Oil India Ltd. (OIL) has expressed renewed interest in resuming operations in Libya and is currently in talks with state-owned National Oil Corp. (NOC) on the exploration of two new blocks in the North African country, according to the Indian company’s chairman Ranjit Rath . OIL became active in 1992, when it first acquired upstream assets in various Libyan basins, but quit the country in 2011, following the popular uprising that resulted in extended political unrest and civil war. Now the company is looking to start drilling once again, largely due to the return of some degree of stability to Libya , as well as the announcement of governmental incentives. Other Indian firms, including ONGC and IOC , have also expressed interest in potential partnerships with NOC to enter Libya . The North African country is now working to attracting more foreign investment and has said it intends to make changes in the fiscal regime covering oil and gas investments.

February 12, 2024 05:04 UTC

Planting a million trees” starting from the areas of Al-Assa, Al-Jufra and Al-Aziziyah as part of the “We Think About Tomorrow” initiative to reduce carbon emissions. Yesterday, Libya’s state National Oil Corporation (NOC) announced the launch of the first phase of its campaign to plant one million trees. The campaign was launched in the areas of Al-Assa, the Al-Jufra, and Al-Aziziya areas of western Libya. The campaign aims to plant one million trees in 40 sites distributed throughout all regions of Libya. At COP28, NOC launches ambitious ‘Think Tomorrow’ environmental initiative (libyaherald.com)Oilinvest launches one million tree forestation initiative in Libya for Greenhouse Gas Removal (libyaherald.com)Ministry of Planning confirms development of integrated plan to plant 100 million trees by 2030 (libyaherald.com)The 2023-24 tree planting season launched to activate the 100 million trees by 2030 initiative (libyaherald.com)Tree-planting campaign launched in Sirte (libyaherald.com)Gharian to plant one million olive trees and 500k almond trees (libyaherald.com)Libya aims to plant 20 million olive trees through private sector (libyaherald.com)

February 11, 2024 22:09 UTC

The Benghazi Chamber of Commerce, Industry and Agriculture today announced the holding of the Libyan-Tunisian Trade Forum in the city of Benghazi on 13 February. The event will be held in cooperation with Emaar Libya Holding Company and the Tunisian Export Promotion Centre (Centre de Promotion des Exportations de la Tunisie – CEPEX). The Benghazi Chamber said the Tunisian companies participating are in the following sectors:1- Interior and exterior paint and building supplements and supplies. 9- Cement industries and chemical products processing water, concrete, sponge and additives to treat moisture. 12- Private transportation and transportation companies.

February 11, 2024 21:42 UTC

The Russian Ambassador to Libya, Aydar Aganin, announced on Thursday that the opening of the Russian General Consulate in Benghazi will be postponed until further notice following a “negative response” from the Government of National Unity (GNU). However, the establishment of a Russian diplomatic presence in Benghazi has encountered certain obstacles due to the current stance of the authorities in Tripoli, as per the remarks of the ambassador. He expressed optimism that a favourable response would be received soon, emphasizing that such a step would facilitate the flow of Russian humanitarian aid to areas affected by Storm Daniel in eastern Libya, including Derna. According to the Russian Ambassador, seven aircraft from the Ministry of Emergency Situations and Defence have delivered humanitarian and medical aid to eastern Libya. On December 7 last year, the Russian Ambassador announced that the Moscow Embassy is operating at full capacity from Tripoli and providing its services as usual.

February 11, 2024 12:29 UTC

DUBAI: The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Sunday she was confident about the economic outlook despite uncertainties around war and geopolitics as the global economy has remained resilient. She added that in addition to savings, eliminating regressive energy subsidies “discourages pollution, and helps improve social spending,” in a copy of the speech published on the IMF website. “While uncertainties are still high, we can be a bit more confident about the economic outlook, because the global economy has been surprisingly resilient,” she said in the speech. Speaking about the conflict in Gaza, Georgieva warned of widening consequences. And further widening of the conflict would aggravate the economic harm,” she said.

February 11, 2024 07:10 UTC





Recent missile and drone strikes by Iran, a would-be nuclear power, on nuclear-armed Pakistan’s territory are particularly worrying. Iranian strikes in Syria, for example, followed suicide bombings that killed nearly 100 people in the Iranian city of Kerman. That is indeed what happened: On Jan 18, Pakistan launched air strikes against militant groups in Iran, killing nine people. Iran and Pakistan have accused each other for years of sheltering militants along their shared 559-mile border. Pakistan has long believed that Iran is supporting separatist groups in Balochistan, and in 2017, it shot down an Iranian drone over the province.

