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Libya
Hydropower Plant
Liberia Secures $7.41m to Complete Run-Of-River Hydropower Project
The African Development Fund has approved additional financing of $7.41 million to ensure the successful completion of Liberia's Renewable Energy for Electr…
Natural Gas
US Firm Finds Work on $8 Billion Gas Development in Africa
Mellitah Oil and Gas, a joint venture between Libya’s National Oil Corporation and Italy’s Eni, has selected Hill International, a U.S.-based compan…
Crude Oil
Libya’s NOC Unveils Self-Reliance
Strategic shift focuses on homegrown technologiesThe National Oil Corporation (NOC) unveiled its 2025 strategic plan on Wednesday, prioritising increased oil pr…
Photovoltaic (PV)
Liberia Seeks Consultancy Services for Solar, Battery Storage Auction
The government of Liberia plans to hire a consortium of consultants in a new project auction to help develop and implement a utility-scale solar and battery ene…
Oil Field
New Oil Well Bolsters Libya’s Production Capacity
Libya’s AGOCO Expands Output with New Sarir WellThe Arabian Gulf Oil Company (AGOCO), a subsidiary of Libya’s National Oil Corporation, has successf…
Crude Oil
Akakus Company Records Highest Crude Oil Production Rate in Seven Years.
Akakus Oil Company recorded yesterday the highest crude oil production rate, which it has not recorded in seven years, as its production reached 306,000 barrels…
Oil&Gas Drilling
Libya Needs $3-4 Billion to Boost Oil Production, Bidding Round Expected Soon, Oil Minister Says
Libya's Acting Oil and Gas Minister Khalifa Abdulsadek and OPEC Secretary General Haitham Al Ghais shake hands during the Libya Energy & Economy Summit, in …
Natural Gas
More Than 100 Million Cubic Feet of Natural Gas Produced by Sirte Oil for the First Time: NOC
Libya’s state National Oil Corporation (NOC) announced last Tuesday (14 January) that Sirte Oil and Gas Production and Manufacturing Company has achieved …
Oil&Gas Drilling
Repsol Resumes Exploration Drilling in Libya After a 10-Year Hiatus
Libya’s state National Oil Corporation (NOC) reported yesterday (31 December 2024) that Spanish oil company Repsol has resumed exploration activity in the…
Libya
Libya’s Oil Production Surpasses Annual Target
The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an add…
Oil Refinery
Major Libya Oil Refinery Halts Operations Due to Clashes
A major oil refinery in Zawiya, western Libya, ceased operations yesterday following clashes between local armed groups that caused fires in several storage tan…
Crude Oil
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil su…
Crude Oil
OPEC Daily Crude Output up 0.5% in Nov.
Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to averag…
Oil & Gas Trade
Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corp…
Oil & Gas Trade
Libya’s NOC Denies It Is in Talks to Supply Crude Oil to Nigeria
Libya's National Oil Corporation (NOC) on Sunday denied holding negotiations to supply crude oil to a refinery in Nigeria.A senior executive with Nigeria…
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