Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek, told Reuters on Saturday, adding that a new license bidding round is expected to be approved by the cabinet before the end of January.

Libya on Monday voiced a strong commitment to renewing previous agreements with Türkiye, seeking to finalize a free trade deal and boost investments

PM Abdulhamid Al-Dbeibeh says up to $4 billion will be needed to meet objective after years of falling output amid ongoing conflict

Türkiye good fit to engage in oil, gas exploration, refining, and other oil industry activities in Libya, while private sector prioritizes business with Türkiye, says Libyan economy minister - Anadolu

A coalition of Darfur rebel groups said on Monday they had repelled an incursion by Sudan’s Rapid Support Forces (RSF) from Libya, inflicting heavy casualties and capturing dozens of vehicles. The clash occurred in a strategic border region between Sudan,

The Acting Chairman of Libya's state-owned National Oil Corporation (NOC) Masoud Sulaiman said on Saturday the company plans to increase daily oil and gas production to two million barrels over the next three years if "the right funds are made available.

Turkish Petroleum Corporation general manager underscores exploration, development opportunities in Libya’s offshore sector - Anadolu Ajansı

Libya is setting its sights on boosting oil production to 2 million barrels per day (bpd) within the next two to three years, with brownfield development and local investment identified as critical drivers of this growth.

Only the inquiry team and representatives from the Ministry of Defence have been allowed to attend the closed hearings, preventing the lawyers for the bereaved families, the general public, and the press from observing the proceedings.

Libya's eastern-based parliament has approved a national reconciliation and transitional justice law, three lawmakers said, a measure aimed at reunifying the oil-producing country after over a decade of factional conflict.

The head of Libya's National Oil Corporation (NOC) is no longer in the role at the state oil company, two sources familiar with the matter told Reuters on Thursday. The NOC runs the technical sector of oil and gas production,

The chairman of Libya's National Oil Corporation, Farhat Bengdara, has resigned for "urgent" health reasons, the NOC said in a statement on Thursday.