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Shell to buy Libyan oil for first time since 2013

Royal Dutch Shell, the largest oil company in Europe, signed with the National Oil Corporation (NOC) its first contract since 2013 to buy crude oil from Libya. Shell and BP have agreed to a long-term contract with NOC to buy crude oil, Bloomberg said on Thursday, citing the recovery of …

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Libya Resumes Exporting Crude Oil

(Author: Libyan Gazette Editorial Staff) Libya’s crude oil production increased over 70 percent since last month after the reopening of a few oil fields and oil ports which were closed for the last two years. On Tuesday, Ibrahim Al-Awami, the head of oil measurement department at Libya’s National Oil Corporation …

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