Libya News » Murzuq News Libya » Murzuq » Economy: From wells to budget: Where does Libya’s oil money go?
Libya depends on oil for nearly 98% of its income. Yet a central question persists: How are those revenues collected and spent in a country divided between rival governments? And why do Libyans ...
News Libya » Murzuq » Economy: Repsol Restarts Oil Exploration in Libya After a Decade
The Spanish energy giant,Repsol, S.A. REPYY, recently returned to Libya’s energy scene with its exploration activities in the Murzuq Basin after a hiatus of more than a decade. On Dec. 31, 2024, the ...
News Libya » Murzuq » Economy: Libya’s National Oil Company Reports Three New Oil and Gas Discoveries
Libya’s National Oil Corporation has announced a trio of new hydrocarbon discoveries with Eni, Repsol, and Sonatrach, in a sign that exploration activity is gaining traction again across some of the ...
News Libya » Murzuq » Economy: Repsol Libya Branch discovers oil in Libya’s Murzuq basin
This discovery well in Libya's Murzuq basin was the fifth of eight well commitments under the agreement signed in 2008. Repsol Libya Branch made a new oil discovery about 800 km south of Tripoli. An ...
News Libya » Murzuq » Economy: Repsol Restarts Oil Exploration in Libya After a Decade
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