Libyan government signals budget support for NOC
Libya’s National Oil Corp. (NOC) held a meeting with the new government on March 31 to discuss the importance of funding the company.
Mustafa Sanalla
NOC warms to CBL under new government
Libya’s National Oil Corp. (NOC) has signalled a return of faith in its sometimes fractious relationship with the Central Bank of Libya (CBL), following the appointment of a new government.
NOC scores win in long-running Ras Lanuf arbitration
Libya’s National Oil Corp. (NOC) has celebrated an arbitration win against the Libyan Emirates Oil Refining Co. (Lerco), in a case on the Ras Lanuf refinery.
Libya’s NOC to open London office – report
Libya’s National Oil Corp. (NOC) is in the process of opening an office in London, which will play a key role in the North African’s state production increases.
Sirte Oil hits 100,000 bpd
Sirte Oil Co. (SOC) has doubled production to 100,000 barrels per day, following work to increase well productivity.
Libya talks digital transformation with KPMG, meets UK officials
National Oil Corp. (NOC) and KPMG Tunisia have reached a deal on new financial and administration systems.
Total in talks on Libya work
Total has held talks with the National Oil Corp. (NOC) on increasing production and expanding in Libya, against a background where security appears to be improving.
Libya ups revenues as force majeure clears
Libya’s revenues in October roughly doubled from September, following the lifting of force majeure at two ports.
Wintershall, NOC finally complete Sarir shift
Libya has launched Sarir Oil Operations as a joint operating company to operate Contract Areas 91 and 107, previously held by Wintershall.
Libya to resume production
The National Oil Corp. (NOC) has lifted force majeure from the El Feel field, following high-level agreements on a ceasefire in Libya.
NOC shuts Sharara on coronavirus outbreak
Libya’s National Oil Corp. (NOC) has accused the Petroleum Facilities Guard (PFG) of spreading coronavirus at the Sharara field, south of Tripoli.
Coronavirus shutters Libyan offices
Sirte Oil Co. and Waha Oil have shut their offices for 10 days, in an attempt to combat COVID-19.
Guns and oil do not mix, Libya’s NOC warns
Libya’s National Oil Corp. (NOC) has expressed concerns about increasing military presence at its facilities and the seizure of jet fuel at Zueitina.
NOC blames UAE for Libyan shutdown
Libya’s National Oil Corp. (NOC) has named the United Arab Emirates as being behind the order to stop production in the North African country.
NOC lifts force majeure on Libyan exports
Libya’s National Oil Corp. (NOC) has lifted force majeure on oil exports from the North African state, but has warned production will be low.
Eni comes calling in Tripoli
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.
PFG refuses Es Sider loading
An attempt to lift force majeure at the Es Sider port, allowing oil exports to resume, has failed with local armed forces refusing to allow this to go ahead.
Russian mercenaries seize Sharara
Russian mercenaries are reported to have arrived at the Sharara oilfield, Libya’s National Oil Corp. (NOC) has said.
NOC’s ‘flares to food’ plan at Sharara
Repsol and the National Oil Corp. (NOC) are making progress with their plans to produce LPG at the Sharara oilfield, in southern Libya.
Violence escalates in Libya despite coronavirus pleas
Crises are proliferating in Libya, with the conflict continuing to rage despite high-level assurances of ceasefires in response to the coronavirus pandemic.
Blockade keeps pressure on NOC revenues
Libya’s National Oil Corp. (NOC) has reported revenues of $555 million in February, down 68.6% from January’s $1.21 billion.
UAE contravenes UN embargo, Libya’s NOC alleges
Libya’s National Oil Corp. (NOC) has accused the United Arab Emirates of contravening the United Nations arms embargo by delivering fuel to Benghazi.
Tripoli port shelled as ceasefire wavers
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.
Libya output dwindles as blockade bites
Libya’s oil production has fallen to just over 260,000 barrels per day as a result of the blockade, imposed by the Libyan National Army (LNA).
Libyan output reduced to near zero
As world powers met in Berlin to hash out a way forward in Libya, local pressures in the North African state took virtually all of its oil production offline.