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  • Mohamed Al-Hwej, Libya’s Minister of Economy and Trade, outlined the nation's ambitious goals, stating, "We have a lot of oil reserves, and our 8% market share will increase.” Minister Al-Hwej explain ...
  • Oil production in Libya reached 1.2 million barrels per day (bpd) in 2023, falling in line with national efforts to ramp up production to two million bpd within three years. As such, the NOC recently ...
  • He explained that the Government of National Unity has been working hard to advance ‘Restoration of Life’ projects – resuming operations at developments that bolster economic growth and stability. He ...
  • Oilinvest aims to become a net-zero emissions energy company to limit temperature increases to below 1.5°C by 2050 as outlined in the Paris Accord. Headquartered in The Hague, the Group owns and opera ...
  • AEC Endorses Libya Energy & Economic Summit 2024

    04 Jan 2024 Energy Capital & Power
    Organized by Energy Capital & Power (ECP) in collaboration with the Office of the Prime Minister; the Ministry of Oil & Gas; the National Oil Corporation (NOC) of Libya; and the Renewable Energy Autho ...