Libya holds Africa's largest proven reserves (48 billion barrels) and has lifted output back toward 1.4 million bpd.
Libya’s vast fossil fuel potential and “investor-friendly reforms” are attracting global energy firms despite the inherent political risks, a boost for the oil-rich African nation.
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Libya oil revenues rise 18% as output hits 10-year high

Libya’s crude oil production hit a 10-year high in 2025 to reach 1.4 million barrels per day (bpd), the National Oil Corporation (NOC) said. Total oil revenues in 2025 jumped by over 18 percent year ...
Libya is launching a strategic plan to rejuvenate its oil and gas sector, aiming to increase oil production from 1.2 million bpd to 2 million bpd in three to five years. To attract foreign investment ...
Ousting of NOC chairman Sanalla may not lead to more stability in Libyan oil exports. Libya produced around 650,000 bpd of crude in June. Ongoing disagreement about a fair distribution of the ...
CAIRO (AP) — Tribal leaders in southern Libya shut down the county’s largest oil field, authorities said Monday, the latest closure of an oil facility amid a bitter standoff between two rival ...
CAIRO (AP) — A pipeline rupture in Libya is spewing thousands of barrels of oil into the desert, as workers scramble to seal off the leak, authorities said Wednesday. The damage to a land pipeline ...
Much of the focus in the oil market has been on the Middle East for months — but on Monday, attention was turning to North Africa, with reports that Libya’s eastern government had halted crude exports ...
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Cairo CNN — Libya ...
U.S. and European oil and gas majors are back to doing business in Libya, a decade after pulling out as civil war engulfed one of the top oil producers and the biggest oil resource holder in Africa.
Libya’s parliament-backed prime minister said closed oil fields and ports in the OPEC country may soon reopen, though his rival’s energy minister said negotiations with protesters were proving ...