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Legal, Parliamentary, and Media Voices Consider the Arrest of Oil Minister “Mohamed Aoun” as Targeting His Stance Against Concessionary Contracts of Libya’s Wealth

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Our source at the Ministry of Oil revealed that Oil Minister Mohamed Aoun was arrested while attempting to travel through Mitiga Airport, suggesting that the reason is linked to investigations carri…
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Al-Hurra Network Reveals the Meteoric Rise of Arkenu Oil Company and the UAE’s Role in Its Founding… Here Are the Details

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On Thursday, MBN’s Al-Hurra published a report stating that in a small side street in Benghazi, among concrete buildings, the story of a mysterious company called Arkenu began. Within just months of…
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Energy Capital Power: Libya Advances Steady $8 Billion Investment Plans to Develop Offshore Gas

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The website Energy Capital Power reported Thursday that the $8 billion offshore gas development project “Structures A & E” is gaining increasing momentum, with recent contracts and confirmed pro…
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Gulf Times: This Is What Happens When Libya’s National Oil Corporation Appears “Opaque”

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The Gulf Times reported on Sunday that Libya’s oil barrels are an integral part of the Mediterranean balance, influencing European profit margins, OPEC cohesion, and Gulf investments in ports, pipel…
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Al-Bouri: Without Controlling Public Finances, the Central Bank Has Only Two Options: Either Tap Reserves or Devalue the Currency

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The Italian news agency Nova reported on Thursday, citing former Chairman of Assaray Bank for Trade and Investment, Naaman Al-Bouri, that despite Libya’s vast oil resources, the country spends more…
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IMF Discusses Exchange Rate in Libya and Reveals Key Details

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The International Monetary Fund (IMF) revealed on Wednesday that Libya’s economy is expected to record the fastest growth rate in the region this year, at 14.3 percent, according to the Arab Economi…
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“They Can Starve You, They Can Shut Down Your Exports” — A Statement Close to a Grim Warning… and an “American Newspaper” Reveals the Details

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The American newspaper IntPolicyDigest reported on Monday that Colonel Muammar Gaddafi once issued a stark warning in a moment of global criticism, saying: “The dominant powers today are in the hand…
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IMF Warns of Continued Fuel Smuggling and a Looming Power Crisis in Libya

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The International Monetary Fund revealed in a report that the extremely low prices of oil and electricity encourage smuggling across borders, and it is likely that the sharp increase in the quantiti…
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Turkish Newspaper: Money Laundering Investigation — Arrest Warrants Issued for 85 People, Including Individuals from Libya

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The Turkish newspaper PaTurkey reported on Thursday that Turkish authorities have launched a comprehensive investigation into money laundering involving suspicious point-of-sale transactions worth o…
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British Newspaper: Libya’s Decision to Abandon Oil-for-Fuel Swap Deepens Financial Crisis

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The Arab Weekly reported on Thursday that Libya’s decision to halt the oil-for-fuel swap system, which it relied on to secure fuel imports in exchange for oil exports, has worsened the financial cha…
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