Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek, told Reuters on Saturday, ...

Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...

Riyadh – ADES Holding Company has expanded its global footprint after launching its oil and gas business in the eleventh country, according to a press release. The company’s offshore jackup rig ...

ADNOC Gas announced on Thursday the awarding of three enabling contracts worth $2.1 billion for an LNG pre-conditioning plant (LPP), compression facilities and transmission pipelines to supply ...

Libya’s oil output at the end of 2024 was just over 1.4 million bpd, according to Reuters . Chadar is located in the NC-126 block in the Sirte basin, southeast of Ajdabiya in eastern Libya.

At the African Union’s fifth ordinary session held in Sirte, Libya in 2005, African leaders adopted the Ezulwini consensus. It expressed Africa’s desire to be fully represented in all decision-making ...

Russian ships are preparing to transport military equipment from a naval base in Syria to Libya after the fall of Bashar Assad late last year, according to Ukrainian intelligence. Defense ...

Now the conflict-riven North African nation of Libya is central to Russian efforts to project power into the Mediterranean. Flight-tracking data analyzed by CNN show more than one flight a day ...

When TIME’s photo department got together to create our annual list of the year’s top 10 photos, we first had to tackle the definition of an influential photo. Because those images gained so ...

The British international newspaper Financial Times annually publishes forecasts for the next year. It is noteworthy that for 2024, the editors correctly predicted 19 events out of 22 forecasts.