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Beirut
Friday, October 30, 2020

HYDROCARBONS

Lebanese offshore reserves

Hydrocarbon exploration could start in early 2019

Hydrocarbon exploration is taking a lead towards developing Lebanon’s economy. The Ministry of Energy & Water along with the Lebanese Petroleum Administration (LPA) have announced that bidding for the second licensing round...
natural gas, Lebanon, LNG,

Natural gas becomes priority for Lebanese power sector

Lebanon will make natural gas as the primary source of energy in its power sector, informed Cesar Abi Khalil, the Energy Minister of Lebanon. There are plans of installing “three floating LNG...
Iraq, crude oil exports, Iraqi, crude, oil, exports, Oil Minister, Thamer Ghadhban, output, southern, oilfields,

Iraq’s crude oil exports to jump in 2019

Crude oil exports from Iraq is set to jump om 2019, said the country’s Oil Minister Thamer Ghadhban. He went on to add, Iraq is focused on boosting the output from its...
Lebanon, strategic, strategy, domestic, gas production, LNG, liquified natural gas, energy minister, Cesar Abi Khalil,

Lebanon’s domestic gas production policy

Domestic gas production in Lebanon is set boom with the country’s energy minister Cesar Abi Khalil saying Lebanon plans on starting new rounds of offshore explorations to develop domestic gas in 2019. In fact, Lebanon aims...

Oil sales will continue: Hassan Rouhani

Oil sales will continue and Iran will break U.S. imposed sanctions, said a defiant Iranian President Hassan Rouhani after the United States reimposed sanctions on Iran’s vital energy and banking sectors. “America wanted to...

Egypt’s non-oil private sector dips lower

Non-oil private sector activity in Egypt has dipped modestly in October 2018 and have touched their lowest levels, showed a survey. According to the Emirates NBD Egypt Purchasing Managers’ Index (PMI)...
Sonatrach Algeria

No more brain drain: Sonatrach’s new leadership team

Brain drain in Alegeria is real. In order to stop and reverse the flow of talent from leaving the country, the CEO of Algeria’s Sonatrach, a state-owned oil firm, has assembled a new leadership...

Natural gas and crude to dominate Turkey-Iran ties

Natural gas continues to play a significant role in Turkey-Iran relations despite threats from U.S. President Donald Trump that it will not allow any country to do business with America if it continues to...

China pledges $20 billion in financial aid to the Middle East

On Tuesday, as part of China’s strategic foreign policy objective which also fits well in it Belt and Road project, Chinese President Xi Jinping pledged $20 billion in loans and nearly $106 million in...
Oil for Development program, Norway, Lebanon, hydrocarbons, sustainable, management,

Norway continues Lebanese development program

The Oil for Development program signed by Lebanon and Norway for another three years, will significantly aid the country’s civil society towards a transparent and sustainable petroleum management program. Renewing this mutual commitments toward a...