First Independent Mena Newspaper
Libyan warlord Khalifa Haftar on Friday announced lifting the blockade on oil production and its export. Hours after the Libyan National Oil Corporation (NOC), in a statement, objected to “the politicization of the oil sector and its use as a bargaining chip for political gains,” Haftar announced in a televised speech the lifting of […]
After months of deadlock, oil production activities have resumed in Libya, the National Oil Company announced on Friday. Oil production and exports had been at a standstill for six months in Libya because of the conflict that has been tearing the country apart. Vital for the economy, both activities are resuming with a first ship […]
The Libyan National Oil Corporation (NOC) has accused the UAE of smuggling jet fuel to retired and rebel Gen. Khalifar Haftar, in clear violation of UN embargo. The NOC in a statement said it also informed the UN, the internationally recognized Government of National Accord (GNA), and several other countries of the aviation fuel shipment. […]
Head of the Libyan National Oil Corporation (NOC) has finger-pointed foreign countries, which, he said, are targeting the national oil firm that has refused to take sides in the ongoing military offensive on Tripoli waged by east-based Field Marshal Khalifa Haftar. “The country is experiencing dangerous levels of disinformation. These campaigns, many directed at NOC […]
The head of the Libyan National Oil Corporation (NOC) Tuesday said Sharara oil field, the country’s largest with a production capacity of 340,000 barrels per day, will remain shut down until rebels evacuate the oil facility they have been holding since December. “The armed group attempting to hold NOC and Libya’s economic recovery to ransom […]
Libya’s infighting and east west divisions are adding to the oil supply disruptions in the country after the shutdown of the country’s largest oil field. The Internationally recognized Libyan National Oil Corporation NOC warned last December that the closure of its biggest El Sharara oil field by tribesmen claiming higher wages has reduced the country’s […]
The US State Department Tuesday called on the armed men that occupied Libya’s Sharara oil field in the desert, south of the country, to hand over the oil facility to the National Oil Corporation (NOC), which has declared force majeure. “The United States continues to monitor the situation at the Sharara oil field and echoes […]
Libya’s oil production climbed to the highest since 2013 and can go even higher if security at the nation’s energy facilities can be improved, the chairman of the state-run National Oil Corp told Bloomberg. The statement comes as the country’s capital has sank in a spiral of violence opposing rival militias. Output reached recently 1.278 […]
Two staff members of the National Oil Corporation (NOC) were killed Monday after ‘masked’ men allegedly associated to the Islamic State group (ISIS) attacked the Tripoli-based headquarters of the critical institution still ensuring revenues to the country. Several men reportedly stormed the glass-fronted building of the institution managing the country’s oil industry. Gunfire and explosions […]
Libya’s oil production and export operations will resume to normal levels after General Khalifa Haftar, the military strongman controlling eastern Libya, agreed to allow four export ports (Ras Lanuf, Es Sider, Zueitina and Hariga) to reopen. The announcement was made Wednesday by the country’s National Oil Corporation, the only Libyan authorized body to export the […]