US sanctions network smuggling oil from Libya to Europe.

US blacklists six people, 24 companies and seven vessels in move aimed to block ‘robbing’ Libya’s oil.   The United States has issued a new round of sanctions targeting oil smugglers in Libya aimed at blocking exploitation of natural resources that is driving instability, the US Treasury Department said on…

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27

Feb
National Oil Corporation declares force majeure on el-Feel field.

NOC chairman Mustafa Sanalla said the PFG operated under the Ministry of Defence and it was they who should meet their demands.   “The NOC supplies the PFG members in the field with fuel and supplies but cannot supply hundreds of those who claim to be members of the PFG…

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27

Feb
Increasing the activity of German companies in Libya

Increasing the activity of German companies in Libya .during the meeting of the Chairman of the Board with the German Ambassador.   On February 20, 2018, the President of the Board of Directors of the National Oil Corporation, Mustafa Sannallah received the German Ambassador to Libya, Mr. Christian Bock, and…

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21

Feb
The National Oil Corporation (NOC) is working on applying the latest systems for measuring oil and gas and their derivatives.

The meeting of the General Administration of Inspection and Measurement to discuss projects to develop the modernization of the systems of measurement of oil and gas and their derivatives in order to achieve greater transparency. In this regard, the Chairman of the Board of Directors of the National Oil Corporation…

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20

Feb
– National Oil plans to invest billions.

A member of the Board of Directors of the National Petroleum Corporation Omari Mohammed Mansour told reporters during an oil conference held in Cairo that the Foundation wants to invest $ 2 billion and develop 70 wells in 2018.   The same member confirmed during the conference held on Tuesday…

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14

Feb