Libya's dinar has plunged to record lows, driven by a sharp decline in oil revenues and escalating political unrest.

April 9, 2025: In January Tripoli prison warden Osama Al-Masri Njeem was arrested and jailed while visiting Italy to watch Juventus play football. Two days later Al-Masri was released and flown back ...

Already worn down by years of political turmoil and economic hardships, Libyans are now facing a sharp deterioration in their ...

Libya controls nearly 6.7 percent of the total Arab recoverable oil deposits of around 717 billion barrels, which account for around 54 percent of the world’s proven oil reserves, Jamal Al-Loughani ...

Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil officials said on Monday, adding that deals will involve production ...

This new project establishes Libya as a core country for Oxy's ... add additional growth projects in a country with large oil and gas reserves," said Dr. Irani. Oxy began operations in Libya ...

Libya’s central bank devalued the dinar by 13% as the divided OPEC member grapples with a decline in crude revenue that a plunge in global oil prices ... the dinar with reserves is unsustainable.

Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy ...

Tripoli will host the fourth edition of the Libya Energy & Economy Summit from January 24 to 26, 2026. The three-day event ...

Turkey is pursuing oil and gas exploration in Bulgaria, Iraq, and Libya, aiming to boost domestic production and become a key ...