The Ministry of Economy and Trade of the Government of National Unity has revoked its decision to set fixed prices for ...

WASHINGTON — If Libyan strongman Moammar Gadhafi falls, his nation's ability to return to normal will depend in no small part on who controls its production of oil, which is synonymous with the Libyan ...

Libya’s Permanent Representative to the United Nations, Taher El-Sonni, has warned that continued parallel spending outside approved frameworks is exacerbating the country’s exchange rate crisis, ...

Libyans have been enjoying Ramadan with feasts and fireworks -- but soaring prices, a devalued currency and political ...

Libya's prolonged political stalemate, worsening economic conditions and an emerging split within the judiciary pose mounting risks to the country's unity, the UN's top envoy for the country, Hanna ...

Libya's Minister of Oil and Gas announced plans to increase the country's crude oil refining capacity to 400,000 bpd. The country also aims to boost oil production from 1.4 mb/d to 2 mb/d by 2028 but ...

TRIPOLI, March 31 (Reuters) - Half of Libya's economy will shift into private hands within 10 years, a privatisation official said, creating opportunities for foreign investors to snap up assets in ...

Jan 18 (Reuters) - Libya will on Sunday sign a strategic partnership with international firms to expand and develop the Misurata Free Zone, attracting an estimated $2.7 billion in investment, Prime ...

TRIPOLI (Reuters) - Libya's Economy and Trade Minister Mohamed al-Hawij in the internationally recognized government told Reuters he resigned, joining at least two other ministers who resigned earlier ...

The Libya Energy & Economic Summit 2021 will represent the first international energy event in Tripoli in almost a decade, as the North African producer seeks to revive its oil and gas industry ...

Libya is on track to sustained energy sector growth that will likely translate into accelerated economic recovery. As the country pursues increased investment in key oilfields, upcoming projects, and ...