Founded in 1970, NOC has historically controlled the country's vast oil reserves — some 48 million barrels of crude, ...
However, last fall, Europe felt the impact of the shutdown of El Sharara, one of the main oil fields with a production ... Repsol has been drilling in a new field, and Tripoli is offering an ...
The El Sharara oilfield was closed upon the request of representatives of Libyan tribes working there. The oil production of Libya is likely to be paralyzed with the closure of the El Sharara and ...
The National Oil Corporation said in a statement that it would resume production at the Sharara and El-Feel oil fields ... partially operates the Sharara field for an arrest warrant issued ...
Crude oil futures rise for the first time in four sessions amid simmering Middle-East tensions and reports that Libya's national oil company is reducing production at the Sharara oil field due to ...