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Libyan National Oil Corporation (NOC) Company News
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Libya Gets Back on the Oil Map
On Monday, Libya's first unified government in seven years was sworn in.
8:00 PM EST | March 14, 2021
Libya Wants Foreign Oil Firms to Fund Infrastructure Repairs
Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect.
7:00 PM EST | January 20, 2021
Leaking Pipeline Underscores Libya Production Challenges
Libya’s oil output has dropped by about 200,000 barrels a day after the closure of a leaking pipeline
7:00 PM EST | January 17, 2021
Can Libya Sustain Its Oil Comeback?
After years of setbacks and false starts, Libya is back in the oil game.
8:00 PM EST | October 20, 2020
Libya May Double Oil Output Next Week
Libya took a major step toward reviving its battered oil industry by reopening its biggest field.
8:00 PM EST | October 11, 2020
Libya Oil Output Drops to Post-March Low
Libya's oil production dropped to about 950,000 barrels a day, its lowest in five months, after an unidentified group closed a valve on a pipeline.
8:00 PM EST | July 30, 2019
Islamic State Claims Tripoli Attack, Says Oil Fields 'Legitimate Target'
Islamic State claimed responsibility for an attack on the headquarters of Libya's main oil company in Tripoli.
8:00 PM EST | September 10, 2018
NOC: Arson At Libyan Pipeline Causes Fire, No Significant Damage
Libya's NOC says arson caused a fire next to a station on Libya's Wafa-Mellitah gas pipeline.
8:00 PM EST | August 15, 2018
Security Issues Continue to Plague Libya's Oil-Supply Growth
Just as Libya resumes oil exports from recently shuttered ports, an attack on its largest field is setting back progress yet again.
8:00 PM EST | July 17, 2018
Libyan NOC Requests Sanctions Over Push to Sell Oil from East
NOC Chairman Mustafa Sanalla described a "surge" in attempts by eastern factions to market oil ahead of them taking control last month of key fields and export terminals.
8:00 PM EST | July 05, 2018
NOC: Libyan Oilfield Suffers 'Distribution Delay' Amid Protest Threats
Libya's National Oil Corp (NOC) says there was a 'minor distribution delay' from Raguba field.
8:00 PM EST | May 22, 2018
NOC: Libya Needs A Week To Repair Blown-Up Oil Pipeline
A Libyan crude oil pipeline blown up on Tuesday will take about a week to repair, the head of state oil firm NOC said.
7:00 PM EST | December 26, 2017
Engineer: Libya's Sharara Oilfield Still Shut Due To Action By Armed Brigad
Libya's giant Sharara oilfield remained closed on Tuesday morning, two days after an armed brigade shut it down over salary claims and other demands.
8:00 PM EST | October 02, 2017
Libya Oil Output Drops to 5-Month Low on Biggest Field Halt
Libya's oil production slumps to a five-month low.
8:00 PM EST | October 01, 2017
Source: Libya's Sharara Oil Field Reopens After Pipeline Blockade
Libya's Sharara oil field, the country's largest, reopens after being shut down for more than two weeks.
8:00 PM EST | September 04, 2017
Libya's NOC Says Crude Output Down 360,000 Bpd After Oilfields Shut Down
Libya's crude production has fallen by 360,000 barrels per day after armed brigades blockaded pipelines and closed three oilfields, NOC says.
8:00 PM EST | August 29, 2017
Libya's Largest Oil Field 'Back to Normal' After Disruption
Libya's biggest oil field Sharara is 'back to normal' after a disruption caused by protests in the politically fragmented country, the state National Oil Corp. says.
8:00 PM EST | August 06, 2017
Libya's NOC, Wintershall Strike Interim Deal To Resume Output
Libya's National Oil Corporation (NOC) and German oil firm Wintershall have agreed an interim deal to resume production.
8:00 PM EST | June 12, 2017
Worker's Death Leads Libya's Oil Production to Drop by a Quarter
Libya's oil production has plunged by almost a quarter after workers shut the OPEC country's biggest field to protest lack of medical care following the death of a worker.
8:00 PM EST | June 07, 2017
Oil Bears Can't Look to Libya as Expat Exodus Slows Recovery
With foreign staff of international companies staying away, analysts say Libya's ability to pump more oil will soon reach a limit.
