Foreign oil majors win exploration licenses in Libya

US multinational Chevron, Italy’s Eni, QatarEnergy, and Spain’s Repsol are among the companies awarded rights, the National Oil Corporation has announced

Libya has awarded new oil and gas exploration blocks to major foreign energy companies in its first upstream licensing round in nearly two decades, as the North African country ties to revive its crucial energy sector.

The state-owned National Oil Corporation (NOC) announced Wednesday...