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for interactive Dashboard click here Introduction Libya is a member of the Organization of the Petroleum Exporting Countries , the holder of Africa’s largest proved crude oil reserves, and the fifth-largest holder of Africa’s proved natural gas reserves .   more info: International - U.S. Energy Information Administration (EIA)   Geologic information   The main producing basins of Libya are in order of importance: Sirt Basin (Mesozoic) , Ghadamis Basin (Palaeozoic) , Murzuq Basin(Palaeozoic ) , and Tripolitania (Subrata) Offshore Basin. more info: Libyan Oil Basins - SEPM Strata   Petroleum Management   Petroleum industry in Libya is controlled by The National Oil Corporation (NOC; Arabic: المؤسسة الوطنية للنفط ‎) which is the national oil company of Libya. It dominates Libya's oil industry, along with several smaller subsidiaries, which combined account for around 70% the country's oil output of NOC's subsidiaries, the largest oil producer is the Waha Oil Comp...

Libya’s comeback continues to surprise oil markets (WorldOil)

Crude output has surged to nearly 1.25 million barrels a day from almost a dead start in September, thanks to a tentative peace between rival military forces. The OPEC member is already pumping about three-fourths as much as it did before the 2011 uprising that toppled strongman Moammar Al Qaddafi and triggered the country’s political and economic collapse.