Firing of the NOC Chairman Risks Politicizing Libya’s Oil Company
July 16th, 2022
Courtesy of STRATFOR (subscription required), a report on how the recent firing of the NOC Chairman risks politicizing Libya’s oil company: In firing Libya’s National Oil Corporation (NOC) board of directors, Prime Minister Abdul Hamid Dbeibah is trying to end oil blockades and encourage his eastern-based rival Khalifa Hifter to enter negotiations on a possible political settlement. But […]
Read more »Warning Signs Over Libya’s Oil Production
September 27th, 2019
Courtesy of STRATFOR (subscription required), a report on Libya’s oil production: HIGHLIGHTS Any attempt by the National Oil Corporation to further restrict supplies of kerosene, diesel and jet fuel to eastern Libya risks upending the balance of Libya’s oil sector, which has maintained production of about 1 million barrels per day despite the outbreak of […]
Read more »Libyan Oil: A Bittersweet Return?
December 24th, 2016
Via the Foreign Policy Association, a look at the impact of Libyan oil re-entering the global market: After a series of skirmishes, frantic deal making now looks to have brought about the surprise return to force of Libya in the oil export market. However Libyan oil coming back online could jeopardize a fragile production cut […]
Read more »Libya’s Rival NOC Oil Companies Agree To Merge
July 5th, 2016
Courtesy of Reuters, an article on consolidation in the Libyan petroleum sector: Libya’s state energy company National Oil Corporation has agreed to merge with a rival company established in the east by one of the country’s two former competing governments, the NOC said in a statement. The merging of the two NOCs is a positive […]
Read more »Libya’s State Oil Company Declares Independence
March 20th, 2015
Via the Wall Street Journal, a report on Libya’s National Oil Company’s statements of neutrality in the conflict between the government based in Baida and the Libya Dawn movement: Libya’s state-owned National Oil Co. has issued a declaration of independence. The company said on its website Thursday it was neutral in the conflict between an […]
Read more »A Libyan View On National Oil Companies
November 3rd, 2010
Via McKinsey Quarterly, an in-depth interview with Dr. Shokri Ghanem, chairman of Libya’s National Oil Corporation, about the future of energy pricing, the operation of national oil companies, and their changing relationship with the international oil majors: “…Since the day in 1968 when Dr. Shokri Ghanem took a post at Libya’s Ministry of Petroleum, he […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.