Libya's oil output cannot even cover its own needs, the National Oil Corp (NOC) said, as the country struggles with fighting and protests that have hampered production since the 2011 ouster of leader Muammar
Libya's internationally recognised government has appointed a new head of state National Oil Corp (NOC) handling oil exports, a deputy premier said, as a political conflict over control of the country is hitting the vital energy sector.
Libya hopes to restart oil production at the southwesterly El Feel field next week, a spokesman for the state National Oil Corp (NOC) said.
NOC shut down the field more than a week ago when clashes forced the c
Libya's El-Feel oilfield has slightly reduced output due to security problems in the capital Tripoli, a spokesman for National Oil Corp (NOC) said.
"I don't have any figures but some security problems in Tripoli have
Libya's El Feel oilfield has restarted production, a spokesman for National Oil Corp (NOC) said on Wednesday, as the country moves slowly to restore some of its output following protests that closed fields and ports.
A tanker is due to load 1 million barrels of crude on Tuesday from Libya's reopened Hariga port, its first export shipment since a deal to end months of closures at its main oil terminals, the National Oil Corp (NOC) said.
Speakers and delegates from several national oil companies in the region are set to take part at the upcoming Operational Excellence Conference in Abu Dhabi.
The companies include ADMA, Takreer, Borouge, Saudi Aramco, Bapco, Gasco
The Libyan navy has prevented an oil tanker from loading crude at the eastern port of Es-Sider which has been seized by protesters, state-run National Oil Corp (NOC) said on Monday.
"The Libyan navy....dealt on Sunday with a
Libya has restarted oil production at the southern El Sharara field with an initial output of 60,000 barrels per day (bpd) after protesters ended a blockade, but in a new sign of trouble, strikers blocked an oil pipeline in the west.
Libya's oil production is stable at around 600,000 barrels per day (bpd), where it has been for about a month, as the government works to end protests at fields and ports that have cut shipments for months, the National Oil Corp. (NOC) said.