News

News · 19 Sep 2026 Dollar climbs again against dinar on Libya's parallel market The greenback closed Saturday trading at 9.62 dinars in cash markets across Tripoli, Benghazi, Zliten and Misrata, while bank transfer and cheque rate… 1 min read Oil & Energy · 19 Sep 2026 OMV strikes commercially viable oil find in Libya's Sirte Basin The Austrian energy group says its Issar well holds up to 45 million barrels of recoverable oil, with Zueitina Oil Company set to fast-track developme… 1 min read Oil & Energy · 19 Sep 2026 Oil prices ease as Brent settles at $103.87 and WTI slips below $101 Brent crude fell 0.91% to $103.87 a barrel at settlement, while US West Texas Intermediate dropped 1.58% to close at $100.30, according to CNBC. 1 min read Oil & Energy · 18 Sep 2026 Aramco tells Europe: no oil next month Saudi Aramco has suspended crude allocations to at least two European refining customers after a drone attack forced a shutdown of the kingdom's East-… 1 min read Economy & Finance · 16 Sep 2026 Libya holds $25 million in blocked airline funds, IATA says International carriers cannot repatriate $25 million in revenue earned in Libya due to foreign-exchange restrictions, placing the country ninth global… 1 min read News · 16 Sep 2026 Libya mandates digital trade registration for foreign suppliers and exporters New decree requires suppliers and exporters shipping goods worth $1m or more a year to register on Libya's unified digital trade platform from January… 1 min read Oil & Energy · 16 Sep 2026 Libya Sells 1 Million Barrels of Crude to India at $23 Premium Indian Oil Corp bought one million barrels of Libya's Sarir/Mesla blend for November delivery at $23 a barrel above October Brent, trade sources told… 1 min read Oil & Energy · 14 Sep 2026 Oil prices climb 3% as new attacks hit Saudi energy sites and Gulf shipping Brent rises to $107.54 a barrel and WTI to $102.93 after fresh strikes on Saudi infrastructure and Iranian attacks on vessels in the Gulf deepen suppl… 1 min read Oil & Energy · 14 Sep 2026 Russia signals readiness to help modernise Libya's energy infrastructure Russian companies are prepared to work on Libyan power plants, oil export terminals and refineries given concrete proposals from Tripoli, the Russian… 1 min read Oil & Energy · 13 Sep 2026 Petroleum Facilities Guard shuts down Zawiya oil refinery over unresolved pay demands Guards block the refinery with earth berms on Sunday morning, escalating a long-running dispute over unpaid dues and unresolved administrative status. 1 min read News · 13 Sep 2026 Libya's GECOL contracts Egypt's Elmadco to build three power plants worth €100m Bloomberg reports the 660-megawatt project, backed partly by Bahrain's ABC Bank, comes as Egypt studies raising electricity interconnection capacity w… 1 min read News · 12 Sep 2026 Libya's National Development Authority offers to fund Tunis-Carthage airport upgrade At the Libyan-French economic summit, the authority cites its track record developing airports in eastern and southern Libya as it proposes financing… 1 min read