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2019-01-07 09:45:00

LIBYA'S OIL REVENUE UP 78%

LIBYA'S OIL REVENUE UP 78%

REUTERS - Libya's oil revenue rose to $24.4 billion in 2018, up 78 pct from 2017, Libya's National Oil Corporation (NOC) said in statement on Sunday.

NOC also said it recorded an average production of 1.107 million barrels per day in 2018.

 

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Earlier: 

 SAUDIS OIL RECORD: 10.67 MBD
2018, November, 9, 15:35:00

SAUDIS OIL RECORD: 10.67 MBD

PLATTS - Saudi Arabia pumped 10.67 million b/d in the month, its most in the 30-year history of the Platts OPEC survey, while key ally the UAE also set an all-time high at 3.17 million b/d. Libya produced its most since June 2013 at 1.10 million b/d.

 

 BP AND ENI IN LIBYA
2018, October, 10, 07:35:00

BP AND ENI IN LIBYA

BP - Libya’s National Oil Corporation, BP and Eni today signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya.

 

 OIL MARKET UNCERTAINTY
2018, September, 21, 10:40:00

OIL MARKET UNCERTAINTY

PLATTS - 1.4 million b/d of Iranian oil supplies to leave the market by November, when the US sanctions go into force. Venezuela, which pumped 1.22 million b/d in August could see output fall to 1 million b/d in 2019. Politically unstable Libya also presents a supply risk.

 

 OPEC'S OIL PRODUCTION: 32.89 MBD
2018, September, 7, 12:53:00

OPEC'S OIL PRODUCTION: 32.89 MBD

PLATTS - OPEC's crude oil production in August, not including newest member Congo, rose to a 10-month high, with Iraq surging to record output and Libya recovering from militia fighting, more than offsetting Iran's slide as the sanctions-hit country struggles to keep its customers, according to the latest S&P Global Platts survey.

 

 LIBYAN OIL UP
2018, September, 3, 14:55:00

LIBYAN OIL UP

PLATTS - Libya's crude oil production edged up again this week, with increased output from two smaller fields in the east of the country, sources said Friday.

 

 IEA: OIL SUPPLY ISSUES
2018, July, 16, 11:00:00

IEA: OIL SUPPLY ISSUES

IEA - The re-emergence of Libya as a risk factor in global supply follows a series of attacks on key infrastructure that saw production plummet to around 500 kb/d in July from close to the 1 mb/d level seen for about a year.

 

 LIBYA'S OIL DOWN 160 TBD
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

Tags: LIBYA, OIL, PRICE, REVENUE