Libya seeks up to USD 40 billion to unlock oil and gas potential
The North African producer targets two million barrels a day by 2030 as it seeks foreign capital to develop more than 60 untapped fields...
Tag : Libya
Estithmar Holding reports 44% revenue growth in 2024
Estithmar Holding's cluster performed steadily, attributed to the demand for the sector’s projects, including Al Maha Island, which received over 4.7 million visitors in 2024...
Eyeing oil production boost, Libya to go for license bidding in 2025
Ahmet Turkoglu highlighted Libya’s offshore energy sector as a promising area for exploration and development, describing existing fields and brownfields as holding immense opportunities...
OPEC+ agrees to delay October 2024 oil output hike for two months
On December 1, OPEC+ ministers convene as a full group to decide on policy...
Russia will decide OPEC oil cuts extension depending on the market
President Putin said Russian companies have new plans to develop fields which “should be taken into account”...
Oil dips, gold resilient despite US economic cheer
Risk of Iraqi oil disruptions faded and in Libya, two major oil terminals are going to reopen following a year-long blockade. 8th July 2014 Bloomberg Commodity Index falls for second consecutive week Oil droops as Iraq fears fade and Libya is poised for export resumption Outlook to bumper corn and soybean crops in the US...