Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek, told Reuters on Saturday, ...

Speaking at the third Libya Energy and Economy Summit in Tripoli on Saturday, Sulaiman announced that Libya's oil sector is ...

The food crisis was largely a result of the sharp hike in the price of crude oil in 1973, as a consequence of the combined actions taken by the Organization of Petroleum Exporting Countries or OPEC.

Chief Executive Olivier Le Peuch said the company's digital and integration revenue rose 10% from a year ago, driven by 20% growth in digital revenue to $2.44 billion for the year. The business is ...