Gebran Bassil

Eni haunted by corruption rumors in Lebanon

The rumor about Lebanese officials supposedly asking Italian company, Eni, for bribes in return for an exploration license is still making the rounds. It fades and resurfaces at random.

The news was first reported in 2015 in a local newspaper …

Lebanon: The Oil & Gas Report, June 02, 2014

Lebanon: Will it be possible to avoid another tender delay?

Despite the political deadlock, the Petroleum Administration is pursuing its efforts to push for the adoption of the two missing decrees that are required to move forward with the first …

Lebanon: The Oil & Gas Report, May 05, 2014

Will the current political deadlock discourage international companies and partners?

The Presidential election, although far from reaching a decisive stage, is dominating the local political agenda. President Slaiman’s term will expire in May 25 and there are serious doubts a …

Lebanon: The Oil & Gas Report, April 07, 2014

Lebanon: Tender delayed… pending a broader political consensus?

Lebanon’s first licensing round will be delayed for the fourth time. The deadline to submit bids was previously set on April 10, 2014, but since the cabinet has not approved the two …

Lebanon: The Oil & Gas Report, March 24, 2014

Parliamentary debate: oil & gas dwarfed by more pressing issues

Prime Minister Tammam Salam’s cabinet won a confidence vote in parliament on March 20, after two days of heated debate. The cabinet secured the backing of 96 MPs of the …

Lebanon: The Oil & Gas Report, March 10, 2014

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 …

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