presidential council

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    Stabilized Libyan Oil Sector Amid New Regulations

    Tripoli, April 6 – Libya's oil production has risen to approximately 1.43 million barrels per day, the highest level recorded in over a decade, Chairman of Libya's National Oil Corporation, Masoud Suleiman, announced.Suleiman said on Sunday (local time) during a meeting that oil sales revenue...
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    Political Instability Impacts Libya's Oil Industry

    Tripoli, April 5 – The head of Libya's Presidential Council, Mohamed Al-Menfi, has instructed that no new deals be made regarding existing oil fields in the country, according to a report.The instruction to Masoud Suleiman, chairman of the National Oil Corporation (NOC), confirmed on Saturday...
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