Libya holds Africa's largest proven reserves (48 billion barrels) and has lifted output back toward 1.4 million bpd.

Libya's central bank announced a 14.7% devaluation of the dinar on Sunday, setting the exchange rate at 6.3759 to the U.S.

Whenever oil prices fall, the same question resurfaces in oil-dependent countries: Are oil revenues sufficient to cover ...

After more than a decade of instability, U.S. and European majors such as ExxonMobil, Chevron, Shell, BP, and Eni are re-entering Libya. Libya’s UN-recognized government is courting Washington to ...

Libya’s Prime Minister to Address Libya Energy & Economic Summit (LEES) 2026 as National Energy Agenda Accelerates ...

Under the theme Infrastructure&Investment Driving Energy Growth, the fourth edition of the Libya Energy&Economic Summit (LEES) returns to Tripoli this week on January 24-26. As the country’s flagship ...

Add Yahoo as a preferred source to see more of our stories on Google. What was marketed as a fragile return to order in Libya has, once again, been exposed as a mirage. On May 12, Tripoli plunged into ...