Tag: NOC

Libya: Haftar’s LNA Retakes Oil Crescent from Rival Forces

June 22, 2018

The Libyan National Army (LNA), controlled by east-based warlord Khalifa Haftar, has announced taking back Libya’s two main oil ports after overcoming rival forces that ... Read More

Libya: Group of Youths Threatens to Shut down Oil Fields

May 22, 2018

A group of unidentified youth in the Libyan eastern town of Marada has vowed to shut down oil fields over lack of employment and social ... Read More

Libya: Moroccan BMCE Bank set to attract new investors

April 10, 2017

Libya’s National Oil Corporation (NOC) announced a deal with Morocco’s Banque Marocaine du Commerce Exterieur (BMCE) to attract new investors in a move defined as ... Read More

Libya: ‘NOC must surrender to PC’ French Premier

April 8, 2017

French Prime Minister Bernard Cazeneuve Friday in Tunis underlined France’s stance on the control of the Libyan oil saying that the National Oil Corporation (NOC) ... Read More

Russia Deepens Foothold in Libya, Pro-Putin Firm Signs Oil exploration & production deal

February 22, 2017

Russia’s oil firm Rosneft has signed cooperation framework agreement with Libya’s National Oil Corporation (NOC) opening the door wide to Russian investments as Moscow deepens ... Read More

Libya: Serraj appoints finance minister to unlock CBL-held funds

November 15, 2016

Head of UN-backed Presidential Council (PC) Faiez Serraj has appointed finance minister to help release life-saving funds help up by Central Bank of Libya (CBL) ... Read More

Libya: Haftar Forces Repel GNA Militaries’ Attempts to Retake Oil Crescent

September 19, 2016

Libyan National Army (LNA) forces, led by military veteran Khalifa Haftar, Sunday pushed back attempts by the Petroleum Facilities Guard (PFG) to re-take two oil ... Read More

Libya: NOC to Start Oil Exports amid Warning of sanctions by Western Powers

September 15, 2016

Head of Libya’s Unified National Oil Corporation (NOC) Wednesday announced immediate exportation of the Libyan oil following capture of oil crescent by General Khalifa Haftar ... Read More

IS Defeat in Sirte Deepens Libya’s East-West Split

September 6, 2016

The recent takeover by Libyan forces of the coastal city of Sirte from IS, is a major setback for the terrorist organization. Yet, this victory ... Read More

Libya: HoR-backed army Chief of staff threatens to attack oil tankers unauthorized by HoR

July 27, 2016

UNSMIL Head Martin Kobler Monday received a blow as Libyan army commander backed by the House of Representatives (HoR) threatened to attack any oil vessels ... Read More