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  • TOTAL ENERGIES, CONOCOPHILLIPS SIGNS MASSIVE 25- YEAR LIBYA OIL PACT. 

    Libya has signed a 25-year oil development agreement with France’s TotalEnergies and US-based ConocoPhillips, involving over $20 billion in foreign investment, Prime Minister Abdulhamid al-Dbeibah announced. The deal, signed through Waha Oil Company, aims to increase production capacity by up to 850,000 barrels per day (bpd) and generate $376 billion in net revenues. Waha’s daily…

    by

    Soburah Oyenike

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