Skip to main content

The Independent: Threats of Another Oil Shutdown if the National Oil Corporation Isn’t Relocated to Eastern Libya, with Concerns Over International Oversight of Libyan Oil

|
The Independent Arabia reported on Saturday that the issue of oil has resurfaced in Libya. This follows the request made by the Speaker of the House of Representatives, Aguila Saleh, earlier this we…
Read more

Independent: Libya Retains Highest Foreign Currency Reserves to Avoid Economic Shocks – Here Are the Details

|
The British newspaper Independent reported today that several African countries maintain significant foreign currency reserves to mitigate economic shocks, support imports, and maintain their financ…
Read more

Libya’s Oil and Gold Reserves Entice Western Governments… Sarkozy Returns to Court Bearing “Gaddafi’s Legacy”

|
The British newspaper The Independent published a report on Saturday shedding light on a meeting held in Tripoli in 2005. Officially, the meeting between Colonel Muammar Gaddafi and Nicolas Sarkozy—…
Read more

China Plans to Send Armed Drones to Libya Using Shell Company in Exchange for Libyan Oil, Telegraph Reveals

|
The Daily Telegraph has uncovered details of a Chinese plan to send armed drones worth $1 billion to Libya using a shell company based in the UK to bypass the international arms embargo. Accordin…
Read more

Global Platts: Oil Shutdown in 2025 Signals More Chaos in the “Mafia State”

|
Global Platts, the British agency, revealed part of its 2025 commodities series today, also focusing on the oil and gas sector. According to the agency, Libyan oil production rose in November to…
Read more

World Bank: Fuel Smuggling from Libya Exceeds $5 Billion Annually

|
The World Bank has revealed in a report that Libya introduced its subsidy program in 1971, covering essential food products, energy, public services such as water and sanitation, education, medicine…
Read more

World Bank: Libya’s Challenges Include Heavy Dependence on Oil, Declining Productivity, and Deteriorating Quality of Health and Education… Here Are the Details

|
The World Bank reported today, Wednesday, that Libya’s economy is expected to stabilize following an agreement to resolve the country’s Central Bank crisis, which led to a significant rebound in oil…
Read more

Libya Ranked Lowest Globally as Foreign Investments Decline: Deloitte Reveals Details

|
The international professional services network Deloitte, headquartered in London, released a report titled “The Imperatives of a National Vision for Libya” on Saturday. The report highlighted that…
Read more

The Sentry: Dbeibeh and Haftar’s Financial Corruption Threatens Derna with Another Disaster… Here Are the Recommendations

|
The Sentry organization stated: On September 10, 2023, two dams near the city of Derna in eastern Libya collapsed due to a severe rainstorm, resulting in a flood that claimed the lives of at least 4…
Read more

The Italian “Friedman Institute” Highlights the Growing Importance of Libyan Oil and Gas Supplies to Italy

|
The Italian “Friedman Institute” recently released an analytical report on Libyan oil and gas supplies, emphasizing Italy’s strategic role in Mediterranean energy dynamics. The institute highligh…
Read more