|
Oil rises on equity rally after early sell-off
|
| May 16, 2013 01:52 AM |
|
Brent crude oil prices reversed course Wednesday and rose on the back of a rally in U.S. equity markets despite an increase in U.S. refined products inventories and data showing the eurozone was in its longest recession ever. |
|
|
|
|
Exxon to build $10B LNG export plant with Qatar
|
| May 11, 2013 01:24 AM |
|
ExxonMobil Corp., the largest energy company by market value, signed an agreement with Qatar Petroleum International outlining a plan for construction of a $10 billion natural gas export terminal in Texas. |
|
|
|
|
Lebanon oil lures Shell, Petrobras, ExxonMobil
|
| May 11, 2013 01:24 AM |
|
Royal Dutch Shell PLC, ExxonMobil Corp., Petroleo Brasileiro SA and Total SA all obtained tender documents allowing them to bid for exploration licenses off Lebanon, according to the country’s industry regulator. |
|
|
|
|
Qabbani blames Cabinet for electricity barge saga
|
| May 09, 2013 01:19 AM |
|
Qabbani slammed the caretaker Cabinet over the stoppage of the Fatmagül electricity barge after a local newspaper published a December letter from the Lebanese Consulate in Istanbul regarding the Turkish operator. |
|
|
|
|
Qatar to supply LNG in swap deal with Egypt
|
| May 09, 2013 01:18 AM |
|
Qatar and Egypt agreed on a “gas swap” deal for the supply of liquefied natural gas to help the North African country meet soaring power demand in the summer months, an Oil Ministry official said. |
|
|
|
|
Lebanon launches first gas and oil licensing round
|
| Mohamad El Amin | May 01, 2013 01:11 AM |
|
Lebanon Tuesday officially launched the first oil and gas licensing round as officials warned that any delay in issuing the decrees by any new Cabinet could postpone the offshore drilling and exploration in the east Mediterranean. |
|
|
|
|
Libya aims to end fuel subsidies in three years
|
| Jessica Donati | May 01, 2013 01:09 AM |
|
Libya will join its neighbors in tackling sensitive fuel market reforms and plans to do away with all subsidies within three years, Oil Minister Abdel-Bari al-Arusi said Tuesday. |
|
|
|
|
Gas will help Cyprus play greater role in Europe
|
| April 24, 2013 01:27 AM |
|
Discovery of natural gas off the Cypriot coast will enable this island to play a key role in supplying Europe with energy in the future, a Qatar-based expert told an industry conference Monday. |
|
|
|
|
Tapping Lebanon’s gas wealth won’t be complicated: expert
|
| Mohamad El Amin | April 24, 2013 01:19 AM |
|
Fresh analysis of offshore seismic surveys of Lebanon are showing that tapping into Lebanon’s gas wealth might be easier than first thought, said experts at a major oil conference Tuesday. |
|
|
|
|
Total aims to start gas explorations in offshore Libya by May
|
| April 23, 2013 01:56 AM |
|
France’s Total said it aimed to start offshore exploratory drilling for gas in Libya next month, in a further sign the OPEC member’s energy industry is returning to normal after the 2011 war. |
|
|
|
|
UAE’s Dana Gas expands Lebanon, Egypt activities
|
| April 23, 2013 01:56 AM |
|
Abu Dhabi-listed Dana Gas said it had won a bid in Egypt to develop an offshore block in the Nile Delta and would go ahead even while the Egyptian government struggles to meet overdue payments. |
|
|
|
|
Lebanese gas to enter crowded market
|
| Lysandra Ohrstrom | April 23, 2013 01:46 AM |
|
Even if Lebanon manages to overcome domestic obstacles and begin producing natural gas from its potential offshore hydrocarbon reserves, seismic shifts in the global energy market may forestall its dream of becoming an energy-exporting nation. |
|
|
|
|
Despite Baghdad, Turkey signs Kurdish oil deal
|
| Ercan Ersoy | April 20, 2013 03:28 AM |
|
Iraq’s Kurdish region has signed a landmark agreement with Turkey to supply it directly with oil and gas, two people familiar with the matter said |
|
|
|
|
Private firms restore Syrian fuel imports
|
| Jessica Donati | April 20, 2013 03:22 AM |
|
Syria has resumed vital fuel imports in the teeth of EU sanctions against sales to its state sector simply by letting new private firms do the buying, traders and shippers said. |
|
|
|
|
Cyprus and Lebanon partnership would be win-win
|
| Roudi Baroudi | April 06, 2013 12:51 AM |
|
Lebanon’s hosting of a key Cypriot Cabinet minister this week must have optimists in both countries hoping that in politics, at least, there really is no such thing as coincidence. |
|
|
|