The Libyan National Oil Corp. (NOC) has signed a deal for cooperation on oil with the Russian oil giant Rosneft. The deal was made on the sidelines of International Petroleum Week held in London UK.
London -
Mustafa Sanalla, head of the Libyan National Oil Company (NOC), has used the two-day meeting in London on the economic crisis in Libya to push for access to $2.5 billion funding he claims is needed for new investment to increase production.
Tripoli -
The chair of the Libyan National Oil Company (NOC), Mustafa Sanallah noted that attempts to raise Libya's oil output face numerous problems. Among them are pipelines closed off by the Zintan brigades from the western Al-Feel and Al-Sharara fields
Tobruk -
The Tripoli-based National Oil Corp.(NOC) said oil fields responsible for the bulk of Libyan oil production will be forced to stop production within a month unless the blockade is lifted on the port of Hariga at Tobruk, in eastern Libya.
Tobruk -
In a recent news release, Martin Kobler, Special Representative of the Secretary General, said he is deeply concerned by recent incursions of the Islamic State into the Libyan oil crescent region and attacks on oil fields.
Tobruk -
The Al-Thinni government of the Tobruk-based House of Representatives (HoR) is planning to export 650,000 barrels of crude that were pumped from the Messia and Sarir oil fields at Hariga port in Tobruk.
Tripoli -
International oil companies so far have dealt only with the National Oil Company(NOC) based in Tripoli that has maintained a position of neutrality between the two regimes.
Tripoli -
The Libyan Air Force bombed an oil tanker operated by Greece but leased by the Libyan National Oil Company(NOC) killing two members of the crew.
Tripoli -
Blockades by striking guards at key Libyan export oil terminals have sent oil production to under 100,000 barrels a day a major blow to the country's economy. Many guards have been on strike since late July.
