Libya has assigned new oil and gas exploration rights to foreign firms, aiming to revamp the sector after years of civil strife. The country’s National Oil Corporation (NOC) announced the results of ...

Libya spent over one billion dollars on imported fuel in May alone, with the National Oil Corporation contracting 17 tankers ...

With more than 40 companies having now registered their interest in Libya’s first oil field licensing round since the removal of Muammar Gaddafi as leader in 2011, the National Oil Corporation (NOC) ...

Add Yahoo as a preferred source to see more of our stories on Google. A general drone view shows the Nafoora oil field in Jakharrah (Reuters) - Libya's latest oil shutdown has pushed up global energy ...

Libya's oil production has been repeatedly disrupted due to ongoing conflicts between various factions since the removal of Muammar Gaddafi in 2011. The latest shutdown has reduced Libya’s oil output ...

Libya is launching a strategic plan to rejuvenate its oil and gas sector, aiming to increase oil production from 1.2 million bpd to 2 million bpd in three to five years. To attract foreign investment ...

In Zawiya, home to one of the oil-rich country’s biggest refineries, rival gangs clash over the trafficking of fuel and commercial goods into neighbouring Tunisia. View on euronews ...

A political standoff in Libya risks once more paralyzing the north African country's lucrative oil sector. But the frequency of its power tussles and crude disruptions have left long-term oil price ...

Kpler, a company specializing in energy and commodities market analysis, has predicted a significant boost to Libya's ...

The NOC said in a press release it “received official notifications from the Italian company ENI and the British company British Petroleum regarding the lifting of force majeure and the resumption of ...

Zawiya refinery shut down in 'precautionary measure' as emergency declared following explosions and gunfire nearby.