8:00 PM EST | June 04, 2017
NOC: Libya's Wafa Oil And Gas Field Reopens, Force Majeure Lifted
Libya's NOC has lifted force majeure on production from the Wafa field after an armed group reopened oil and gas pipelines leading to the Mellitah terminal, the company says.
8:00 PM EST | April 11, 2017
NOC: Libyan Oil Output Rises To 700,000 Bpd After Port Fighting Ends
Libya's oil production has reached 700,000 barrels per day, the National Oil Corporation (NOC) says.
8:00 PM EST | March 21, 2017
Libyan NOC Official Warns Of Force Majeure At Oil Ports As Rivals Mobilize
A senior official at Libya's NOC warned of a possible declaration of force majeure at the Es Sider and Ras Lanuf oil terminals.
8:00 PM EST | March 12, 2017
Libya's NOC Says Oil Pipelines Reopened, Expects Boost In 3 Months
Libya's National Oil Corporation says that pipelines leading from the western fields of Sharara and El Feel had been reopened after a two-year blockade.
7:00 PM EST | December 19, 2016
Libya Oil Port Ships First Cargo Since 2014 As Fighting Ebbs
A tanker sailed from Libya with a crude cargo bound for Italy after a halt in fighting between rival armed forces enabled the OPEC country to resume exports from its third-largest oil port for the first time since 2014.
8:00 PM EST | September 20, 2016
Gadfly: Introducing The Pre-Freeze Oil Boil Before OPEC Meets
Most oil-market observers will be keenly aware of a meeting in Algeria later this month at which the world''s biggest producers will -- or won't -- commit to freezing their crude production.
8:00 PM EST | September 18, 2016
Global Oil Glut Set To Worsen As Nigeria, Libya Fields Restart
Amid the most enduring global oil glut in decades, two OPEC crude producers whose supplies have been crushed by domestic conflicts are preparing to add hundreds of thousands of barrels to world markets within weeks.
8:00 PM EST | September 14, 2016
Spokesman: Libya's Oil Guards Back NOC, Preparing To Reopen Fields
Libya's oil guard brigades, who control Ras Lanuf and Es Sider, two major export terminals closed since 2014, are working with the unity government's state oil company and preparing to reopen shuttered fields to pump crude again, a spokesman says.
8:00 PM EST | July 06, 2016
Libya Oil Chiefs Reunify State Producer To End Row On Exports
Rival leaders of Libya's National Oil Corp. reached an agreement to unify the state company under a single management, a step that could help end the conflict over who can control the divided country's crude exports and revenue.
8:00 PM EST | July 03, 2016
Libya NOC Says May Take Action on Unapproved Oil Sales
The National Oil Corp. based in Tripoli has the right to take legal action against any party that tries to export crude or products from Libya without its permission, according to a company statement.
7:00 PM EST | December 21, 2015
East Libya to Punish Oil Companies Backing Rival Government
Libya’s internationally recognized government plans to boost oil production five-fold and will punish companies working with a rival cabinet striving to control the divided North African nation’s crude deposits.
8:00 PM EST | September 16, 2015
New Libya Oil Chief Mulls Resuming Exports at Eastern Ports
The new head of the state oil company for eastern Libya is considering restarting exports from the region’s two largest ports and plans to boost crude output.
8:00 PM EST | August 04, 2015
Libyan Chaos Threatens More Oilfields, Power Supply & Gas Exports To Italy
Libyan protesters have shut down an eastern gas field and threaten to close the western Wafa oil and gas field, which would stop gas exports to Italy, a spokesman for state oil firm NOC says.
8:00 PM EST | April 28, 2015
NOC Data: Libya Boosts Oil Output Despite Turmoil
Libya, struggling with militant attacks and two governments vying for control of the country, has boosted oil production to around 622,000 bpd, a report from NOC says, higher than previously expected.
8:00 PM EST | March 26, 2015
Libya's State Oil Firm NOC Operating Independently, Says Rival Government
Libya's state oil firm NOC based in the Tripoli is operating independently, says a minister of a rival government of the North African that controls the capital city.
