The National Oil Corporation published detailed figures on fuel supplies, revenues, and budget allocations for 2025. It reported fuel deliveries worth $7.87 billion, while payments from the central… Read More
Libya reopened its oil sector to foreign investors for the first time in nearly two decades, aiming to revive production and attract major energy companies. As a result,… Read More
Libya’s Prime Minister Abdul Hamid Dbeibah ordered the formation of a joint government team to address fuel shortages and curb smuggling, according to LANA and The Libya Observer.… Read More
Jumhuriya Bank reported preliminary profits exceeding LD 200 million in 2025, maintaining its position as one of Libya’s largest banks with total assets approaching LD 59 billion. The… Read More
Libya will sign a 25 year oil development agreement with TotalEnergies and ConocoPhillips, securing more than $20 billion in foreign investment. As a result, the deal aims to… Read More
Libya signed a major infrastructure agreement with Swiss Italian shipping group MSC and a Qatari investment fund to expand the port of Misrata. The project, valued at $2.7… Read More
