Libya holds Africa's largest proven reserves (48 billion barrels) and has lifted output back toward 1.4 million bpd.

Libya’s Oil & Gas Minister to Detail Production Targets, Investment Plans at Libya Energy & Economic Summit (LEES) 2026 ...

The oil-rich country is starting to emerge from years of economic devastation. It sits atop of one of the world’s largest petroleum reserves. And Big Oil is ready to take on the investment risk. Sound ...

Libya's offshore exploration efforts have taken a step forward with the spudding of the Matsola-1 well in the Gulf of Sirte.

Under the theme Infrastructure&Investment Driving Energy Growth, the fourth edition of the Libya Energy&Economic Summit (LEES ...

A political standoff in Libya risks once more paralyzing the north African country's lucrative oil sector — but the frequency of its power tussles and crude disruptions have called long-term oil price ...

After more than a decade of instability, U.S. and European majors such as ExxonMobil, Chevron, Shell, BP, and Eni are re-entering Libya. Libya’s UN-recognized government is courting Washington to ...

Libya took a major step toward reviving its battered oil industry by reopening its biggest field, presenting a new headache for OPEC+ as the alliance of major producers tries to curb global supplies.

Jan 18 (Reuters) - Libya's central bank announced a 14.7% devaluation of the dinar on Sunday, setting the exchange rate at ...

Venezuela needs fundamental change to its economic structures to prevent the abduction of Nicolas Maduro from eventually ...