LATEST NEWS
21 Mar, 2017
 
Lebanese Prime Minister Saad Hariri said that the potential discovery of petroleum resources in the Mediterranean Sea along Lebanon’s coast bolsters hopes for economic growth and prosperity.   He said during his patronage of the “Oil and Gas Forum: Roadmap” at Ecole Superieure des Affaires (ESA) in Beirut: “Lebanon’s main goal is to achieve ideal development and sustainability of resources so that all Lebanese people and generations to come can benefit from them.”   He stressed that his government gives priority to “wise governance [...]
26 Feb, 2017
 
The main Oil and Gas event for 2017 will be the Lebanon’s National Wealth Forum which will be held at ESA campus on Thursday March 7 with a wide panel of international key speakers, Lebanese politicians, energy and economical sector key players, specialized press and blogs editors, and representatives of the country civil society and students.   Under the Patronage of the President of the Council of Ministers H.E. Mr. Saad Hariri, Front Page Communication will organize the crucial forum related to [...]
19 Feb, 2017
 
Lebanon expects to start oil production in 2018 and will deposit the resulting revenues into a sovereign wealth fund, President Michel Aoun said last week; “Everything that is extracted will be for the Lebanese people,” he said during a meeting with a press syndicate delegation.   Aoun said the revenues would be invested in development projects, and vowed to increase efforts to upgrade Lebanon’s crumbling infrastructure. Note that Lebanese Council of Ministers has approved two decrees needed [...]
26 Jan, 2017
 
Lebanon re-launched its first oil and gas licensing round after a three-year delay, the energy minister said on Thursday, kick-starting the development of a hydrocarbon industry stalled by national political paralysis. Lebanon has opened five offshore blocks (1,4,8,9 and 10) for bidding in a first licensing round of offshore oil and gas exploration in Lebanon’s Exclusive Economic Zone, Minister of Energy and Water Cesar Abou Khalil told a news conference and 23 of February will be the date of the bissing. He [...]
18 Jan, 2017
 
Recent events have drawn attention on Oil and Gas in Lebanon. After two years of silence, the Lebanese government has accelerated the process for offshore exploration and production which implies for Lebanese citizens a necessity to be informed and active on this essential issue regarding the future of the country. Gas and Oil represent a great opportunity to develop the country but those unrenewable sources of energy can as well be a blessing as a curse. From an environmental point [...]
16 Jan, 2017
 
U.S. Energy Stream will organize the 8th Mediterranean Oil and Gas Forum 2017 on 1 & 2 March, 2017, at the Hilton Cyprus in Nicosia, Cyprus. The recent upstream gas discoveries in Cyprus, Israel, and Egypt and Lebanon reflect the future growth of hydrocarbons in the region. The Forum is a unique opportunity for energy leaders to engage in a productive dialogue with government decision makers and international investors. The 8th Mediterranean Oil & Gas Forum 2017 will bring together government and [...]
12 Jan, 2017
 
The East Mediterranean’s gas resources can promote cooperation, resolve conflicts and turn the region into an energy hub presenting new prospects for Lebanon and Syria. Lebanon is currently in need to diversify its energy mix away from oil in order to strengthen its security of supply but lags behind neighboring Israel and Cyprus in developing its gas reserves in the East Mediterranean. 3D seismic surveys carried out by the Norwegian Spectrum company have estimated recoverable Lebanese offshore gas reserves [...]
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Cogico SARL
  Oil & Gas, Fuel
  01 808150
Wardieh Holdings
  Oil & Gas, Fuel
  01 243476
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