8:00 PM EST | March 23, 2015
Libya's State Oil Firm Operating Independently Of Rival Governments
Libya's National Oil Corporation (NOC) is working independently without taking orders from either of the country's rival governments, the Tripoli-based group says.
8:00 PM EST | March 18, 2015
Libya's Recognized Government: Oil Sales Must Go Through NOC In East
Libya's internationally recognized government says that any sales of the country's oil should be arranged through a state firm based in Benghazi under its leadership to prevent fraud.
8:00 PM EST | March 16, 2015
NOC: Libya Declares Force Majeure on 11 Oilfields Due to Insecurity
Libya has declared force majeure on 11 of its oilfields due to the deteriorating security situation after several oil installations and ports were targeted by attacks, the state-run National Oil Corporation says in a statement on its website.
7:00 PM EST | March 04, 2015
NOC: Gunmen Storm Libya's al-Mabrook Oilfield
Gunmen have stormed the al-Mabrook oilfield in central Libya, a spokesman for state-run National Oil Corp (NOC) says.
7:00 PM EST | February 03, 2015
Rival Minister: Libya Producing 363,000 BPD of Oil
Libya, struggling to reopen ports and oilfields hit by fighting, is producing 363,000 barrels of oil per day (bpd) and exporting around 200,000, the oil minister appointed by forces in control of the capital Tripoli says.
7:00 PM EST | January 25, 2015
Libya Fighting Destroys Two Days Oil Supply
A fire caused by fighting at one of Libya's main export terminals has destroyed more than two days of the country's oil production, officials say, as clashes escalated between factions battling for control of the OPEC member nation.
7:00 PM EST | December 28, 2014
Libya Not Producing Enough Oil for Own Needs, NOC Says
Libya's oil output cannot even cover its own needs, the National Oil Corp (NOC) says, as the country struggles with fighting and protests that have hampered production since the 2011 ouster of leader Muammar Gaddafi.
7:00 PM EST | December 21, 2014
Libya Fighting Spreads to Third Oil Port, 11 Killed in Benghazi
Fighting between Libya's competing governments spreads to a third oil port, curbing gas exports to Italy and cutting crude production to less than needed to cover the North African country's own domestic requirements, officials said.
7:00 PM EST | December 21, 2014
NOC: Libya Still Testing Pipeline to Restart El Feel Oilfield
Libya is still testing pipelines to restart the southwestern El Feel oilfield, a spokesman for state-run National Oil Corp says.
7:00 PM EST | November 30, 2014
Libya's Recognized Government Appoints New Chairman of State Oil Firm
Libya's internationally recognized government appoints a new head of state National Oil Corp handling oil exports, a deputy premier says, as a political conflict over control of the country is hitting the vital energy sector.
7:00 PM EST | November 26, 2014
Libya's Political Chaos Hits Oilfields, Output Threatened
Libya's escalating political struggles threatened to derail the recovery in the country's oil sector, as a commander in charge of security at its biggest field said forces loyal to a rival government in Tripoli had forced out his men.
7:00 PM EST | November 09, 2014
Gunmen Storm Libya's El Sharara Oilfield, Shut Down Production
Gunmen seized Libya's major El Sharara oilfield, looting equipment and shooting as frightened workers sought shelter, oil sources say, in another blow to the country's oil industry which has been subjected to protests and militia blockades.
7:00 PM EST | November 05, 2014
Fighting Close to Libyan Oilfield, Refinery as Rival 'Oil Minister' Appears
Soldiers and police have clashed in the last few days near Libya's biggest El Sharara oilfield in the south, while separate fighting erupted in the west not far from the Zawiya refinery, residents and medics say.
8:00 PM EST | September 21, 2014
Fuel Tank Hit in Clashes Near Libyan Airport
Fuel storage tanks that supply Tripoli were hit on Wednesday in clashes between rival Libyan militias, igniting a huge blaze.
8:00 PM EST | July 22, 2014
Libya Oil Output Slips, Fresh Fighting In Tripoli
Libyan oil production has fallen, turning back a hard-won increase since April in revenue for the government facing increased fighting around the airport in the capital and in the eastern city of Benghazi.
8:00 PM EST | July 21, 2014