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Libya

  • GovernmentIn the News

    Italy, Libya Move to Strengthen Energy Partnership Amid Global Fuel Crisis

    by Oluwatosin Racheal Alabi May 8, 2026
    by Oluwatosin Racheal Alabi May 8, 2026

    KEY POINTS Italian Prime Minister Giorgia Meloni and Libya’s Prime Minister Abdulhamid Dbeibah have held talks in Rome aimed at strengthening energy cooperation between both countries as Italy seeks to …

  • In the NewsOil & Gas

    Libya Announces Three New Oil and Gas Discoveries with International Energy Firms

    by Oluwatosin Racheal Alabi April 9, 2026
    by Oluwatosin Racheal Alabi April 9, 2026

    KEY POINTS National Oil Corporation, NOC, has announced three new oil and gas discoveries in partnership with major energy companies from Italy, Spain, and Algeria, according to statements released by …

  • Oil & Gas

    Turkey Expands Energy Ambitions with Oil and Gas Exploration in Libya

    by Adedotun Oyeniyi April 22, 2025
    by Adedotun Oyeniyi April 22, 2025

    KEY POINTS Turkey is intensifying its push to secure new energy resources, with plans to explore oil and gas opportunities in Libya, Iraq, and Bulgaria. Energy Minister Alparslan Bayraktar confirmed …

  • Oil & Gas

    Sharara Oilfield Shut Down by Protesters, Libya’s Oil Output Takes a Hit

    by Motoni Olodun January 8, 2024
    by Motoni Olodun January 8, 2024

    Libya’s oil production has been disrupted once again by protesters demanding public services and development projects in the south of the country. The National Oil Corporation (NOC) declared a force …

  • Energy Transition

    Protests Force Full Shutdown of Libya’s Sharara Oilfield, Threatening 300,000 Barrels per Day Production

    by Ikeoluwa Juliana Ogungbangbe January 4, 2024
    by Ikeoluwa Juliana Ogungbangbe January 4, 2024

    Protests originating in the Fezzan region of southern Libya have led to the complete shutdown of production at the Sharara oilfield, according to two engineers who spoke with Reuters on …

  • In the News

    Oil Prices Soar Amid Middle East Turmoil

    by Victor Adetimilehin January 4, 2024
    by Victor Adetimilehin January 4, 2024

    Oil prices climbed higher on Thursday, extending the previous day’s sharp gains, as the Middle East faced multiple crises that threatened to disrupt the region’s oil supply. A series of …

  • In the News

    Libyan Oil Company Faces $1.8 Billion Lawsuit from UAE Firm

    by Motoni Olodun January 3, 2024
    by Motoni Olodun January 3, 2024

    The long-running dispute between Libya’s state-owned National Oil Corporation (NOC) and the United Arab Emirates-based Trasta Energy over the Ras Lanuf oil refinery is set to resume before an arbitration …

  • Oil & Gas

    Libya’s First Offshore Gas Platform to Boost Economy and Cut Emissions

    by Victor Adetimilehin October 6, 2023
    by Victor Adetimilehin October 6, 2023

    Libya is set to build its first offshore gas platform in the Sabratha field, as part of a $217 million contract awarded to the Italian engineering and construction company Antonini …

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Ikogosi Resort Saves N513 Million After a $200,000 Solar...
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