Home / Tag Archives: Oil

Tag Archives: Oil

OPEC Gives Libya Green Light to Double Oil Production

(Author: Libyan Gazette Editorial Staff) The Organization of the Petroleum Exporting Countries (OPEC) is allowing Libya to nearly double its crude oil export despite a deal being developed to cut production to manage the oversupply of crude oil. According in Mustafa Sanalla, the chairman of the National Oil Corporation (NOC) …

Read More »

Libya Accused Russian Sailors of Smuggling Oil

(Author: Libyan Gazette Editorial Staff) The Russian Foreign Ministry confirmed the release of three of its sailors on Tuesday who were detained in Libya. Andrei Krynin, Stanislav Sirotkin and Valery Savitsky were permitted to return to Russia after legal proceedings in Tripoli for an investigation concluded that accused the sailors …

Read More »