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The Latest Breaking News from NOC

Libya Resumes Oil Exports from Es Sider Port

Libya resumed exporting crude oil from Es Sider port on Thursday, the oil ministry said on Thursday. Libya's Waha Oil Company resumed production at its fields with an initial capacity of 15,000 barrels per day, which is expected to reach 30,000 bpd by the end of the day, the ministry…

Asharq Al-Awsat

Libya's new govt-appointed NOC chief says no change to company status

Farhat Bengdara, who was declared chairman of Libya's National Oil Corp last week by the Government of National Unity in Tripoli, said his appointment did not change the company's legal position after its validity was challenged.

Reuters

Libyan PM makes alliance with ex-enemy to cement ceasefire

Prospect of Abdul Hamid Dbeibeh and Khalifa Haftar burying differences may be welcomed by UN

The Guardian - UK

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2 Defense Stocks to Beat the Bear Market

With a hawkish Fed and rising recession risk, there are very few areas for investors to find outperformance. One option is defense & aerospace stocks as these companies' revenues are pretty insulated from economic or monetary policy. Read on to find out why Lockheed Martin (LMT) and Northrop Grumman (NOC)…

StockNews.com

Libyan oil firm chief denounces Tripoli’s move to replace him

The National Oil Corporation claims Tripoli government forces stormed its headquarters to install new director.

Al Jazeera

US Embassy alarmed by power struggle at Libya's oil company

The U.S. Embassy in Libya is voicing concern over the struggle for control of Libya’s oil corporation after its chairman was sacked

The Independent UK

Libyan parliament rejects Tripoli's move to sack state energy firm head

The energy committee of Libya's eastern-based parliament on Thursday rejected a government move to sack the head of National Oil Corporation (NOC), deepening a power struggle for control of the energy firm whose exports fund the entire state.

Reuters

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Libya's NOC chief ignores government order firing him

The head of Libya's National Oil Corp (NOC), Mustafa Sanalla, ignored a government order sacking him on Wednesday as he returned to Tripoli from Islam's haj pilgrimage, but said he would make a speech later.

Reuters

Libya's GNU to Replace Oil Chairman Sanalla

Libya's Government of National Unity (GNU) moved to replace the National Oil Corp (NOC) chairman and board on Tuesday as control over the state energy producer was drawn further into a complex political standoff between rival factions. According to the text of the decision confirmed to Reuters by a GNU…

Asharq Al-Awsat

Why This Analyst Is Bullish On These 2 Stocks: XPeng And An American Defense Company

Gianni Di Poce is an analyst at The Mercator, a research company dedicated to the study of economic and financial market trends.

Benzinga

Dow Jones Futures Fall After Techs Lead Stock Market Rebound; Investors See End To Fed Rate Hikes

Apple and other techs led a big rally off morning lows as oil prices and bond yields dived. Markets see Fed rate hikes ending this year.

Investors Business Daily

Be mindful while issuing NOCs for fuel outlets: NGT

‘Officials must clarify guidelines’

The Hindu

Northrop Grumman Leads 5 Defensive Plays Going On Offense; All Are Near Buy Points

Northrop Grumman headlines five stocks that are near or just above buy points, with the mettle to withstand a recession.

Investors Business Daily

Dow Jones Futures Fall: Don't Feed The Bear Market; BYD Leaves Tesla In The Dust

Don't feed the bear market, prepare for the next bull run. Tesla deliveries fell sharply in Q2 with BYD on tap.

Investors Business Daily

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Benzinga

Here's How Much $1000 Invested In Northrop Grumman 10 Years Ago Would Be Worth Today

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 10 years by 11.65% on an annualized basis producing an average annual return of 22.31%. Currently, Northrop Grumman has a market capitalization of $74.50 billion.

Investors Business Daily

Northrop Grumman, IBD Stock Of The Day, Triggers Buy Signals On This Biden Move

President Biden pledged more aid to Ukraine, lifting defense stocks, notably Northrop Grumman. The IBD Stock Of The Day stock topped buy points.

Investors Business Daily

Dow Jones Futures Rise After Market Rally Gains Steam; 9 Stocks To Watch

The market rally has picked up momentum. Here's what to do now. Enphase, Google are among nine stocks to watch.

StockNews.com

Protect Your Portfolio With These 3 Outperforming Defense Stocks

The heightened military spending globally due to the Russia-Ukraine war is creating lucrative opportunities for the defense sector. Given the solid prospects of the defense market, we think outperforming defense stocks Textron (TXT), Lockheed Martin (LMT), and Northrop Grumman (NOC) might be solid additions to one’s portfolio amid the ongoing…

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news in one place.

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The Hindu

Hijab row: Two Muslim girl students get NOC, one takes TC

The two girls had earlier held a press meet questioning the decision of the university to strictly implement uniform rule inside the campus

StockNews.com

4 Defense Stocks to Buy With Rising Geopolitical Tensions

The rising geopolitical tensions in eastern Europe have led to increased defense spending in the United States. Moreover, with new members joining NATO, American defense contractors are expected to benefit. Hence, prominent defense stocks Lockheed Martin (LMT), Northrop Grumman (NOC), Boeing (BA), and Raytheon (RTX) might be the ones to…

Benzinga

$100 Invested In Northrop Grumman 20 Years Ago Would Be Worth This Much Today

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 20 years by 3.4% on an annualized basis producing an average annual return of 10.27%. Currently, Northrop Grumman has a market capitalization of $70.48 billion.

Investors Business Daily

Dollar Tree, Northrop Grumman Lead 5 Stocks That Should Be On Your Watchlists

Dollar Tree and Northrop Grumman are among five stocks showing relative strength and other winning traits as the broader market buckles.

Investors Business Daily

Dow Jones Futures Dive, Yields Hit Multiyear Highs As Stagflation Risks Grow

Futures plunge, yields jump and Bitcoin dives as markets mull stagflation risks and a supersized Fed rate hike this week.

Benzinga

BWX Technologies Secures Contract To Build Nuclear Microreactor In US

BWX Technologies, Inc. (NYSE:BWXT) has secured a contract from the U.S. Department of Defense (DoD) Strategic Capabilities Office (SCO) to build the first advanced nuclear microreactor in the U.S. BWXT Advanced Technologies LLC will build the prototype in Lynchburg, Virginia, and Euclid, Ohio, under a cost-type contract valued at around $300 million, depending…

Investors Business Daily

Northrop Grumman Testing B-21 Raider As NOC Stock Enters New Buy Zone

As Lockheed and Raytheon test resistance, Northrop Grumman tests its new B-21 bomber and NOC stock flies into buy zone.

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