Libya Plans Bidding Round to Attract Oil Investment

Khalifa Abdulsadek, Libya’s acting oil minister, has stated that the country needs between $3 and $4 billion to boost oil production to its pre-2011 level of 1.6 million barrels per day (bpd). Currently, the North African country produces 1.4 million bpd. Speaking at the Libya Energy and Economy Summit, Abdulsadek added that there are also…

Libya needs $3-4 billion to boost oil production, bidding round expected soon

cde.news - 21/Jan 11:30

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,...

Libya boosts oil output to over 1.43 mln bpd despite political risks

thestar.com.my - 22/Jan 20:05

TRIPOLI, Jan. 22 (Xinhua) -- Libya's daily oil output has topped 1.43 million barrels, the state-run National Oil Corporation (NOC) said on Wednesday,...

Iraq Aims to Increase Oil Production to 7 Million Barrels Per Day Over Next Five Years

qatarnewswire.qa - 29/Jan 00:00

Baghdad: Deputy Oil Minister Ali Maarij stated that the ministry aims to increase oil production to around 7 million barrels per day over the next...

Libya’s Ras Lanuf, Es Sider Ports Ordered to Stop Oil Loadings

financialpost.com - 28/Jan 05:48

Protesters demanded two of Libya’s major oil ports halt loadings, a move that could hit hundreds of thousands of barrels of exports from the OPEC...

Comment on Australia’s moment: How Trump’s fossil turn can supercharge our energy revolution by Ian

reneweconomy.com.au - 26/Jan 07:41

My BEV is like a mini oil well. Every week I don’t fill it with fuel and so far it has saved 6 barrels of oil probably more. There are 160 000 BEV...

Nabors' Third Rig in Waha to Boost Libya's Energy Potential

zacks.com - 21/Jan 10:37

NBR's addition of a third drilling rig in Libya's Sirte Basin will boost collaboration between Libya and the United States in the energy sector.

Low crude supply mars Naira-for-Crude Scheme.

mockinbird.com.ng - 31/Jan 14:28

There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products...

Young: Buying bunker fuel from Jamaica a good deal

newsday.co.tt - 03/Feb 22:40

and Ryan Hamilton-Davis MINISTER of Energy and Energy Industries Stuart Young has sought to clarify recent news of a deal with Jamaica's refinery...

Dangote sets to buy 12m barrels of crude oil from United States for refinery operations

mockinbird.com.ng - 28/Jan 18:59

The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States.The refinery resorted to crude importation...

Dangote to Purchase About 12 Million Barrels Crude Oil from United States

technologymirror.com.ng - 28/Jan 20:39

The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as...

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