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Libya Overview

Libya

in figures

Oil Reserves48.4 billion barrels

Gas Reserves1.4 tcm

Libya: North Africa's Oil Heavyweight

Locals link Libya to global markets - AFR26 - Ibraheim MEJERISSI - Wazen Oil Services
Interview
Libya - June 16, 2026

Ibraheim Mejerissi of Wazen Oil Services talks about Libya’s opportunity to increase gas exports to Europe.

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Libya signs upstream deals with international firms
NEWS
Libya - June 16, 2026

Libya has signed production-sharing agreements with international energy companies to boost upstream exploration and lift output.

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Libya reports three new oil and gas discoveries
NEWS
Libya - April 09, 2026

Libya’s NOC has announced three new oil and gas discoveries with Eni, Repsol and Sonatrach across onshore and offshore basins.

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Eni finds more than 1 tcf of gas off Libya
NEWS
Libya - March 16, 2026

Eni has announced gas discoveries in Libya totalling more than 1 tcf, boosting supply for the domestic market.

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TotalEnergies restarts production at Mabruk oilfield in Libya
NEWS
Libya - March 12, 2026

TotalEnergies has restarted production at the Mabruk oilfield in Libya.

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Libya’s Mabrouk oilfield restarts, ups production
NEWS
Libya - March 02, 2026

Libya has commissioned a new early production facility at the Mabrouk oilfield and lifted output to 25,000 bopd.

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Eni, QatarEnergy win Libya offshore exploration licence
NEWS
Libya - February 11, 2026

Eni has secured a new offshore exploration licence in Libya in partnership with QatarEnergy.

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Oil up in choppy trading
NEWS
Multinational - May 10, 2019

Volatile oil prices gained slightly on news of Russian oil contamination joined supply factors from Iran and North Korea while fears of an all-out Sino-US trade war…

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Oil traders wait for Trump action on Iran
NEWS
Multinational - April 19, 2019

The guessing game begins. With exactly two weeks to the expiration of the US sanction waivers on Iran, oil bulls are holding tight to see which way President Donald…

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Oil prices fall, still up on Libya conflict
NEWS
Multinational - April 15, 2019

Oil prices fell on Monday in Asia but still surged by more than 30% year-to-date. The Libya conflict is back under the spotlight today.

US Crude Oil WTI Futures fell…

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Oil prices trade near 5-month high
NEWS
Multinational - April 09, 2019

Oil prices gained on Tuesday in Asia and traded near a 5-month high, supported by concerns on Libya supply disruptions.

US Crude Oil WTI Futures was up 0.2% to…

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Oil prices gain amid Libya clashes
NEWS
Multinational - April 08, 2019

Oil prices gained on Monday in Asia as the escalating conflict in OPEC producer Libya raised supply concerns.

US Crude Oil WTI Futures rose 0.5% to $63.43 by 11:15…

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