Libya Grants First Foreign Oil Licences Since Gaddafi's Fall

Libya Awards First Foreign Oil Licences Since Gaddafi's Fall, Heralding New Era for Energy Industry

Libya has granted its first foreign oil licences since the fall of Muammar Gaddafi in 2011, awarding them to Chevron and BP among other companies. This move is aimed at boosting the country's oil production and meeting growing demand from European markets.