Commodities trader Glencore said it recognises Libya's Tripoli-based National Oil Corp (NOC) as the sole legal marketer of the country's oil, after securing an export deal earlier this year with the state-run company.
Libya's National Oil Company (NOC) and Central Bank chairmen engaged in another round of blitz meetings with oil majors in London in a renewed effort to stop its rival wooing its clients.
The head of the Tr
Libya's state oil firm NOC is in talks with tribal elders to try to reopen oilfields closed by protests but no breakthrough has been achieved yet, a spokesman for the National Oil Corporation said.
Libya has lifted force majeure at the major Ras Lanuf oil terminal, though restarting exports would take at least two days depending on available crude, a spokesman for the National Oil Corporation (NOC) said.
Gunmen shot dead a senior oil official working for Iraq's state-run North Oil Company (NOC), police and company officials said.
NOC's chief of operations, Saad Al-Karbalaie, was killed in the northern o
Libya's oil production at 500,000 barrels per day (bpd), according to the state-run National Oil Corporation, the country's Lana news agency reported from Tripoli.
The figure is slightly higher than the
Libyan state oil company NOC is delivering petrol to a western region opposing a self-declared government in charge of the Tripoli capital, it said in a bid to showcase its impartiality in a power struggle dividing the country.
The head of Libya's National Oil Corp (NOC) sees higher oil prices and said the company is working to boost output and regain market share taken by other producers.
Speaking on a visit to London, NOC chairm
Libya's state oil firm NOC based in the Tripoli is operating independently, said a minister of a rival government of the North African that controls the capital city.
Last week, the internationally recognised government based
Libya's National Oil Corporation urgently called for more official protection for its installations after an oil pipeline from its El Sarir field was sabotaged, halting flow to Hariga port.
In a separate in