Libya’s National Oil Corporation regains full control of Ras Lanuf Refinery from Emirati LERCO JV's Trasta Company
May 11 Sami Zaptia

Libya’s National Oil Corporation regains full control of Ras Lanuf Refinery from Emirati LERCO JV's Trasta Company

Libya’s state National Oil Corporation (NOC) announced today that it had regained full control of the Ras Lanuf Refinery from the Emirati LERCO J...

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Aldabaiba to support increased oil and gas production through development projects - ‎22 new exploration plots to be tendered
Dec 6 Sami Zaptia

Aldabaiba to support increased oil and gas production through development projects - ‎22 new exploration plots to be tendered

Tripoli based Libyan Prime Minister Abdel Hamid Aldabaiba offered his support to the National Oil Corporation (NOC) to increase its oil and gas produc...

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NOC to exercise its call option to purchase Trasta’s 50 percent interest in the LERCO JV
Feb 27 Sami Zaptia

NOC to exercise its call option to purchase Trasta’s 50 percent interest in the LERCO JV

Libya’s state National Oil Corporation (NOC) announced yesterday that it is proceeding with the exercise of its call option to purchase Trasta’s 50 pe...

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Mar 1 Sami Zaptia

NOC wins arbitration case against Emirati LERCO

By Sami Zaptia.(Logo: NOC).London, 1 March 2021:Libya’s state National Oil Corporation (NOC) announced yesterday that it had won a decision from the P...

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Jan 13 Sami Zaptia

NOC wins arbitration case against Emiratis

By Libya Herald reporter,NOC wins arbitration case against Emirati LERCO and TRASTA.Tunis, 13 January 2018: Libya’s National Oil Corporation (NOC) ann...

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Oil production exceeds outside predictions
Sep 25 Nigel Ash

Oil production exceeds outside predictions

Tripoli, 25 September:The country’s oil production has nearly hit its pre-revolution levels of 1.6 million barrels per day (bpd), said Abdulrahman Ben...

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NOC confronts oil price reality and strikes deal with Lerco
Sep 4 George Grant

NOC confronts oil price reality and strikes deal with Lerco

By John Hamilton.The NOC has been exploiting the desire of international buyers to re-enter the Libyan energy market by artificially hiking prices. (P...

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