February 10, 2024 23:19 UTC

The envoy of French President Emmanuel Macron, Paul Soler, and the French Ambassador to Libya, Mustafa Mehraj, met with the head of Libya’s Presidential Council, Mohamed al-Menfi, and affirmed “France’s commitment to continuing stability in Libya and its full support for al-Menfi’s efforts in addressing the current political crisis to hold comprehensive and fair elections.”According to a statement from the media office of the Presidential Council head, the French envoy praised al-Menfi’s role in “confronting the political deadlock,” confirming that Paris “will stand by him in all his steps aimed at ensuring the participation of all Libyan parties in the upcoming elections.”The two French representatives also affirmed their country’s support for the work of Libya’s High National Elections Commission, in line with principles of transparency, disclosure, and rationalized spending, as part of strengthening economic cooperation between the two countries. For his part, al-Menfi “praised France’s pivotal role in supporting Libya, and his expectation to continue coordination with it regarding preparations for elections and supporting stability in the country.”

February 10, 2024 22:09 UTC

Libyan Railroads announced Thursday that its chairman, Saeed Salem Al-Kilani, had signed on the same day in Benghazi a memorandum of understanding with the Minister of Investment in the eastern based Libyan government, Ali Al-Saidi, and the chairman of the Chinese BFI Consortium, Saleh Attia. The MoU entails the implementation of the railway lines extending from the city of Benghazi to the border municipality of Musaed and the Egyptian city of Marsa Matrouh. It was agreed to launch work effectively and directly on these tracks as soon as the designs approved by Libyan Railroads are received. Libyan Railroads said the MoU is a qualitative step towards activating work to achieve its goals.

February 10, 2024 07:53 UTC

The Minister of Oil and Gas, Mohammed Aoun, has received the Deputy Director of Programs at the Expertise France, Mohamed Al-Aswad, to discuss intensifying joint work towards a green economy and clean energy. Both sides discussed the green economy and digitization systems in the oil and gas sector, reviewing ways to keep pace with energy market changes and the extent to which education outcomes are compatible with the labour market.

February 10, 2024 01:47 UTC

The repatriation occurred in collaboration with the International Organisation for Migration (IOM). This was done under the Voluntary Humanitarian Return (VHR) programme for 2023. A third batch of 134 Ghanaians was repatriated from Misrata to Ghana under the same programme on October 10, 2023. In total, 629 Ghanaians were beneficiaries of Voluntary Humanitarian Return programme in 2023As part of the repatriation, Ghanaians in detention centres or with medical challenges were given priority. Individuals with children, stranded persons and people who were destitute and needing assistance to return to Ghana were also prioritised.

February 10, 2024 01:00 UTC

Fidan emphasized Turkey’s support for Libya and its commitment to preventing further conflict in the country. As a result of the improving relations with eastern Libya, Turkey has decided to reopen its consulate in Benghazi. This agreement paved the way for increased Turkish military support, including the deployment of troops and provision of military equipment to the GNA. Kacır expressed Turkey’s keen interest in enhancing cooperation with Egypt and welcomed the proposal for collaboration. In conclusion, Egypt and Libya are expected to experience developments shortly with Turkey, including the reopening of files and cooperation that did not exist before.

February 09, 2024 23:23 UTC

02/09/2024 February 9, 2024A volunteer conservationist in the coastal city of Al-Khums has taken it upon himself to water hundreds of trees. The 65 year old has spent years planting trees and raising awareness. But the fast-changing climate now means even more is required.

February 09, 2024 20:31 UTC

The 2 nd Household Expo 2024 will be held from 14 to 15 February in Tripoli. I agreeThis website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy

February 09, 2024 15:57 UTC

The National Commission for Human Rights in Libya (NCHRL) announced that it was monitoring the continued efforts of the Tunisian authorities to transfer immigrants to the Tunisian-Libyan border areas, and to push them to enter Libyan territory. In a statement issued on Wednesday, the NCHRL indicated that the Stabilization Support Apparatus announced on Sunday the arrest of 100 illegal immigrants of different nationalities as they illegally crossed Libyan territory across the Tunisian border. NCHRL held the Border Guard Apparatus, which is affiliated with the Ministry of the Interior, and the designated Minister of the Interior fully and legally responsible for the continuation of what it called "collusion with the Tunisian side" in the operations of deporting illegal immigrants and asylum seekers who are on Tunisian territory and bringing them to the Libyan border, despite the Minister’s announcement that his Ministry is responsible for the Government of National Unity's controlling and fully securing the Libyan-Tunisian border during the month of December last year. NCHRL also called on the Attorney General's Office to open a comprehensive investigation into the operations of bringing illegal immigrants and asylum seekers from the Tunisian border to the Libyan border, and to hold those responsible from the Border Guard accountable for negligence in securing the Libyan border with the Tunisian side.

February 09, 2024 13:11 UTC

The Attorney General’s Office reported yesterday that the Criminal Court has issued a ruling convicting a former head of the Libyan Mission to South Africa and the Financial Controller assigned to the mission. They were convicted for 6 months each with a suspended penalty for harming public funds and harming the interests entrusted to them.

February 09, 2024 11:48 UTC