First Independent Mena Newspaper
On Monday September 2, the National Oil Corporation (NOC) declared force majeure on the El Feel oil field in southwestern Libya, citing circumstances beyond its control as the reason for this measure. According to the NOC’s statement, the declaration was necessitated by current issues affecting crude oil production in Mellitah, which have hindered its ability […]
Austrian and Vienna-headquartered integrated oil, gas and petrochemical company OMV Group will resume exploration activities in February 2024, the North African country’s state-run oil company National Oil Corporation (NOC) has announced on Monday November 6. The announcement came after both sides held a technical meeting in Tripoli Sunday at NOC headquarters. The discussions touched on […]
An explosion at nitrogen unit of well A55 in the Entissar field of the Zueitina Oil Company caused Thursday the death of a worker and injuries to another, Libya’s state-run National Oil Corporation (NOC) announced, Libya Observer reports. The casualty, the NOC indicated, was a worker from the Al-Nisr Company, which is carrying out work […]
The South Tripoli Court of Appeals has once again postponed its ruling on the case of former chairman of the National Oil Corporation (NOC), Mustafa Sanalla, to September 7, reports say. Sanalla appealed in July before the judiciary his removal from the chairmanship of the NOC by Tripoli-based Prime Minister Abdulhamid Dbeibeh. He rejected Dbeibeh’s […]
Abdelhamid Dbeibeh, one of Libya’s rival Premiers, has sacked the Chairman of the National Oil Corporation (NOC) Mustafa Sanalla, local media Libya Update has learned. Dbeibeh’s administration, which is based in capital Tripoli, replaced Sanalla with Farhat Omar Bengdara, who served as Libya’s Central Bank Governor from 2007 to 2011, the media notes citing a […]
The Energy Committee of the House of Representatives (HoR) has cautioned against any step that could obstruct the work of the National Oil Corporation (NOC) and called for keeping the company away from the ongoing political strife and conflicts, reports say. The reaction came few days after Prime Minister Abdul Hamid Dbeibah agreed to discuss […]
Libya’s National Oil Company (NOC) announced on Monday the halt of operations at two major oil sites, the Zouetina terminal and the Al-Charara field, after several other facilities were shut down in connection with protests and political rivalries. The blockades come at a time when Libya, struggling to turn the page on the years of […]
Libya’s National Oil Corporation has transferred $8 billion to the count of the Finance Ministry of the Government of National Unity (GNU) of Prime Minister Abdul Hamid Dbeibeh who has refused to give up power despite his removal by the country’s parliament. The funds, into two installments, have been sent to the Central Bank of […]
The Libyan ministry of Oil and Gas Monday said the decision to dismiss the Chairman of the National Oil Corporation (NOC) Mustafa Sanallah is still in effect and pending legal measures despite attempt by Prime Minister Abdul Hamid Dbeibah Sunday to dissipate feud between Mohamed Oun and the NOC boss. The ministry, Libya Observer reports, […]
Libya’s National Oil Corporation (NOC) Sunday said it won in appeal against Libyan-Emirati Oil Refining Company (LERCO) with respect to the Ras Lanuf Refinery dispute dating back to January 2018. NOC on Facebook said Paris Court of Appeal ruled that LERCO will pay over $115 million, plus benefits. The amount, including the benefits as […]