28 Dec, 2014
Speaker Nabih Berri has said that the cabinet is expected to discuss soon oil exploration decrees that have been left in the government's drawers over political differences. In remarks published in local newspapers on Monday, Berri reiterated that the exploration file “has been put on the right track.” The cabinet will soon discuss the decrees, he said, adding that he will call for a parliamentary session as soon as they are referred to the general assembly for approval. Berri is spearheading a campaign [...]
18 Dec, 2014
Multi-Physics Geoscience Data to Assess Country’s Oil & Gas Potential   BEIRUT - (BUSINESS WIRE)   NEOS GeoSolutions, Inc. stated that it has completed airborne acquisition operations, with the full support of its local partner Petroserv SAL, on its previously announced neoBASIN™ regional geoscience project in Lebanon. This survey, which covers 6,000 square kilometers, including the onshore northern half of the country and the transition zone (TZ) along the Mediterranean coastline, [...]
20 Dec, 2014
U.N. Asks Israel to Pay Lebanon $850 M for Oil Spill The U.N. General Assembly overwhelmingly approved a resolution on 19/12/2014 asking Israel to pay Lebanon over $850 million in damages for an oil spill caused by an Israeli air force attack on oil storage tanks during its war with Lebanon in July 2006. The assembly voted 170-6 in favor of the resolution, with three abstentions. Israel, the United States, Canada, Australia, Micronesia and Marshall Islands voted "no."   General Assembly resolutions are not [...]
29 Dec, 2014
Re-launching of all activities is expected in the first quarter of 2015   After almost a year of complete stagnation in the Oil and Gas sector, several consecutive events and crucial declarations have recently led to open a huge window of Hope for the Lebanese people in the upcoming 2015.   As of today, the news of Lebanon's Oil wealth are still news, as nothing tangible was reached until the moment except the surveys. It might be early to anticipate an Oil and [...]
16 Dec, 2014
For the first time since April 2013, a huge campaign by authorities and from different political parties to reactivate the Lebanese Oil and Gas sector; they urged concerned local and international bodies to speed up development of oil and gas sector through the implementation of a Masterplan of acceleration.   Sources monitoring the situation told As Safir this week that a number of diplomats at foreign embassies in Beirut met with Lebanese officials who are following up on the oil [...]
14 Dec, 2014
Lebanon should not have allowed Israel to take even a drop of its oil, Speaker Nabih Berri was quoted as saying Monday, lamenting that his country had effectively surrendered two reserves to its enemy.   He said that Israel was allowed to steal oil from two Lebanese reserves near the border because those reserves, from which 870 square miles, were neglected by the government.   “This means that we have given up these two reserves, which is something we should not have let happen,” [...]
08 Dec, 2014
Parliament’s Public Works, Transport, Energy and Water Works committee organized an important workshop last week to discuss the re-activation of the Lebanese nascent oil and gas industry, which has been totally stagnant for the past months awaiting for the approval of the two decrees related to the blocks delineation and Exploration/Production sharing agreement.   The president of the committee, MP Mohamad Kabbani, stated during the session that that "there is a road map to activate the oil & gas industry in Lebanon, [...]
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Cogico SARL
  Oil & Gas, Fuel
  01 808150
Wardieh Holdings
  Oil & Gas, Fuel
  01 243476