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Exclusive: Arkanu to Sada: We Have Officially Started Developing Mezda and Sarir Fields in Partnership with Schlumberger… and Successfully Raised Production to 43,000 Barrels
| News
In an exclusive statement to our source, Eng. Mohamed Asti, Technical Director of Arkanu Oil Services Company, revealed that the company has officially begun development operations at the Mezda and…
Exclusive – After Being Publicly Wronged by the Audit Bureau Over Companies He Holds Shares In… Husni Bey Demands a Public Clearance Statement on the Bureau’s Page
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In an exclusive interview with our source, Libyan businessman Husni Bey made a direct appeal to the President of the Audit Bureau, Khaled Shakshak, calling for justice and correction of what he desc…
In an Interview with Bloomberg… National Oil Corporation Reveals Signed Contracts with Global Oil Companies
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The American Bloomberg Agency reported today, Wednesday, citing the National Oil Corporation (NOC) of Libya, that Chevron and TotalEnergies are competing in the first oil exploration bid in Libya si…
World Bank: Libya Needs Numerous Reforms to Strengthen Non-Oil Sectors and Reduce Volatility
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The World Bank revealed today, Tuesday, a report stating that the Libyan economy showed promising signs of recovery during 2024 and remained resilient despite challenges stemming from its reliance o…
Exclusive: Central Bank Begins Processing Letters of Credit and Personal Use Requests Allocated $1 Billion This Week
| News
The Central Bank of Libya exclusively revealed to our source that it began this morning processing letters of credit and personal use requests allocated a total of $1 billion for this week.
This…
Exclusive: Central Bank Reveals Imminent Launch of Electronic System for Letters of Credit – Here Are the Details
| News
The Central Bank of Libya told our source exclusively: “As part of its commitment to fairness and equal opportunity among suppliers of goods and services, an electronic system will be launched start…