
Libya Aims to Plant One Million Trees by 2026
The campaign focuses on planting trees at oil sites and in surrounding municipalities to absorb carbon dioxide, improve air quality, and restore biodiversity. According to the NOC, the third phase will target industrial areas where the environmental impact of oil operations is most concentrated. It will also expand to nearby communities affected by pollution and desertification.
The NOC stated that the initiative is part of its long-term sustainability strategy to plant one million trees across Libya by 2026. Thousands of trees were already planted during the first and second phases, and each stage of the campaign is designed to address both ecological and community needs. The effort is being carried out in collaboration with local partners, international organizations, and workers from the oil and gas sector.
The corporation emphasized that tree planting is not just symbolic, but a tangible way to reduce environmental damage caused by decades of industrial activity. It added that involving oil workers and nearby residents helps build local ownership and long-term engagement in climate action.
The second phase of the initiative, completed in April, focused on the Al-Wahat region, where over 55,000 trees were planted. The third phase will build on that model, expanding to additional regions with similar environmental pressures.
With Libya's oil industry playing a central role in the national economy, the NOC is positioning this initiative as a key part of its environmental and social responsibility.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Libya Review
10 hours ago
- Libya Review
ExxonMobil Set to Return to Libya with Offshore Gas Exploration Deal
ExxonMobil is reportedly preparing to re-enter Libya's energy sector through a preliminary agreement that would grant the company rights to explore offshore natural gas resources. The move would mark ExxonMobil's first major activity in Libya in nearly a decade, signaling a broader return of international energy companies to the oil-rich North African nation. According to Energy Intelligence, the American energy giant is also participating in Libya's first oil and gas licensing round in years, organized by the country's National Oil Corporation (NOC). Over 40 international firms have reportedly expressed interest in the bidding process, as Libya opens its vast and largely untapped reserves to foreign investment once again. Libya, home to more than 90 billion barrels of undeveloped oil and gas reserves, is seeking to boost its current oil production—estimated between 1.3 and 1.4 million barrels per day—to 2 million barrels daily within the next three years. That goal depends heavily on attracting new investment, particularly in offshore and underexplored regions. ExxonMobil's renewed interest underscores the country's long-term energy potential, especially in the face of global energy demand shifts and growing competition for new gas supply routes. If finalized, the deal would enhance Libya's efforts to stabilize its energy sector and restore its role as a key global supplier. The timing also aligns with ExxonMobil's strong performance in international markets. Wall Street analysts have projected a one-year target price for ExxonMobil shares at $123, up from a current price of $112.20, with some forecasts reaching as high as $140—reflecting optimism about the company's global expansion strategy. Tags: EnergyExxonMobilgaslibya


Libya Review
5 days ago
- Libya Review
Libya Aims to Plant One Million Trees by 2026
Libya's National Oil Corporation (NOC) announced on Monday that it is preparing to launch the third phase of its ambitious 'Million Trees' initiative, aimed at reducing carbon emissions and enhancing environmental sustainability in and around the country's oil production zones. The campaign focuses on planting trees at oil sites and in surrounding municipalities to absorb carbon dioxide, improve air quality, and restore biodiversity. According to the NOC, the third phase will target industrial areas where the environmental impact of oil operations is most concentrated. It will also expand to nearby communities affected by pollution and desertification. The NOC stated that the initiative is part of its long-term sustainability strategy to plant one million trees across Libya by 2026. Thousands of trees were already planted during the first and second phases, and each stage of the campaign is designed to address both ecological and community needs. The effort is being carried out in collaboration with local partners, international organizations, and workers from the oil and gas sector. The corporation emphasized that tree planting is not just symbolic, but a tangible way to reduce environmental damage caused by decades of industrial activity. It added that involving oil workers and nearby residents helps build local ownership and long-term engagement in climate action. The second phase of the initiative, completed in April, focused on the Al-Wahat region, where over 55,000 trees were planted. The third phase will build on that model, expanding to additional regions with similar environmental pressures. With Libya's oil industry playing a central role in the national economy, the NOC is positioning this initiative as a key part of its environmental and social responsibility.


Libya Review
25-07-2025
- Libya Review
ExxonMobil & ConocoPhillips to Sign Energy Deals in Libya
Libya's National Oil Corporation (NOC) is preparing to sign two major agreements with leading US energy companies, ExxonMobil and ConocoPhillips, aimed at boosting the country's oil and gas production. The announcement was made by Masad Boulos, Senior Advisor to the US President for Middle East and Africa Affairs, in a video shared by the US Embassy on Friday. Boulos confirmed that a memorandum of understanding between NOC and ExxonMobil is expected soon. The agreement will focus on offshore gas exploration studies, which he said would enhance Libya's capabilities in the energy sector and attract new investment. In addition, Boulos revealed that a second agreement is being finalised with the Waha Oil Company's partners, including ConocoPhillips, to develop key oilfields. 'This deal involves millions of dollars in investments and is expected to nearly double Waha Oil's production capacity,' he stated. The US official emphasised that these partnerships reflect a shared interest in strengthening energy cooperation. 'Together, we are building stronger ties that will make both America and Libya more prosperous,' he said. Earlier this week, Boulos attended a signing ceremony for a $235 million contract between NOC and US-based Hill International. The agreement supports the development of the A and B structure projects, which are expected to contribute significantly to Libya's oil infrastructure. These upcoming deals underline NOC's strategy to attract international expertise and capital to revitalise Libya's energy industry, which remains the backbone of the national economy. Tags: ConocoPhillipsExxonMobilgaslibyanocoil