Libya’s National Oil Corporation announced Monday the closure of operations in the most important oil fields after a team of workers inside the key export terminal of Zueitina were blocked from operating. “The National Oil Corporation is obliged to declare a state of pressure Majeure at the oil port of Zueitina, such as all fields … Read more
TRIPOLI: Five Western nations have urged Libyans not to drag the National Oil Corporation into political disputes that could threaten the country’s fragile peace. The statement came with the NOC’s chief and the interim oil minister in a standoff. “All actors” should “respect the unity, integrity, and independence” of the NOC, said the statement from … Read more
TRIPOLI: Libya’s lifeline oil and gas exports raised revenues of more than $21.5 billion in 2021, the highest level in five years, the National Oil Corporation announced. Total net revenues for oil and gas exports last year amounted to $21.5 billion as well as 30 million euros in non-dollar sales, the state-run NOC said in … Read more
TRIPOLI: Libya’s only operational oil refinery was “severely” damaged after gunmen battled for three hours around the complex, the National Oil Corporation said. “The Zawiya Oil Complex was severely damaged as a result of skirmishes by armed groups,” Libya’s state oil company NOC said late Tuesday. “Those involved held no regard for the lives of workers … Read more
