Today, the Middle East’s NOCs are no longer simply energy producers, they serve as geographically dispersed corporations with global interests. The stakes for these organizations are especially high given that new sources of energy are bec
Libya's National Oil Corporation (NOC) has denied its eastern subsidiary has reduced oil production due to protests that have closed off its headquarters for nearly two weeks but the unit maintained on Sunday that it had cut output.
Iraq's cabinet has approved a draft law setting up a new National Oil Company, a spokesman said, but the company will not be able to operate until a package of delayed energy laws was passed.
The long-awaited creation of a new National Oil