Sign-up to receive email updates on the latest news and developments.
Thursday, April 25, 2024
Libya extends Zueitina oil concession for 25 years
Libya has extended Zueitina Oil Company's concession to operate its oilfields for another 25 years, a document signed by Prime...
Read moreAtlantic basin suddenly surfeited with sweet crude-Campbell
Remember the great European sweet crude crunch of 2011? It is little more than a historical curiosity now. Instead an...
Read moreOPEC cuts 2012 oil demand forecast, pumps more
OPEC cut its world oil demand growth forecast due to economic weakness in Europe and the United States, taking the...
Read moreLibya Pumped 1.36 Million Barrels of Crude Feb. 4, NOC Says
Libya produced 1.36 million barrels a day of crude on Feb. 4, up from a daily average of 1.12 million...
Read moreLibya sees pre-war oil production in summer
Libya anticipates a return to pre-war oil output of 1.6 million barrels per day (bpd) in June or July this...
Read moreLibya's Crude Bookings to Rise to 1 Million Bpd Next Week
Nine oil tankers have been booked so far to load about 1 million barrels a day of crude oil in...
Read moreLibya, UK help OMV Q4 output rise
Output from Libya helped Austrian energy group OMV boost production slightly quarter on quarter despite the absence of supplies from...
Read moreLibya's Agoco hopes for full oil output in April
Libya's Arabian Gulf Oil Company (Agoco) is producing around 300,000 barrels per day (bpd) and hopes to reach full production...
Read more