Libya took a major step toward reviving its battered oil industry by reopening its biggest field, presenting a new headache for OPEC+ as the alliance of major producers tries to curb global supplies.

With more than 40 companies having now registered their interest in Libya’s first oil field licensing round since the removal of Muammar Gaddafi as leader in 2011, the National Oil Corporation (NOC) ...

CAIRO (AP) — Libya’s National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid tensions between the country’s ...

Chevron Corporation CVX, an integrated oil and gas major based in Houston, TX, has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (“NOC”) to explore new oil and gas ...

BP will evaluate hydrocarbon prospects in Messla and Sarir as it reopens Tripoli office by late 2025. Shell will conduct feasibility studies on Libyan oil fields fully owned by the National Oil ...

CAIRO — Libya’s state-run oil company said Thursday it was restarting full oil production, almost two months after shutting down operations in two of its major fields amid a political crisis. The ...

CAIRO (AP) — Libya’s National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid ongoing tensions between the ...