Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the ...

Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National ...

Libya has launched its first bidding round for oil exploration in more than 17 years, aiming to bolster its position in the ...

OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...

Oil prices are under pressure with ICE Brent settling more than 1.6% lower yesterday. This follows news that OPEC+ is ...

Participants and speakers include U.S. Energy Secretary Chris Wright, energy ministers from OPEC+ members Nigeria, Libya, and ...

Oil prices are under pressure as OPEC+ prepares to unwind its production cuts just as the U.S.-China trade war gets underway.

India diversifies crude oil imports from Africa, South America amid geopolitical shifts, aiming for supply security and ...

Notably, Libya is exempt from the OPEC+ agreements to limit output. Libyan Prime Minister Abdul-Hamed Dbeibah said: "This is a clear message that Libya has returned to being a main front for oil ...

The country's current crude production has reached over 1.4 million bpd, about 200,000 bpd short of its pre-civil war high, according to NOC. Libya is exempt from OPEC+ agreements to limit output.

Oil production totaled 35.506 mln barrels per day without Libya, Iran and Venezuela exempted from the deal performance ...