Libya was Africa’s number one oil producer in March edging out Nigeria. The country’s output hit 1.24 million barrels of oil per day (bpd). That marks a 5.4% increase from a month earlier.
Libya hit the top spot after a decrease in production from Nigeria. According to OPEC, output in Nigeria fell to 1.23 million bpd in March. That’s a decline of 6.8%
Libya’s oil output increase aligns with the country’s aim of boosting production by year’s end through a variety of strategies.
Libya’s ousted central bank governor, Sadiq al-Kabir, currently in self-imposed exile in Turkey, claims that the country’s central
Libya’s oil exports dropped by 81% last week as the National Oil Corporation (NOC) halted shipments amid a growing
In 2011, Britain and France, at the behest of NATO intervened, in support of the forces allied to the National
The UN Libya mission announced Thursday that Libyan factions failed to reach a final agreement during talks aimed at resolving
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