News Agencies Feed

oil and gas

Dec 17

Lebanon’s energy take at least 55%: minister

Some banks have estimated the potential value of gas off the Lebanese coast at $600bln

BEIRUT - Lebanon’s share from the potential gas revenues will be at least 55 percent and this is line with the world"...

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Dec 17

Lebanon to begin oil and gas drilling in 2019

Lebanon will begin exploratory drilling for offshore oil and gas in 2019, Energy and Water Minister Cesar Abi Khalil said on Friday, as the country hopes to find resources to shore up its indebted economy. 'This is going to create a new sector in the economy,' said Abi Khalil. 'And it is going to secure a local source for energy.' Lebanon's economy is mired in debt and struggling to grow as the civil war in neighbouring Syria stretches into its seventh year. The conflict has paralysed trade and pushed some one million......

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Dec 16

Total, Eni, Novatek win Lebanon’s first offshore licenses

Lebanon granted its first offshore energy rights to a group comprising Total SA, Eni SpA and Novatek PJSC, joining a regional race to find and develop oil and natural gas wealth in the eastern Mediterranean after years of delay.

The"...

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Dec 13

Lebanon: Committees hold second joint session to discuss oil and gas

Half a dozen parliamentary committees held session to discuss draft laws pertaining to offshore oil and gas exploration.

BEIRUT - Half a dozen parliamentary committees Tuesday held their second joint session in"...

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Dec 09

Abi Khalil: Oil transactions in Lebanon to be made in US dollars

Minister of Energy and Water, Caesar Abi Khalil, said in a statement that 'the oil transactions in Lebanon, which are linked to oil activities in the event of contracting exploration of basins in the Lebanese waters, will be made in US dollars.'

'Transactions"...

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Dec 07

Lebanese PM stays in job; oil threat eases

A potential disruption to the oil market eased on Dec. 5 when Lebanese Prime Minister Saad Hariri rescinded the resignation he had announced Nov. 4 in Saudi Arabia (OGJ Online, Nov. 13, 2017).

"...

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Dec 06

80% of oil workers must be local, says Lebanese Minister

Energy Minister Cesar Abi Khalil Monday said 80 percent of the workforce in any future oil sector must be Lebanese.

“We made sure to put in the book of terms the minimum requirement that 80 percent of the workforce in this sector must be Lebanese,” Abi Khalil said"...

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Dec 06

Sonlife Broadcasting Network Continues to Rely on SES Video for Pan-European Distribution

Sonlife Broadcasting Network Continues to Rely on SES Video for Pan-European Distribution

(AETOS Wire)-- The Christian multi-media network Sonlife Broadcasting Network has renewed its capacity agreement with SES to continue broadcasting the SBN TV channel across Europe.

Under"...

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Dec 01

Be-Bound: ethicPhone Wins Digital Africa Prize and Announces Partnership With Be-Bound to Create the First International Mobile Payment and Transfer Solution That Works without Internet

Be-Bound: ethicPhone Wins Digital Africa Prize and Announces Partnership With Be-Bound to Create the First International Mobile Payment and Transfer Solution That Works without Internet

(AETOS Wire)-- Be-Bound and ethicPhone today announced a partnership to make international transfers available to everyone across the Ivory Coast. ethicPhone, awarded the Digital Africa prize, has developed a system for international mobile payments"...

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Nov 28

Abi Khalil kicks off negotiations over two technical offers with oil companies

Minister of Water and Energy, Eng. Cesar Abi Khalil, with the assistance of the Lebanese Petroleum Administration PLA, discussed on Monday two technical offers with oil companies.


Negotiations are expected to continue until the 29th of November, according to an agenda"...

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