Libyan National Oil Corporation (NOC) Company News

Recent Articles

Results 50 articles shown

Libya Gets Back on the Oil Map
Monday, March 15, 2021On Monday, Libya's first unified government in seven years was sworn in.

Libya Wants Foreign Oil Firms to Fund Infrastructure Repairs
Thursday, January 21, 2021Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect.

Leaking Pipeline Underscores Libya Production Challenges
Monday, January 18, 2021Libya’s oil output has dropped by about 200,000 barrels a day after the closure of a leaking pipeline

Can Libya Sustain Its Oil Comeback?
Wednesday, October 21, 2020After years of setbacks and false starts, Libya is back in the oil game.

Libya May Double Oil Output Next Week
Monday, October 12, 2020Libya took a major step toward reviving its battered oil industry by reopening its biggest field.

Libya Oil Output Drops to Post-March Low
Wednesday, July 31, 2019Libya'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.

Islamic State Claims Tripoli Attack, Says Oil Fields 'Legitimate Target'
Tuesday, September 11, 2018Islamic State claimed responsibility for an attack on the headquarters of Libya's main oil company in Tripoli.

NOC: Arson At Libyan Pipeline Causes Fire, No Significant Damage
Thursday, August 16, 2018Libya's NOC says arson caused a fire next to a station on Libya's Wafa-Mellitah gas pipeline.

Security Issues Continue to Plague Libya's Oil-Supply Growth
Wednesday, July 18, 2018Just as Libya resumes oil exports from recently shuttered ports, an attack on its largest field is setting back progress yet again.

Libyan NOC Requests Sanctions Over Push to Sell Oil from East
Friday, July 06, 2018NOC 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.

NOC: Libyan Oilfield Suffers 'Distribution Delay' Amid Protest Threats
Wednesday, May 23, 2018Libya's National Oil Corp (NOC) says there was a 'minor distribution delay' from Raguba field.

NOC: Libya Needs A Week To Repair Blown-Up Oil Pipeline
Wednesday, December 27, 2017A Libyan crude oil pipeline blown up on Tuesday will take about a week to repair, the head of state oil firm NOC said.

Engineer: Libya's Sharara Oilfield Still Shut Due To Action By Armed Brigad
Tuesday, October 03, 2017Libya's giant Sharara oilfield remained closed on Tuesday morning, two days after an armed brigade shut it down over salary claims and other demands.

Libya Oil Output Drops to 5-Month Low on Biggest Field Halt
Monday, October 02, 2017Libya's oil production slumps to a five-month low.

Source: Libya's Sharara Oil Field Reopens After Pipeline Blockade
Tuesday, September 05, 2017Libya's Sharara oil field, the country's largest, reopens after being shut down for more than two weeks.

Libya's NOC Says Crude Output Down 360,000 Bpd After Oilfields Shut Down
Wednesday, August 30, 2017Libya's crude production has fallen by 360,000 barrels per day after armed brigades blockaded pipelines and closed three oilfields, NOC says.

Libya's Largest Oil Field 'Back to Normal' After Disruption
Monday, August 07, 2017Libya'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.

Libya's NOC, Wintershall Strike Interim Deal To Resume Output
Tuesday, June 13, 2017Libya's National Oil Corporation (NOC) and German oil firm Wintershall have agreed an interim deal to resume production.

Worker's Death Leads Libya's Oil Production to Drop by a Quarter
Thursday, June 08, 2017Libya'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.

Oil Bears Can't Look to Libya as Expat Exodus Slows Recovery
Monday, June 05, 2017With foreign staff of international companies staying away, analysts say Libya's ability to pump more oil will soon reach a limit.

NOC: Libya's Wafa Oil And Gas Field Reopens, Force Majeure Lifted
Wednesday, April 12, 2017Libya'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.

NOC: Libyan Oil Output Rises To 700,000 Bpd After Port Fighting Ends
Wednesday, March 22, 2017Libya's oil production has reached 700,000 barrels per day, the National Oil Corporation (NOC) says.

