Lebanon offshore drilling to start ‘before end of year’
Lebanon will start drilling for gas in maritime Block 4 before the end of the year and intends to launch...
Oil & Gas
Port of Beirut to become oil consortium supply base
Part of Port of Beirut will be made into a supply base for the consortium that will explore two of...
Iraq to Export 1mn bpd Oil through Jordan
Iraq announced on Thursday the completion of the “technical preparations” to extend a pipeline to export one million barrels of...
Oman implementing $26bn oil and gas, petchem projects
Oman is currently implementing a string of projects worth $26 billion aimed at the sultanate's economic diversification, a senior official...
Eni announces new gas discovery in Egypt
Italian Oil Company Eni announced on Thursday a new gas discovery under evaluation in the Nour exploration prospect located in...
Egypt signs $20mn agreement with German DEA to explore oil, gas
Minister of Petroleum Tarek el-Molla signed a new petroleum agreement with German company DEA, with investment worth $20 million. Petroleum...
World Iraq’s oil exports averaged 3.6 million bpd in February: Ministry
Iraq exported an average of 3.62 million barrels per day (bpd) of oil in February, a figure slightly less than...
Egypt about to become main energy hub in Middle East
A French website specialized in environment and sustainable development stressed that Egypt is moving towards being an important energy hub...
Adnoc to build $1.21bn underground crude oil storage
The Abu Dhabi National Oil Company (Adnoc) said that it is building the world’s largest single underground project ever awarded...
Egypt to provide Lebanon with LNG in new power plan
Lebanon is considering importing liquefied natural gas from Egypt, Energy Minister Nada Boustani said Tuesday, in the latest indication that...
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