IOC sets out the Indian advantage
When Indian Oil Corp. (IOC) was launched it focused on the downstream and has subsequently expanded into the upstream, while also moving into petrochemicals.
NOC
Libya’s NOC sets out big plans in international pitch
Libya expects to raise more than $20 billion in revenue in 2019, with production running at around 1.25 million barrels per day, the company’s chairman Mustafa Sanalla said at a conference in Tunis.
Libya’s NOC warns of coming revenue squeeze
Revenues from Libya’s oil are falling, the National Oil Corp. (NOC) has said, and may fall “precipitously” if the government does not cover the agreed budget.
NOC swings at eastern competition
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).
‘Catastrophic’ damage at oil terminal following armed assault
Libya’s National Oil Corporation (NOC) has reported a “catastrophic” damage at an oil terminal after an armed assault.
Armed clashes disrupt loadings at Libyan oil terminals
Oil loadings at two major terminals in Libya have been halted due to armed clashes in the area.
Reopening Libya oil ports Is newly unified NOC’s ‘top’ priority
Libya’s state crude producer is seeking to reopen oil ports and restore crude output as the fractured OPEC nation struggles to reunite after five years of civil strife, according to its chairman.
NOC engineer shot dead in Iraq
A senior official working for Iraq’s North Oil Company (NOC) has been shot dead – just a month after his predecessor at the state-run firm was killed. The chief engineer, Saad Ali Hussain, had been driving to his office in the city of Kirkuk when he was attacked.
Lukoil sells 20% NOC stake to Rosneft
Lukoil has sold its 20% stake in NOC (National Oil Consortium) to Rosneft. NOC was established by Russian oil companies in 2008 as part of the Russian-Venezuelan economic promotion. In 2010, the NOC and Venezuelan company PDVSA registered a joint venture, PetroMiranda, to develop the Junin-6 block in the Orinoco heavy-oil belt.