News

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 Economy & Finance · 9 Sep 2026 Libya's long-term investment portfolio posts $1.25bn in returns for 2025, chairman says Abdulfattah Ghaffar tells CNN Business Arabic the fund manages some $13 billion in assets and is awaiting UN clearance to redeploy frozen holdings thr… 1 min read Oil & Energy · 9 Sep 2026 Brent crude surges past $100 a barrel for first time since May as Middle East conflict escalates The global oil benchmark jumps more than 6 per cent in a single session, its highest level in over three months, as the war between the United States… 1 min read Oil & Energy · 9 Sep 2026 Bank of America warns oil could hit $150 a barrel if US-Iran war drags on Tehran vows retaliation will continue as Washington says it destroyed three Iranian oil tankers, while Hormuz traffic remains thin and European gas pr… 1 min read News · 4 Sep 2026 University of Benghazi reopens a decade after war damage The university reopened this evening with its faculties and facilities fully restored, a decade after extremist groups devastated the campus during Be… 1 min read News · 4 Sep 2026 Economy minister represents Libya at Arab League economic council session Suhail Abu Shiha attended the 118th session of the Arab Economic and Social Council, which addressed Palestinian economic support, food security and d… 1 min read Oil & Energy · 4 Sep 2026 Brega launches 24-hour operations room to handle fuel complaints Brega Oil Marketing Company said the new operations room will track reports on fuel shortages, station closures and overcrowding as part of efforts to… 1 min read News · 3 Sep 2026 Saied and Menfi discuss cross-border trade and Tunisia-Libya ties Tunisian President Kais Saied and Presidential Council chief Mohamed Al-Menfi discussed easing the movement of people and goods across border crossing… 1 min read Economy & Finance · 3 Sep 2026 Amal Al-Saudi becomes first woman to chair a Libyan bank Al-Saudi, a trade finance specialist with over 30 years' experience across the MENA region, was named chairwoman of United Bank for Commerce and Inves… 1 min read