National Oil Corporation ends decade-long legal dispute to take full ownership of Libya’s Ras Lanuf refinery

Key points Main Story Libya’s state-owned National Oil Corp. (NOC) took full control of the country’s largest refinery on Monday, ending a decade-long legal dispute with a United Arab Emirates-based company. The NOC announced it signed a final agreement with UAE-based Trasta to end their partnership in the Libyan Emirates Oil Refining Co. (LERCO), giving … Continue reading National Oil Corporation ends decade-long legal dispute to take full ownership of Libya’s Ras Lanuf refinery