Libya News » Sirte News Libya » Sirte » Economy: Chevron to enter Libya after winning bid for prized Sirte Basin block
Chevron (CVX) said Wednesday it has entered Libya after it was designated as a winning bidder for an exploration license in the Sirte basin, the country's most prolific onshore oil area. Libya's state ...
News Libya » Sirte » Economy: Libya Connects Sirte Power Station to National Gas Grid in Energy Shift
Libya has connected the Sirte steam power plant to the national gas grid and plans to begin natural gas deliveries within days. The conversion supports Libya's strategy to reduce costly fuel imports ...
News Libya » Sirte » Economy: Chevron to enter Libya after awarded prized Sirte Basin block; Eni, Repsol also win bids
Chevron (CVX) said Wednesday it has entered Libya after it was designated as a winning bidder for an exploration license in the Sirte basin, the country's most prolific onshore oil area. Libya's state ...
News Libya » Sirte » Economy: Austrian energy giant unlocks 195-million-barrel oil discovery in Africa's largest oil reserve
Libya has moved a step closer to expanding its oil production after declaring a 195-million-barrel discovery by Austrian energy company OMV commercially viable, marking another milestone in the North ...
News Libya » Sirte » Economy: Oil and power: How Libya's unity deal entrenches elite interests
Analysis: With oil driving US engagement, Libya’s unification deal is an elite power-sharing pact that leaves the country’s institutional problems unresolved ...
News Libya » Sirte » Economy: Libya Energy & Economic Summit to target more opportunities
The next edition of Libya Energy & Economic Summit (LEES) will expand Libya’s investment pipeline across hydrocarbons, renewables and infrastructure while deepening international participation ...
News Libya » Sirte » Economy: NOC confirms viability of oil field in central Libya
The Libyan National Oil Corporation (NOC) has announced the commercial viability of the Al-I\'sar oil field in the Sirte Basin, Central Libya, discovered by the Austrian company, OMV, following the dr ...
News Libya » Sirte » Economy: Libya Energy & Economic Summit: Over $20B in Deals Highlight Renewed Global Confidence
The Libya Energy&Economic Summit (LEES) has established itself as Libya’s premier gateway for upstream capital, consistently unlocking multi-billion-dollar oil, gas and renewable energy agreements ...
News Libya » Sirte » Economy: Libya needs $3-4 billion to boost oil production, bidding round expected soon, oil minister says
TRIPOLI, Jan 18 (Reuters) - 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, ...