Libya took a major step toward reviving its battered oil industry by reopening its biggest field, presenting a new headache for OPEC+ as the alliance of major producers tries to curb global supplies.

Libya holds Africa's largest proven reserves (48 billion barrels) and has lifted output back toward 1.4 million bpd.

CAIRO (AP) — Libya’s National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid tensions between the country’s ...

BP will evaluate hydrocarbon prospects in Messla and Sarir as it reopens Tripoli office by late 2025. Shell will conduct feasibility studies on Libyan oil fields fully owned by the National Oil ...

The fourth-largest country in Africa, the continent’s second-biggest oil producer, has been terra incognita for the petroleum industry for a decade and a half. Since Libya’s 2011 revolution, its oil ...

BENGHAZI, Libya (Reuters) - Libya's oil guard brigades, which control Ras Lanuf and Es Sider, two major export terminals closed since 2014, are working with the unity government's state oil company, ...

CAIRO — Libya’s state-run oil company said Thursday it was restarting full oil production, almost two months after shutting down operations in two of its major fields amid a political crisis. The ...

CAIRO (AP) — Libya’s National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid ongoing tensions between the ...