Oil Majors BP and Shell have made agreements with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon ...

BP and Shell have signed new deals with Libya’s NOC to explore and assess oil and gas fields, signaling Big Oil’s broader ...

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 dueling ...

Given the economic mayhem that energy price-fuelled inflation has caused for Western governments since Russia’s invasion of Crimea, the last thing they want is another oil production shutdown in ...

Libya's National Oil Corporation (NOC) aims to bring back production to 1.2 million barrels per day (bpd) in two weeks, NOC said in a statement early on Saturday.

Making oil the solution only creates more problems. Oil revenues should certainly play a supporting role in rebuilding Libya—democracies become more durable as per-capita GDP grows.

Libya has launched its first oil and gas exploration bid round in 18 years, attracting major international players like ...

Libya's economy is mostly state-run — though poorly run— with little private enterprise to take up the slack. The infrastructure was rickety even before the war, and it could take years to ...

The fluctuating output and conflicting narratives surrounding the industry demonstrate the disarray Libya’s oil sector is in, with little clarity on who really is in control of the nation’s ...

Libya's battered oil towns are struggling to get back to work after months of back-and-forth clashes between rebels and forces loyal to Muammar Gaddafi along the Mediterranean coast.

Libyan oil output will resume from all shuttered fields and ports, the Tripoli government's newly installed head of National Oil Corporation (NOC) said on Friday after meeting groups that have ...

The man who runs Libya's national oil company is struggling to resume production amid conflict and falling prices. A functioning oil industry might define whether Libya is a nation or a failed state.