07 Sep, 2015
The Daily Star – Beirut Oil and gas exploration in Lebanon will not have a negative impact on renewable energy but on the contrary it will contribute to its development, said Pierre Khoury director of the Lebanese Center for Energy Conservation.   “Whether oil and gas in Lebanon is explored today or after 10 years, it will have a positive impact on renewable energy because money generated from the sector would be invested in supporting renewable energy sources,” he told The Daily [...]
27 July, 2015
After the nuclear agreement between Iran and the P5+1 group that was reached on July 14th in Vienna, experts around the globe will carefully be looking on the implementation steps of this deal, which is expected to have direct implications on both the political and economic situations in the Middle East region.   Lebanon could benefit from this situation to free up Iranian investments in Lebanon, particularly in the energy and O&G sector, long limited by sanctions, especially in the downstream operations [...]
21 July, 2015
BEIRUT — Gas exploration in Lebanon has been frozen for more than two years, but it has now returned to the forefront of Beirut's political and media scene. It was not brought to the table by any Lebanese government or official body, but rather by Washington.   On July 2-3, the US Department of State's special envoy and coordinator for international energy affairs, Amos Hochstein, visited the Lebanese capital, where he met with a number of Lebanese officials, including Prime Minister Tammam [...]
23 July, 2015
Greetings followers of NEOS.  There’s a really interesting oil & gas exploration story developing in a new frontier hydrocarbon province – of all places, in Lebanon!  I know, you probably are as skeptical reading this today as I was when our project started about a year ago.  But there is cause for hope in the Levant! Our story will unfold over six chapters in six weeks – think of it as an addition to your summer reading list, with a nice [...]
22 July, 2015
The Eastern Mediterranean region has drawn a great deal of interest in recent years, and not just because of the dynamic geo-political situation in the region. The petroleum industry has been watching the region with a keen eye, as exploration successes in the offshore waters of the EastMed have many intrigued by the potential riches to be unlocked in this newly emerging hydrocarbon province. Noble Energy's 2010 discovery of the Leviathan field and the reported 16 trillion cubic feet (TCF) [...]
09 July, 2015
The discovery of natural gas resources in the East Mediterranean promise important benefits of energy security and economic gains. A 2010 US geological survey showed that the Levantine basin - offshore Israel, Gaza, Lebanon, Syria and Cyprus - could hold as much as 120 trillion cubic feet, thus securing supply of energy not only for the countries of the region but also for Europe. Regional countries are currently at various stages of exploration and development which are however fraught [...]
29 June, 2015
It faces maritime border disputes, regional rivals and is surrounded by a country engulfed in civil war. Yet the main challenge to Lebanon’s potential gas sector is not geopolitics, according to analysts, but a lack of political consensus.   The tiny Mediterranean country could have almost 100tn cubic feet (tcf) of offshore gas reserves, according to some officials. But rather than exploit a potentially transformative opportunity, politicians have engaged in politics as usual — bickering and stalling as neighbouring Syria’s war worsens [...]
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Cogico SARL
  Oil & Gas, Fuel
  01 808150
Wardieh Holdings
  Oil & Gas, Fuel
  01 243476