RTA processes 50,000 NOCs for infrastructure projectsRoads and Transport Authority (RTA) said the number of No Objection Certificates (NOCs) relating to infrastructure projects and works in Dubai currently hovers around 50,000 transactions per annum. These NOCs have been issued to t More… |
Libya's NOC, Wintershall strike interim dealLibya's National Oil Corporation (NOC) and German oil firm Wintershall have agreed an interim deal to resume production, a step forward in a contract dispute that was blocking up to 160,000 barrels per day (bpd). More… |
Libya resuming oil exports from some major portsLibya is resuming oil exports from some of its main ports which forces loyal to eastern commander Khalifa Haftar seized in recent days and has lifted related "force majeuere" contractual clauses, the National Oil Corporation (NOC) said More… |
National oil companies to retain investment dominanceNational oil companies (NOCs) will continue to dominate upstream oil and gas investments if oil prices remain at current low levels, creating a new dynamic in the market, the head of the International Energy Agency (IEA) told Reuters. More… |
Libya's NOC looks to load 1st crude cargo at Ras Lanuf port since end-2014Libya's state National Oil Corp is looking to charter a tanker to load 80,000 tonnes of crude oil from its major Ras Lanuf terminal that has been shut since December 2014, sources familiar with the matter said. More… |
Libya's NOC says tanker will transfer oil from threatened portLibya's National Oil Corporation (NOC) said on Thursday that rival forces had agreed to let a tanker dock at Zueitina port to load oil and take it to a safe place. The NOC expressed concern earlier this month after reports of More… |
Libya needs big spend to boost vital oil revenueLibya's plans to increase oil output by five-fold by the end of the year will remain out of reach until the government allocates funds to repair the damage to oil infrastructure, the National Oil Corp's chief told Reuters. More… |
Libya needs big spend to boost vital oil revenueLibya's plans to increase oil output by five-fold by the end of the year will remain out of reach until the government allocates funds to repair the damage to oil infrastructure, the National Oil Corp's chief told Reuters. More… |
Libya's NOC calls on rival factions to protect Zueitina terminalLibya's state oil company on Sunday called on rival armed factions to avoid damaging the oil terminal in Zueitina, following reports of possible clashes at the eastern port. The National Oil Corporation (NO More… |
Libya's NOC welcomes opening of ports, aims for 900,000 bpdLibya's state oil company said it welcomed the "unconditional" reopening of blockaded oil ports following a deal between the UN-backed government and an armed force which controls key facilities, saying it would begin work to res More… |