GLOBAL CONNECTIONS: the Near/Middle East
1959: Oil is discovered in Libya.

The oil boom provides Libya with newfound financial independence, transforming a country with one of the lowest standards of living into one full of opportunities, with growing employment and plans for improved housing, health care, and education. Investing much of its oil profits in other parts of the economy, Libya expands its industry, mining, and agricultural base, irrigating new areas of the desert. Most of the large farms, which are owned by the government, produce foods that were formerly imported, including corn, wheat, and citrus fruits, as well as cattle, sheep, and poultry.

WWW The United Nations and Libya
http://memory.loc.gov/frd/cs/lytoc.html#ly0035

This country study includes a section on Libya's involvement with the United Nations, including information on its path to independence.