of both economic promise and political turmoil. While the official oil sector remains under the control of the National Oil Corporation (NOC), a ...

For decades, Libya’s oil industry has been tightly controlled by the state-run National Oil Corporation (NOC), which managed production, exports, and revenue distribution. However, in a dramatic shift ...

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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.

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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 ...

Since 2011, Libya has been in turmoil, facing a divided state, stalled elections, militia control and unsuccessful UN stabilization efforts. Feb. 17, 2025: Thousands ...

The price of Brent crude oil is $72.84 per barrel, and the price of WTI crude oil is at $69.54 per barrel. See the historical price charts and analysis below. See the historical price charts and ...

This is the critical space where entrepreneurs and governments can experiment with new ideas to shift the economy away from its dependence on oil and towards more sustainable sources. Each learning ...

‎Libya’s state National Oil Corporation (NOC) reported today that Mabruk Oil Operations Company resumed production in the Mabruk oil field ...