On February 16, the Council of Ministers approved a third licensing round for offshore oil and gas exploration, which paves the way for launching the preparatory process.
Despite difficult market conditions, Cyprus hopes to build on the positive momentum created …
Cyprus to launch a third licensing round… Is the timing right? Read More »
Israeli Prime Minister Benjamin Netanyahu formed his government on 06/05, with the slimmest of majorities (61 MKs out of a total of 120). His cabinet was sworn in on 14/05. The Energy portfolio went to Yuval Steinitz, a member of …
The new Israeli cabinet: What impact on energy policy? Read More »
Since 2010, policymakers in Israel have had to repeatedly intervene in the energy sector to deal with challenges — not just opportunities — presented by the discovery of large gas fields.
In December 2014, Israel’s antitrust commissioner David Gilo revoked …
Edison seeking to acquire Israeli gas fields Tanin and Karish near Lebanese border?
Italian company Edison, one of the 46 companies shortlisted for Lebanon’s first licensing round (as non-operator), is reportedly negotiating a possible acquisition of two gas fields off …
Lebanon: The Oil & Gas Report, March 10, 2014 Read More »
Lebanon – Turkey:
Two Turkish Airlines pilots were kidnapped on 09/08 by an unknown group called Zuwwar al-Imam Rida, near the Beirut international airport. The incident is in retaliation for the kidnapping of Lebanese pilgrims in May 2012 by Syrian …
Lebanon: The Oil & Gas Week, August 19, 2013 Read More »
Lebanon/Cyprus – LNG Plant:
U.S.-based Noble Energy and Israeli companies Delek Drilling and Avner Oil Exploration (both subsidiaries of the Delek Group) signed a memorandum of understanding (MoU) on 26/06 with the government of Cyprus launching talks for the construction …
Lebanon: The Oil & Gas Week, July 1st, 2013 Read More »