First Independent Mena Newspaper
The Central Bank of Libya (CBL) has unveiled a significant initiative aimed at bolstering the country’s banking sector by allocating 15 billion dinars (over 3 billion USD) to all operational banks in the coming months. This distribution is set to be implemented across all bank branches throughout Libya. This announcement followed a crucial meeting held […]
The European Union has reaffirmed its commitment to supporting Libya’s security sector and advancing the implementation of the 2020 ceasefire agreement. EU Ambassador to Libya, Nicola Orlando, announced the launch of the second phase of the “EULINK” project, designed to strengthen security measures in ceasefire zones. In a statement on X, Orlando emphasized the EU’s […]
On October 14, Prime Minister Abdul Hamid Dbeibah announced a significant milestone for Libya’s oil sector, reporting that oil and condensate production had reached an impressive 1,305,059 barrels per day (bpd). This achievement is a testament to the resilience and hard work of national workers across various oil fields, as well as the strategic leadership […]
French Ambassador to Libya, Mostafa Mihraje, reaffirmed France’s dedication to supporting Libya’s electoral process by offering technical and advisory assistance aimed at enhancing the High National Elections Commission’s (HNEC) capacity to manage the upcoming elections. This commitment was emphasized during his meeting with HNEC Chairman, Imad Al-Sayeh, at the Commission’s headquarters in Tripoli, on Monday […]
Andrea Benassi, Director of Italy’s ITA Airways, announced, ongoing arrangements between the Libyan Civil Aviation Authority and its Italian counterpart for the resumption of ITA Airways flights to Libya, though he did not specify an exact date for the restart. The announcement was made during a meeting between Libya’s Minister of Transport in the Government […]
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 […]
After a suspension of more than a month due to a significant political crisis involving the UN-recognized Government in Tripoli, eastern Libyan authorities announced on Thursday, October 3, that oil production and exports from the region will resume. Oil operations, which have been halted since August 26, are set to restart following the lifting of […]
The G7 Foreign Ministers, along with the EU High Representative, reaffirmed their commitment to Libya’s stability, sovereignty, and unity during a meeting in New York on September 25. They expressed concerns over recent leadership transitions within the High Council of State (HCS) and the Central Bank of Libya (CBL), emphasizing the fragility of Libya’s governance. […]
The National Oil Corporation (NOC) has solidified strategic cooperation agreements with telecommunications providers Al-Madar, Libyana, and Hatif Libya, as part of the “Toward Smart Oil Cities” initiative. The primary objective of these agreements, signed on September 25, is to modernize and enhance digital infrastructure across Libya’s oil-producing regions. These agreements aim to incorporate state-of-the-art communication […]
Italian oil company Eni announced on September 24 that it will begin onshore exploratory drilling in Libya’s Ghadames Basin next month, with plans to launch an offshore drilling campaign in the Sirte Basin by the end of 2025. Speaking at the Libyan-Italian roundtable in Rome, Martina Obizzi, President of the North Africa and Levant region […]