LATEST NEWS
28 Feb, 2015
 
The largest and highest-level Corporate Social Responsibility Summit in Lebanon is right around the corner: CSR Levant annual summit will be held in ESA Business School from 15th to 17th of April 2015 CSR Levant: FOLLOWING 11 YEARS OF SUCCESS, WE BRING YOU THE CSR LEVANT SUMMIT The CSR Levant Summit is part of our 12 year CSR legacy in the Middle East. Award winning entrepreneurial initiatives, forging successful partnerships, developing impactful CSR strategies, empowering the next generation – all [...]
27 Feb, 2015
 
Government delays, ongoing maritime border disputes and geopolitical instability have marred Lebanon’s bid to exploit its share of the gas-rich Levant Basin. But with the government keen to create supply security for its energy-poor nation, can Lebanon put aside age-old feuds for the sake of its gas riches?   Lebanon's Minister of Energy and Water, Arthur Nazarian, has been eager to start development of the country's share of the Levant Basin in the East Mediterranean Sea, which is believed to [...]
26 Feb, 2015
 
Believe it or not, the window of opportunity to engage Lebanon in the new and vast oil and gas exploration frontier is narrowing and the ship of the International Oil Companies (IOC) is sailing away. As a geologist, I have studied (in depth) the GeoScience Offshore EMED. I have discussed the subject matter with Lebanon’s government officials and high ranking officers at the Ministry of defense. I have attended many meetings and been interviewed by two major networks on the [...]
25 Feb, 2015
 
BBC – Beirut: Two years ago, billboards across Lebanon declared: “Our country has oil.”   The announcement was supposed to bring with it the magical solution for many of Lebanon’s ills, among them chronic public debt, power shortages and poor public services.   Back then, the prospect of major oil discoveries off the Mediterranean coast triggered dreams of a prosperous future, but today it seems like the Lebanese were the victims of false advertising.   Governments in Lebanon have a long history of mismanagement that seems [...]
25 Feb, 2015
 
The Daily Star - BEIRUT: Parliament Speaker Nabih Berri urged the Cabinet Wednesday to resume its meetings in order to issue two decrees necessary to launch exploration in Lebanon’s offshore oil fields.   In the weekly meeting with lawmakers, Berri was quoted as saying that the Cabinet must “issue the two decrees related to oil.”   The two decrees would define the number of blocks in Lebanon’s exclusive economic zone and establish a revenue mechanism, as well as a tax policy for the country's [...]
23 Feb, 2015
 
Estimates show that Lebanon has significant offshore energy reserves, including more than 120 trillion cubic feet of natural gas. International firms have lined up to begin exploration into these energy fields, but political deadlock continues to stymie progress.   Initial 3-D seismic surveys off the coast of Lebanon suggest a high probability that there are vast natural fields of oil and gas supplies. These resources could gross over $100 billion in revenues over the next 20 years for the country.   International companies have [...]
23 Feb, 2015
 
Despite all the delays and the continuous political deadlock in the Lebanese Oil & Gas industry, the international community, including the world’s most known IOCs, are still interested in the local sector, and are continuously following-up all the updates happening in our country.  Exclusive sources told our website that, and in contradiction with all the rumors spread recently about the withdrawal of many well-known companies from Lebanon, the international community has a strong interest in ensuring that Lebanon’s [...]
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Cogico SARL
  Oil & Gas, Fuel
  01 808150
Wardieh Holdings
  Oil & Gas, Fuel
  01 243476
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