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

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 ...

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 ...

Libyan officials have warned nations involved in the NATO campaign that they could be barred from investing or participating in the country s oil sector if they continue to side with the rebels. But ...

Over the past decade, crude from countries, such as Libya, Russia and Argentina have helped keep the lights on in the Aloha ...

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) ...