Libyan NOC Official Warns Of Force Majeure At Oil Ports As Rivals Mobilize
Monday, March 13, 2017A senior official at Libya's NOC warned of a possible declaration of force majeure at the Es Sider and Ras Lanuf oil terminals.

Libya's NOC Says Oil Pipelines Reopened, Expects Boost In 3 Months
Tuesday, December 20, 2016Libya'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.

Libya Oil Port Ships First Cargo Since 2014 As Fighting Ebbs
Wednesday, September 21, 2016A 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.

Gadfly: Introducing The Pre-Freeze Oil Boil Before OPEC Meets
Monday, September 19, 2016Most 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.

Global Oil Glut Set To Worsen As Nigeria, Libya Fields Restart
Thursday, September 15, 2016Amid 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.

Spokesman: Libya's Oil Guards Back NOC, Preparing To Reopen Fields
Thursday, July 07, 2016Libya'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.

Libya Oil Chiefs Reunify State Producer To End Row On Exports
Monday, July 04, 2016Rival 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.

Libya NOC Says May Take Action on Unapproved Oil Sales
Tuesday, December 22, 2015The 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.

East Libya to Punish Oil Companies Backing Rival Government
Thursday, September 17, 2015Libya’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.

New Libya Oil Chief Mulls Resuming Exports at Eastern Ports
Wednesday, August 05, 2015The 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.

Libyan Chaos Threatens More Oilfields, Power Supply & Gas Exports To Italy
Wednesday, April 29, 2015Libyan 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.

NOC Data: Libya Boosts Oil Output Despite Turmoil
Friday, March 27, 2015Libya, 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.

Libya's State Oil Firm NOC Operating Independently, Says Rival Government
Tuesday, March 24, 2015Libya'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.

Libya's State Oil Firm Operating Independently Of Rival Governments
Thursday, March 19, 2015Libya's National Oil Corporation (NOC) is working independently without taking orders from either of the country's rival governments, the Tripoli-based group says.

Libya's Recognized Government: Oil Sales Must Go Through NOC In East
Tuesday, March 17, 2015Libya'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.

NOC: Libya Declares Force Majeure on 11 Oilfields Due to Insecurity
Thursday, March 05, 2015Libya 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.

NOC: Gunmen Storm Libya's al-Mabrook Oilfield
Wednesday, February 04, 2015Gunmen have stormed the al-Mabrook oilfield in central Libya, a spokesman for state-run National Oil Corp (NOC) says.

Rival Minister: Libya Producing 363,000 BPD of Oil
Monday, January 26, 2015Libya, 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.

Libya Fighting Destroys Two Days Oil Supply
Monday, December 29, 2014A 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.

Libya Not Producing Enough Oil for Own Needs, NOC Says
Monday, December 22, 2014Libya'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.

Libya Fighting Spreads to Third Oil Port, 11 Killed in Benghazi
Monday, December 22, 2014Fighting 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.

NOC: Libya Still Testing Pipeline to Restart El Feel Oilfield
Monday, December 01, 2014Libya is still testing pipelines to restart the southwestern El Feel oilfield, a spokesman for state-run National Oil Corp says.

Libya's Recognized Government Appoints New Chairman of State Oil Firm
Thursday, November 27, 2014Libya'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.

Libya's Political Chaos Hits Oilfields, Output Threatened
Monday, November 10, 2014Libya'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.

Gunmen Storm Libya's El Sharara Oilfield, Shut Down Production
Thursday, November 06, 2014Gunmen 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.

Fighting Close to Libyan Oilfield, Refinery as Rival 'Oil Minister' Appears
Monday, September 22, 2014Soldiers 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.

Fuel Tank Hit in Clashes Near Libyan Airport
Wednesday, July 23, 2014Fuel storage tanks that supply Tripoli were hit on Wednesday in clashes between rival Libyan militias, igniting a huge blaze.

Libya Oil Output Slips, Fresh Fighting In Tripoli
Tuesday, July 22, 2014Libyan 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.