oil

The joint parliamentary committees approved Thursday a proposed law aiming to ensure transparency in oil and gas contracts. Caretaker Energy and Water Minister Cesar Abi Khalil, who attended the meetings of the joint committees at the…

Energy and Water Minister Cesar Abi Khalil said Tuesday that he had instructed the Lebanese Petroleum Administration to prepare for the second offshore gas licensing round.“This is not the launch of the licensing round, but the beginning…

Lebanon, a country that unlike many of its neighbors has faced high energy prices for a generation, wants to become a natural gas exporter by the end of this decade. To realize its ambition, the government will need to take on the new role…

Lebanon relaunched its first oil and gas exploration and production licensing round after a three-year delay, its energy minister said, kick-starting the development of a hydrocarbon industry stalled by national political paralysis. Lebanon…