Oil and Gas
11 articles
Harouge Oil Operations lifts output with new Amal Field well
Harouge Oil Operations has brought its B79A replacement well online at the Amal Field in Libya, adding 2000 barrels per day to production as part of a targeted 2026 capacity expansion. The move signals renewed momentum in Libya's oil sector.
NOC Engages US Universities to Boost Training and Streamline Deployment
Libya's National Oil Corporation has held a virtual meeting with leading US universities and the US Embassy to enhance the quality of its workforce training and simplify visa and deployment processes for technical staff.
Kulevi Oil Refinery Receives First Libyan Oil After Russian Supply Halt
Georgia's Kulevi oil refinery has received its first shipment of Libyan oil after halting Russian crude imports in response to EU sanctions. The move marks a shift in supply strategy, with the refinery now sourcing oil from Kazakhstan and Libya.
Oil Prices Fall Back as Brent and WTI Head for Weekly Losses
Oil prices declined on Friday, 28 August 2026, erasing part of the previous session's gains. Both Brent and WTI benchmarks are set to close the week lower, reflecting ongoing volatility and concerns over global demand.
NOC Commissions Advanced Oil Flow Measurement at Sidra Terminal
Libya's National Oil Corporation has launched a modern crude oil flow measurement system at the Sidra terminal, aiming to improve export accuracy and operational transparency in line with international standards.
Egypt contains oil spill after South Sinai pipeline leak
Egyptian authorities have contained a crude oil spill stretching three kilometres off Ras Badran near Abu Redis in South Sinai, after identifying and repairing a pipeline leak. Environmental monitoring and legal action are ongoing to assess damage and accountability.
NOC Chairman and US Advisor Discuss Oversight of Libya Oil Budget
National Oil Corporation Chairman Masoud Suleiman met with US State Department Senior Advisor Jeremy Berndt in Tripoli to discuss appointing an international consultancy to monitor NOC's budget, aiming to improve transparency and efficiency in Libya's oil sector.
Libya's NOC Signs Production-Sharing Deal with Chevron After 2025 Bidding
Libya's National Oil Corporation has signed a production-sharing agreement with Chevron, following the 2025 bidding round, aiming to boost oil and gas sector development, attract investment, and strengthen international partnerships.
Libya and ConocoPhillips Discuss Next-Phase Oil Investment in Stavanger
Libya's Minister of Oil and Gas Khalifa Abdel Sadig met with ConocoPhillips executives at the ONS 2026 Conference in Norway to advance investment plans, accelerate development of the Waha concessions, and support production growth in Libya's oil sector.
Algeria Hits Three-Year High in Natural Gas Production for 2026
Algeria has raised its natural gas output by 4.2% in the first half of 2026, reaching 54.01 billion m³-the highest level in three years-strengthening its role as a key supplier to Europe amid ongoing energy market pressures.
AGOCO and Baker Hughes Discuss Expanding Oilfield Technology Cooperation
Libya's Arabian Gulf Oil Company is exploring deeper collaboration with Baker Hughes to enhance oilfield services and deploy advanced digital technologies, aiming to strengthen operational capacity and technical standards in the Libyan energy sector.