Tag Archive | "National Oil Corporation (NOC)"

Oil Production Rises

Oil Production Rises

Reuters reports that Libya’s oil production has risen to 870,000 bpd. A spokesman for the state-run National Oil Corporation (NOC) said the NOC had put output last week at 810,000 bpd. (Source: Reuters) (Oil image via Shutterstock)

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Oil Output Rallies to 700,000 bpd

Oil Output Rallies to 700,000 bpd

A spokesman for Libya’s state-owned National Oil Corporation (NOC) said on Monday that crude oil production has increased to 700,000 barrels per day (bpd), its highest level since June last year. Production has been steadily ramping up in the past month after exports finally resumed from the eastern ports of Es Sider and Ras Lanuf, […]

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Waha Oilfield Resumes Operations

Waha Oilfield Resumes Operations

Libya has resulted normal operations had resumed at Waha oilfield. A spokesman for the state-owned National Oil Corporation (NOC) told The Wall Street Journal, that operations resumed at the giant field on Monday. Waha, which normally produces 160,000 bpd, supplies crude to the Es Sider terminal, which restarted exports using stored oil last week. The […]

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Oil Minister Replaced

Oil Minister Replaced

Libya’s deputy oil minister, Omar Shakmak, who headed the oil ministry as a caretaker since the departure of former oil minister Abdulbari Alarusi [Al Arusi] in January, has told the Wall Street Journal that he is resigning from the top job at the request of Prime Minister Abdullah al-Thinni [Al-Thani, al-Thanay]. Mr. Shakmak didn’t give any […]

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Ras Lanuf Back in Operation

Ras Lanuf Back in Operation

An oil tanker carrying 670,000 barrels of ‘Sirtica’ crude oil reportedly left Libya’s Ras Lanuf oil terminal last week. A spokesman for state-run National Oil Corporation (NOC) said it was the first shipment since the port was reopened following a year of blockades by armed protesters. According to the report from Reuters, the tanker, the […]

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Diesel Shipment Arrives in Tripoli

Diesel Shipment Arrives in Tripoli

Libya Herald reports that a tanker containing 7 million litres of diesel arrived at the Shaab dock of Tripoli port on Sunday. Citing a report from the National Oil Corporation (NOC), it says that this latest shipment comes after a distribution of 2.6 million litres of petrol from Tripoli port on Saturday. Tripoli Port has […]

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Libya Revives Exports From Sharara

Libya Revives Exports From Sharara

Oil exports from Sharara, which started again on Monday 21st July, is a sign of the country’s oil industry revival, Wall Street Journal reported on Monday. According to sources familiar with the situation, the first oil tanker will be delivered to the Spanish company Repsol, which is the National Oil Corporation‘s partner in the development […]

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Brega Oil Port to Reopen

Brega Oil Port to Reopen

Reuters reports that Libya state oil company, the National Oil Corporation (NOC), has reached a deal with security guards to end the protest at the oil port of Brega. As a result, the terminal is expected to reopen on Tuesday. Reopening Brega would allow the state-run Sirte Oil Company (SOC) to start producing again and […]

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