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Libya’s oil production up further, to 665,000 bpd

By Sami Zaptia. Tripoli, 29 August 2014: The NOC said on Thursday that oil production has increased further, from 650,000 to 665,000 bpd, . . .…

Libya’s oil production increases to 650,000 bpd

By Sami Zaptia. Tripoli, 26 August 2014: The spokesperson for the NOC said yesterday that Libya’s oil production had increased to 650,000 bpd . . .…

Brand-new turbine breaks down at Sirte’s power station

Brand-new turbine breaks down at Sirte’s power station

By Libya Herald staff. Sirte's Gulf Power Station, still a work in progress Sirte's Gulf Power Station, still a work in progress Tripoli, 23 August 2014: The commissioning of Sirte’s Gulf Power Station was…

Italian companies in Libya face collapse, ask for guarantee fund

By Libya Herald staff. Tripoli, 22 August 2014: The fate of the 200 or so Italian companies in Libya hangs in a balance as the nation’s security situation deteriorates and Libyans and…

First oil exports leave from Sidra oil terminal in a year

First oil exports leave from Sidra oil terminal in a year

By Seraj Essul. Tripoli, 20 August 2014: The first oil exports are to leave the eastern oil terminal of Sidra in a year after a tanker docked at the port…

Goldman Sachs backs down in LIA’s $1.2 billion case

Goldman Sachs backs down in LIA’s $1.2 billion case

By Hadi Fornaji Tripoli, 20 August 2014: The US investment bank Goldman Sachs has given up trying to have the Libyan Investment Authority’s $1.2 billion lawsuit thrown out by a London court.…

Eni spuds new exploration offshore well

Eni spuds new exploration offshore well

By Sami Zaptia. Tripoli, 18 August 2014: The National Oil Corporation (NOC) announced today that ENI North Africa has spud its exploration offshore well (B1-16/4 in Contract Area "D"). …

CBL to temporarily restart electronic cheque clearing from Wednesday

CBL to temporarily restart electronic cheque clearing from Wednesday

By Sami Zaptia. Tripoli, 17 August 2014: The Central Bank of Libya (CBL) announced today that it will restart the operation of its electronic cheque clearing system (ACP) on a temporary basis…

Libyan Institute of Architects joins international professional body

Libyan Institute of Architects joins international professional body

By Libya Herald staff. Tripoli, 14 August 2014: The Libyan Institute of Architects (LIA), the professional body for Libyan Architects, has joined the International Union of Architects (IUA), attending the organisation’s general…

OMV resumes Libyan oil production

By Sami Zaptia. Tripoli, 13 August 2014: The NOC reported yesterday the first shipment of Sirtica oil from its Harouj port in Ras . . .…

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