tunisia-essebsi

Libya: NOC announces drilling of 5 new wells with a combined output capacity of 12,000 bpd

The National Oil Corporation (NOC) announced on Wednesday the successful drilling and restarting of five new wells since the start of October, with a combined production capacity of around 12,000 barrels per day (bpd). According to the NOC, Mellitah Company has restarted well “A-28” in the Abu Attifel oil field, a move aligned with the […]

‘Africa is no one’s pawn’, says AU chief, as top US, Chinese, Russian officials tour continent

Top American, Chinese and Russian officials — US Treasury Secretary Janet Yellen, Chinese Foreign Minister Qin Gang and Russian Foreign Minister Sergey Lavrov — are all scrambling to visit several African nations in January to pledge their countries’ commitment to the world’s fastest-growing continent. As President Joe Biden prepares for a visit to Africa later […]

Libya’s oil market still plagued by insecurity

The Libyan oil law being drafted by a committee is expected to be ready before September “if all goes well” according to oil minister Abdelbari al-Arusi. The law has to come into force before a licensing round can be launched, but most analysts remain pessimistic about the law being passed. Minister Arusi said that the […]