Libya’s National Oil Corporation plans to reopen oil sector for foreign investment again, the country’s top oil official has declared, a step that aims to recover the country’s ailing economy.

Tunisian and Libya agreed to resume vital trade through the Ras Jedir crosspoint after a week of unrest, a source close to the negotiations said, a decision Tunis hopes will end angry protests in the border region.

The media head of Misrata’s Third Force now confronting Libyan National Army units in and around Sebha, has quit.

Anger in Libya over an agreement last Sunday between Libyan and Tunisian municipalities on either side of the border that is said to give Tunisian traders a significant financial advantage over Libyans is growing.

In a detailed analysis, former General National Congress (GNC) member and current House of Representatives (HoR) member for Zintan, Abdualslam Nasia, has declared the ‘‘Temporary Financial Arrangements’’ or budget, released by the Faiez Serraj Presidency Council and Government of National Accord (GNA) as illegal and unconstitutional on a number of …

Western Petroleum Facilities Guard (PFG) is involved in fuel smuggling amid the current hardships in Libya, said the Chairman of the National Oil Corporation (NOC) Mustafa Sanallah on Sunday.

The Central Bank of Libya (CBL) announced, on Thursday, that it agreed to start implementing the temporary financial procedures provided by the Presidential Council (PC) of the Government of National Accord (GNA).

The head of the National Oil Corporation (NOC), Mustafa Sanalla, said that “the management and distribution mechanisms of oil revenues are the core issues around which conflicts revolve, such problems are not seriously discussed until now, six years after the revolution.”

Acacus Oil Firm, which is operating Al-Sharara oilfield in southwestern Libya, confirmed that oil production at Al-Sharara oilfield is being pursued increasingly since Wednesday morning after the reopening of the pipelines that connect the oilfield to Al-Zawiya refinery.

The first tanker to moor at the Sidra terminal since it was attacked two years ago by Libya Dawn forces and several of its oil storage tanks set on fire has taken on cargo of crude oil. According to reports, the tanker is the Maltese-registered SeaMusic.