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oil and gas

Jun 20

 Abi Khalil: Lebanon Shifts from Red to Green Diesel Usage

Abi Khalil: Lebanon Shifts from Red to Green Diesel Usage

Energy Minister Cesar Abi Khalil announced on Tuesday that Lebanon will be shifting from the usage of red diesel to economically friendly green diesel, noting that he informed the Cabinet of this decision.

Abi"...

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Jun 20

New Investment Models Are Needed To Boost MENA Oil & Gas Competitiveness, Crescent CEO Tells OPEC Seminar

New Investment Models Are Needed To Boost MENA Oil & Gas Competitiveness, Crescent CEO Tells OPEC Seminar

New investment models will encourage optimal development in the oil and gas sector, Majid Jafar, CEO of Crescent Petroleum told OPEC ministers and industry leaders at the OPEC Seminar in Vienna today. The private sector in MENA can be an important partner in oil and gas development, helping"...

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Jun 07

New proposals may help resolve Israel/Lebanon oil and gas dispute

New proposals may help resolve Israel/Lebanon oil and gas dispute

New ideas proposed in U.S. back-channel mediation of an Israeli-Lebanese maritime dispute over oil and gas exploration in the eastern Mediterranean raise the prospect of a partial deal this year, Israel’s energy minister said.

Israel"...

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Jun 07

 Norwegian Oil for Development Programme's third phase signed at Foreign Ministry in presence of Abi Khalil, Lind

Norwegian Oil for Development Programme's third phase signed at Foreign Ministry in presence of Abi Khalil, Lind

Foreign Affairs and Emigrants Ministry witnessed on Wednesday the signing of the third phase of the 'Norway's Oil for Development (OfD) Programme to Deliver Capacity Building and Advocacy to the Lebanese Institutions in the Petroleum Sector' in cooperation with the Norwegian"...

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Jun 06

 Israel, Lebanon move to end oil, gas dispute

Israel, Lebanon move to end oil, gas dispute

New ideas proposed in US back-channel mediation of an Israeli-Lebanese maritime dispute over oil and gas exploration in the eastern Mediterranean raise the prospect of a partial deal this year, Israel’s energy minister said.

Israel kicked off a gas bonanza in the eastern"...

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Jun 06

New proposals may help resolve Israel/Lebanon oil and gas dispute

New proposals may help resolve Israel/Lebanon oil and gas dispute

New ideas proposed in U.S. back-channel mediation of an Israeli-Lebanese maritime dispute over oil and gas exploration in the eastern Mediterranean raise the prospect of a partial deal this year, Israel’s energy minister said.

Israel"...

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Jun 02

 Total says chances of Iran sanctions exemption 'very slim'

Total says chances of Iran sanctions exemption 'very slim'

French oil major Total said on Friday the probability of winning an exemption from US sanctions against Iran to continue a major gas field project was very faint.


The energy giant had already warned that, unless Washington granted it a waiver, it would pull out of the"...

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May 31

Lebanon Starts Offshore Oil, Gas Exploration

Lebanon Starts Offshore Oil, Gas Exploration

Lebanon began on Tuesday its first exploration for oil and gas, after Lebanese authorities approved an offshore exploration plan by an international consortium led by France’s Total, Lebanese Energy and Water Minister Cesar Abi Khalil said today. Lebanon—which shares the Levant Basin with Israel, Cyprus, and Syria—has been far behind Israel, and Cyprus in exploring and developing its share of resources due to political impasse over the past few years, a dispute with Israel over Lebanon’s southern maritime border,......

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May 30

 Lebanon Approves its First Offshore E&P Plan

Lebanon Approves its First Offshore E&P Plan

Lebanon has approved an offshore oil and gas exploration plan for two lease blocks, defying warnings from Israel.

In a televised address, Lebanese energy minister Cesar Abi Khalil said that the government had"...

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May 30

Lebanon Launches Search For Its First Oil, Gas Reserves Despite Israeli Threats

Lebanon Launches Search For Its First Oil, Gas Reserves Despite Israeli Threats

Lebanon is now set to search for oil and gas reserves in the Mediterranean and although there have so far been no comments from Israel, it had earlier threatened Lebanon over drilling in areas which it considers to be disputed.

Lebanon"...

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