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.
A year after a flash flood ripped through Derna and killed thousands of people, the coastal Libyan city is hosting
Libya’s Speaker of the House of Representatives (HoR), Aqila Saleh, has cut the tax imposed on the banks'
International Criminal Court (ICC) prosecutor Karim Khan on Tuesday called on Libya and other nations to help arrest six men
Egypt is pursuing long-term liquefied natural gas (LNG) agreements with U.S. and other foreign companies to reduce its reliance
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