No Result
View All Result
Wednesday, December 17, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Tamoil records a loss of 22.172 million euros for the fiscal year 2022

bySami Zaptia
May 22, 2024
Reading Time: 2 mins read
A A
Oilinvest launches one million tree forestation initiative in Libya for Greenhouse Gas Removal

(Logo: Oilinvest).

‎Tamoil reported a loss of 22.172 million euros for the fiscal year 2022 according to a report by Fatturato Italia, a website specialized in corporate budgets, statistics and financial data.

Tamoil is wholly owned by Oilinvest, registered in the Netherlands, which in turn is owned by the Libyan Investment Authority (LIA).

The report showed that Tamoil’s current deficit contrasts with its total income, estimated at 6.395 billion euros for the year 2022. This constitutes an increase of 44% compared to 2021. The losses constituted a negative growth of 155% compared to the year 2021.

The company is registered under a tax number 00698550159 and the expenses of individuals and workers for the year 2022 amounted to more than 29 million euros. The company covers 8% of the Italian energy market, according to the report.‎

Libya Herald reached out to Tamoil/Oilinvest for a comment on the Fatturato Italia report, but the company failed to respond.

RELATED POSTS

No Content Available

 

Oilinvest and the Public Services Company Tripoli sign strategic agreement to implement a nature-based carbon capture ARR project in Libya (libyaherald.com)

NOC starts first phase of its campaign to plant a million trees (libyaherald.com)

At COP28, NOC launches ambitious ‘Think Tomorrow’ environmental initiative (libyaherald.com)

NOC continues its initiative to plant one million trees to reduce carbon emissions (libyaherald.com)

Oilinvest launches one million tree forestation initiative in Libya for Greenhouse Gas Removal (libyaherald.com)

Ministry of Planning confirms development of integrated plan to plant 100 million trees by 2030 (libyaherald.com)

The 2023-24 tree planting season launched to activate the 100 million trees by 2030 initiative (libyaherald.com)

Tree-planting campaign launched in Sirte (libyaherald.com)

Gharian to plant one million olive trees and 500k almond trees (libyaherald.com)

Tags: Tamoil Oilinvest

Related Posts

African Development Bank helps with $5.5-million democratic development project
Business

African Development Bank adopts new cooperation strategy with Libya for 2025–28 to support economic recovery, reconstruction, and diversification

December 16, 2025
NOC announces force majeure at Zawia port
Business

Akakus Oil successfully drills and commissions well A-46 with a production capacity of 3,750 barrels per day

December 16, 2025
Germany’s GIZ launches Libya IT sector survey to assess employment potential, identify training gaps
Business

Solar PV training for 14 REAoL and GECOL technicians held in Tunisia

December 16, 2025
Libyan passport “chaos” forced visa demand: Moroccan official
Business

Royal Air Maroc to start flights from Casablanca to Tripoli’s Mitiga airport in April 2026

December 16, 2025
‘‘Enhancing skills related to the green and blue economy to enhance employment opportunities’’ workshop held in Tripoli
Business

20th meeting of the Libyan Tunisian Task Force for the Mutual Recognition of Certificates of Quality and Conformity Marks being held in Misrata from 13 to 16

December 15, 2025
Opening of the first Libyan Exhibition for Scientific Research, Innovation and Investment under the slogan “Towards a Sustainable Knowledge Economy”
Business

Opening of the first Libyan Exhibition for Scientific Research, Innovation and Investment under the slogan “Towards a Sustainable Knowledge Economy”

December 15, 2025
Next Post
Libya will be participating with a national pavilion at the Algeria International Fair from 24 to 29 June 2024

Libya will be participating with a national pavilion at the Algeria International Fair from 24 to 29 June 2024

The Libya International Conference on Industry and Technology makes a wide range of recommendations

The Libya International Conference on Industry and Technology makes a wide range of recommendations

libyaherald-Ads

Top Stories

  • ‘‘U.S. experts’’ visit Sirte’s single pivot agricultural irrigation circles – 87 irrigation circles will be restarted in 2025

    U.S. company Farm Tech meets NDA in Benghazi to discuss 1,000 pivot irrigation project to bolster Libya’s food security

    0 shares
    Share 0 Tweet 0
  • Libyan banks cannot give loans without proper collateral and regulations that allow for recourse in case of default: Tadawul Tech Chairman Naaman Elbouri

    0 shares
    Share 0 Tweet 0
  • BP celebrates the reopening of its Tripoli office: NOC

    0 shares
    Share 0 Tweet 0
  • Austria’s OMV prepares to lift force majeure and resume its exploration commitments in Libya

    0 shares
    Share 0 Tweet 0
  • Tripoli government meets World Bank delegation – government’s vision for economic and financial recovery and improving Libya’s “Business Readiness” index discussed

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

African Development Bank adopts new cooperation strategy with Libya for 2025–28 to support economic recovery, reconstruction, and diversification

Akakus Oil successfully drills and commissions well A-46 with a production capacity of 3,750 barrels per day

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.