According to Financial Times, Seddiq Al-Kabeer, the governor of the Central Bank of Libya who controls billions of dollars in oil revenue, stated that he and other bank staff had been forced to flee…
The National Oil Corporation and its subsidiaries have recently revealed increased production rates through the exploration and rehabilitation of several wells. The transition from observation well…
An Italian website reported today that Libya’s economic prospects remain positive in the short and medium term, largely due to relatively high oil prices. The site pointed out several problems in Li…
Oil Price website reported today, Thursday, that after the overthrow of the Libyan leader Muammar Gaddafi, the security and financial risks for international oil companies operating in Libya increas…
The British S&P Global Platts reported in its article today, Monday, that protesters from the Ubari region in the south of the country have taken to the streets in recent days amid anger over ri…
Oil Minister Mohammad Aoun, in an interview with the British agency Global Platts today, Wednesday, stated that he does not expect OPEC to resort to imposing a similar embargo to the Arab oil moveme…
The IMF announced on Monday that the declaration of the reunification of the Central Bank has led to welcomed improvements in banking services and the coordination of monetary policy. It has also he…
The Canadian newspaper The Globe and Mail reported on Thursday that the former Libyan ambassador to Canada, Fathi Mohammed Al-Baja, was arrested after preserving documents related to billions of dol…
Oil Price website mentioned yesterday, Tuesday, that the political chaos left by the multinational military intervention in the country in 2011 deeply affected Libyan oil, and in recent months the p…
Oil Price website stated today, Tuesday, that the commander of the armed forces, Khalifa Haftar, ordered the national army to remain on alert until reaching a fair distribution of oil wealth.
Th…
