La National Oil Corporation Libya's (NOC) said yesterday, Friday, that its Al Waha subsidiary managed to increase its production by 40.000 barrels per day, from October 2022. The well was completed and tested with satisfactory results in excess of three thousand barrels. Noc is carrying out various projects to increase oil production in the country that is a member of the OPEC oil cartel from the current 1,2 million barrels per day to 1,4 million barrels per day by the end of 2024, and then rise to 2 million barrels during 2025. The field of which Eni is the operator extracts over XNUMX thousand barrels of oil of a quality low in sulfur and very easy to refine. The country, in fact, imported around 14,5 million tonnes of crude oil, down by 3,3, 2023 percent compared to the same period in 38.
Source:Libya Today
June 01, 2024 10:14 UTC
However, Africa’s potential remains largely untapped as the continent continues to export raw materials while importing finished goods. Dangote is one African whose unwavering commitment to Africa's advancement is reshaping industries and driving self-sufficiency across the continent. His company's landmark achievement, the completion of Africa's largest petroleum refinery, marks a significant milestone in the continent's quest for self-reliance. So, we need to really change it by making sure that we don't just produce raw material. One of the things that we need to know as Africans is that yes, we produce raw materials, and then export them.
Source:Libya Today
June 01, 2024 09:35 UTC
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Source:Libya Today
June 01, 2024 06:56 UTC
(Copy & Paste This Website on you browser to watch LIVE. ➡️➤COPY TO WATCH➡️ https://cutt.ly/Xeub4hzb. BAL Final 2024Basketball Africa League Final 2024Petro de Luanda vs Libya Al Ahly LyThere were semi-final defeats in 2021 and 2023 - the latter of which came when they were expected to win the tournament - and a heartbreaking final defeat to US Monastir in 2022. There's always different philosophies, different approaches, but the fact that we have a new coach right now after nearly four years [under Neto] just makes us unpredictable. "No-one knows what we're going to do; no-one knows how we're going to do things and this can be a thing in our favour."
Source:Libya Today
June 01, 2024 02:36 UTC
Russian Deputy Defense Minister Junus-bek Yevkurov, arrived today at Benina Airport in Benghazi, eastern Libya, on his fifth visit to the country since last August. Khaled Haftar, former commander of the NLA's 106th Brigade, has attracted attention for his rapid rise in the military. Since last summer, Khaled has been placed head of the NLA "Security Forces", a new entity that also includes the Khalid ibn al Walid Brigade, one of the strongest militias in eastern Libya. The same Russian official then returned to eastern Libya in October 2023, following devastating floods in the Derna region, to meet Haftar again. The Russian Deputy Defense Minister then made another visit to Benghazi last December, during which he met Haftar again, focusing on the modalities of joint cooperation, as reported by the Cyrenaica media.
Source:Libya Today
May 31, 2024 15:00 UTC
SummaryTreating extreme weather events as “unexpected emergencies” is no longer possible for safety, health and environmental management. The frequency, intensity and widespread occurrence of extreme weather events requires formal risk investigation, prioritization and response planning that includes ongoing threat assessment, regular training, drills and continuous improvement. How to provide workable backups and alternatives for supply and distribution channels and connecting transportation. Employee Safety and Productivity: Predicting employee responses to extreme weather risks and prioritizing needed support, training and backups. Predicting employee responses to extreme weather risks and prioritizing needed support, training and backups.
Source:Libya Today
May 31, 2024 14:13 UTC
SummaryIt’s not easy being an EHS manager today, and part of the challenge comes from feeling isolated and not knowing how your management practices compare to those of peers in other organizations. Better access to information about the “state of the market” in EHS management can provide a much-needed perspective to help you assess and improve your programs. VelocityEHS, a global leader in EHS and ESG software, recently partnered with EHS Today to survey hundreds of EHS professionals to benchmark current practices and trends in EHS management. Anyone responsible for managing EHS will want to delve into these results and learn some takeaways. Join our subject matter experts for this new webinar presenting the survey methodology and results, including a live Q & A for attendees.
Source:Libya Today
May 31, 2024 13:49 UTC
The American Chamber of Commerce in Libya (AmCham Libya) informed Libya Herald today that it is organizing a delegation of U.S. companies active in the oil & gas sector for a trade mission to Tripoli from 2 to 3 July. AmCham had previously organised an American company trade mission in Tripoli in 2021, and this is a follow up on that event. Libya’s commercial opportunities are significantDebbie Hirst, President of AmCham Libya said, “Libya contains Africa’s largest oil reserves, and is investing significantly to maintain existing infrastructure, develop new production, and achieve environmental goals, including a reduction in gas flaring. AmCham Libya is an independent affiliate of the U.S. Chamber of Commerce. Any companies who are interested in participating can reach out to AmCham Libya at [email protected].
