Oil-backed trade is reshaping Africa’s strategy through resource-for-fuel swaps and infrastructure-based exchanges.

The Chairman of the Board of Directors of the National Oil Corporation (NOC), Masoud Suleiman, launched on Monday public bidding round for oil exploration after a hiatus of 17 years. This announcement ...

Libya’s Akakus Oil Operations company announced today that it has successfully completed the drilling of well D-42. The ...

But a “massive” ship “came out of the blue” on Monday morning and smashed into the 183-metre oil tanker, which had left Greece two weeks earlier, causing an instant fireball which was ...

Night - Cloudy. Winds E at 5 to 6 mph (8 to 9.7 kph). The overnight low will be 65 °F (18.3 °C). Partly cloudy with a high of 83 °F (28.3 °C). Winds variable at 6 to 11 mph (9.7 to 17.7 kph ...

You can get in touch with John by emailing [email protected] An oil tanker and a cargo vessel ... a large fire and thick black smoke, as a map by Newsweek details the locations of the vessels.

Tripoli, March 10 (IANS) Libya’s Government of National Unity (GNU) refuted reports alleging that Libya plans to resettle undocumented immigrants within the country, saying the reports are "misleading ...

Gaddafi's huge fortune was made possible by Libya’s oil. The country has the largest proven oil reserves in Africa, with crude production forming more than 90% of export revenues. At its peak in ...

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Amir Daftari is a Newsweek reporter based in London, specializing in global affairs with a focus on the Middle East. He joined Newsweek in 2024 from the United Nations and has previously worked at ...

Know about Marsa Brega Airport in detail. Find out the location of Marsa Brega Airport on Libya map and also find out airports near to Marsa Brega. This airport locator is a very useful tool for ...

Libya has launched its first exploration bid round in 17 years as part of a strategy to boost oil production by more than 50% to 2 million barrels per day. The last time the country ran an acreage ...