Libyan exports appear to be restarting following the appointment of a new chairman to state-owned National Oil Corp. (NOC).
Eni’s CEO Claudio Descalzi has held talks with the head of the Government of National Accord (GNA) Fayez al Sarraj and the chairman of the National Oil Corp. (NOC) Mustafa Sanalla.
Crises are proliferating in Libya, with the conflict continuing to rage despite high-level assurances of ceasefires in response to the coronavirus pandemic.
Libya’s National Oil Corp. (NOC) has reported revenues of $555 million in February, down 68.6% from January’s $1.21 billion.
Libyan oil production has slipped below 100,000 barrels per day, the National Oil Corp. (NOC) has said, amid warnings of fuel shortages.
Libya’s production has fallen to 122,430 barrels per day as of February 23, the country’s National Oil Corp. (NOC) has said.
The port of Tripoli was struck by projectiles on February 18, Libya’s National Oil Corp. (NOC) has said, which nearly hit an LPG tanker.
The Russian-Turkish ceasefire talks for Libya fell apart on the opposition of General Khalifa Haftar on January 13, with the head of the Libyan National Army (LNA) walking away from meetings in Moscow.
Libya’s El Feel has been shut-in as a result of local military activity, the country’s National Oil Corp. (NOC) has announced.
Libya’s National Oil Corp. (NOC) is fighting a rearguard action to secure the company’s unity, following the establishment of a rival board of directors for the Brega Petroleum Marketing Co. (BPMC).
Commodities trader Glencore said on Thursday it recognises Libya's Tripoli-based National Oil Corporatino as the sole legal marketer of the country's oil, after securing an export deal earlier this year with the state-run company.