Source:Libya Today
May 31, 2024 13:01 UTC
Dbeibah, Saied discuss reopening Ras Ajdair border http://lyo.ly/5k79Council of Arab Information Ministers names Tripoli as headquarters for Arab Peace Institute http://lyo.ly/5k78Menfi arrives in Chad and holds talks with President Deby http://lyo.ly/5k77Qatar relief project assists thousands impacted by Derna disaster http://lyo.ly/5k6vFrom Benghazi to Nicaragua: Shady flights despite airspace ban http://lyo.ly/5k6rAudit Bureau prepares to issue its annual report for 2023 http://lyo.ly/5k6qKoury holds political discussions with Al-Koni http://lyo.ly/5k6oUNSMIL reaffirms support for women participation in political process http://lyo.ly/5k70NOC, Turkish TIPEC initiate talks on industry collaboration http://lyo.ly/5k6z15 open-heart surgeries were performed in Benghazi http://lyo.ly/5k6pLibyan and Moroccan health officials review cooperation in medicine, insurance http://lyo.ly/5k6nOil wealth propels Libya into top ten of Africa's wealthiest countries http://lyo.ly/5k6xAl-Ahly Benghazi qualifies to African Basketball League's final http://lyo.ly/5k76Europe is ready to help Libya face illegal immigration challenges, delegation says http://lyo.ly/5k6lLibyan PM and Chinese Foreign Minister discuss activating 18 agreements http://lyo.ly/5k6kMenfi in Nairobi to participate in meetings of African Bank and African Development Fund http://lyo.ly/5k6iKoury discusses with leaders and coordinators of Libyan parties ways to advance political process http://lyo.ly/5k67Al-Haddad discusses with Orlando EU role in enhancing stability in Libya http://lyo.ly/5k662nd Conference on Women and Elections launched in Tripoli http://lyo.ly/5k64Libyan PM visits China to strengthen bilateral relations http://lyo.ly/5k62EU, Libya discuss efforts to develop institutional capacities http://lyo.ly/5k69Mohamed Aoun returns to assume his duties in Oil Ministry http://lyo.ly/5k65GNU, TIKA discuss cooperation in technical and vocational education http://lyo.ly/5k68
Source:Libya Observer
May 31, 2024 09:43 UTC
Bayt Ali Gana ("Ali Gana's House" in Arabic) finally opened this year, and seeks to offer both retrospection and hope in a country constantly threatened by violence and where arts and culture stand largely neglected. Once past a lush garden, visitors reach the museum's permanent exhibition of paintings, sculptures and sketches by the masterful Ali Gana. Set on a wall, an old shipping container houses an artist residency for "curators and museologists" whose skills are scarce in Libya, said Hadia Gana. During the unrest that began in 2011, Hadia Gana said she feared "losing everything if a rocket hit the house". Hadia Gana lamented that while museums should be educational spaces, "here in Libya, we don't have that notion yet".
Source:Libya Today
May 31, 2024 03:21 UTC
AI in general, and generative AI in particular, present myriad business challenges and opportunities for accounting professionals. As this technology continues to evolve, firms are considering use cases and how to apply policies and procedures to make the most of AI, while avoiding its pitfalls (e.g., hallucinations, misinformation, etc.). Using recent data from accounting professionals, this white paper explores this timely topic, including:
Source:Libya Today
May 30, 2024 18:42 UTC
While excavating an ancient Greek palace in eastern Libya in the 1930s, an archaeologist dug up a large earthen storage jar, looked inside and spotted something unexpected — a 2,200-year-old sculpture of a bearded man carved from basalt, a dark volcanic stone. The two-foot-tall antiquity, most likely chiseled during ancient Egypt’s Ptolemaic Dynasty, was a rare find. Known as a striding male figure, it is one of only 33 statues like it known to exist, Egyptologists say. But it wasn’t long before thieves got ahold of the bearded figure and took it on an illicit odyssey that brought it, in 1991, to the Cleveland Museum of Art. On Wednesday, after curators had reviewed abundant proof that the item was stolen from Libya, including photos of it on display in the 1940s at a small museum near its discovery site, the museum agreed to transfer ownership to Libyan officials.
Source:Libya Today
May 30, 2024 17:23 UTC
The Qatar Fund for Development has announced the successful completion of a relief project aimed at aiding over 18,000 families. In collaboration with the International Committee of the Red Cross, the initiative extended support to nearly 100,000 individuals across diverse communities. According to a statement by the Fund, the project targeted approximately 6,499 families affected by the Derna disaster, delivering essential food supplies and household items. "The aid facilitated economic recovery by granting assistance to 538 families to either initiate or restart their businesses, thereby enhancing their financial autonomy and resilience," the statement noted. The fund also highlighted that the project improved living conditions for around 8,328 families by providing essential materials and offering financial aid to approximately 82 families.
Source:Libya Observer
May 30, 2024 16:13 UTC
Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, met respectively with foreign guests who came to China to attend the 10th ministerial meeting of the China-Arab States Cooperation Forum, in Beijing on Wednesday. Dbeibah said that Libya attaches great importance to developing relations with China and firmly adheres to the one-China principle. Hussein said that developing relations with China is a diplomatic priority of the Iraqi government, and Iraq always firmly supports China in safeguarding its core interests. During the meeting with Algerian Minister of Foreign Affairs and National Community Abroad Ahmed Attaf, Wang said that China and Algeria are sincere friends and natural partners. When meeting with Syrian Foreign Minister Faisal Mekdad, Wang expressed congratulations on Syria's return to the Arab League family.
Source:Libya Today
May 30, 2024 15:38 UTC
The Libyan Businessmen’s Council (LBC) reported yesterday that on the occasion of the resumption of the work of the Serbian embassy in Tripoli, and the transfer of its services from Tunisia, including its consular section services, the Ambassador of Serbia, Dragon Todorovic, visited the LBC yesterday. During the meeting, bilateral relations between the two countries and support for trade and economic programmes, were discussed. The ambassador expressed his happiness at returning to work in Libya based on his previous experience working at the Serbian embassy in Tripoli, and his good relations with Libyan institutions and bodies in the public and private sectors. He stressed his interest in economic cooperation and empowering the private sector in the two countries to support this sector, as well as interest in exchanging delegations and visits between the two countries. For his part, the LBC Executive Director gave an overview of the LBC and its objectives and stressed its support for cooperation between the two countries and the provision of all facilities in this regard.
Source:Libya Today
May 30, 2024 14:33 UTC