Earlier this month, Libya’s state-owned National Oil Corporation (NOC) declared force majeure on the running of the biggest oilfield in the country, Sharara oil field,
Tag: NOC
Clouds Lift from Libya’s Troubled Oil Sector: Foreign Companies Back in Action
Italy’s Eni is to acquire a controlling stake of BP’s Libya assets and plans to start oil exploration there anew. The company will join a
Expert View: Libya’s Rebounding Oil Sector Critical to Stabilization
Libya’s oil industry may have key to the potential for stabilization of the country if international players keep playing a role in steering the sector.
What Does Future Hold for Africa’s National Oil Companies?
Arief Budiman (Jakarta, Indonesia) African National Oil Companies (NOC) find themselves on the brink of significant disruption – and of major opportunities – as structurally
War-Torn Libya’s Major Oilfield Shut Down Again
A group of armed men forced Libya’s major oilfield el-Sharara to close late on Sunday (1 October), effectively shutting down production of more than 230,000
Libya’s Rising Output Disturbing OPEC’s Attempts to Tame Supply
Output from Libya’s largest oil field Sharara has returned back to normal after it was disrupted by riots and armed demonstrations in the city of
Libya’s Oil Output Reduced by 252,000 bpd Due to Riots
Libya’s oil production has been reduced by 252,000 barrels per day – the country’s National Oil Corporation (NOC) announced yesterday (28 March). Oil output from
Nigeria’s Oil Company Ready to Discuss “Leaks”
Nigeria’s main state-run oil company, the Nigerian National Petroleum Corporation (NNPC), admitted that it had failed to hand over billions of dollars in oil revenues
Libya Shuts down Its El Feel Oilfield Due to Strike over Salaries
Libya had to close down the western El Feel oilfield on Saturday (April 25), due to the strike of the country’s security guards over salary.
Two Libya’s Governments Claim Control of Oil
The rival government controlling Tripoli, Libya’s capital, announced its own policies last week, thus putting itself in the opposition to Prime Minister Abdullah al-Thinni who