January 30, 2023
The partnership marks QatarEnergy’s first exploration endeavor in Lebanon and confirms exploratory basin interests in the Eastern Mediterranean. Eni and TotalEnergies will hold a 35% interest after the transfer.
November 15, 2022
TotalEnergies SE and Eni SpA are preparing to explore for natural gas in previously contested waters off the coasts of Lebanon and Israel, following last month’s accord between the two nations.
October 27, 2022
Lebanon and Israel have signed a U.S.-brokered deal that ends a dispute over gas-rich waters in the Mediterranean, paving the way for the development of energy resources.
May 12, 2021
Rising global oil prices are translating into shortages at the pump in cash-strapped Lebanon, with motorists lining up for hours to fill their tanks in the latest blow to living standards in the Middle Eastern nation.
December 26, 2019
If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign money keeps flooding in.
May 27, 2019
Israel is willing to enter U.S.-mediated talks with Lebanon on setting a maritime border, the Energy Ministry said today.
The Eastern Mediterranean Gas Conference (EMGC) is gearing up for another must-attend event in Cyprus.
February 09, 2018
Total-led international consortium (Total 40%, ENI 40%, Novatek 20%) signed two Exploration and Production Agreements (EPA) with the Republic of Lebanon, covering Blocks 4 and 9, located in the deep waters offshore Lebanon.
Eastern Mediterranean region are beginning to increase E&P activity and were able to bring several key projects on stream in 2017.
The fourth Eastern Mediterranean Gas Conference (EMGC) is being held at Hilton Cyprus in Nicosia, Cyprus, March 14-15. The event venue is conveniently located, allowing easy access to some of the capital city’s main attractions, such as the city center, the Old City and the modern business district.
January 27, 2017
Lebanon wants to auction energy rights to areas in the Mediterranean Sea contested by neighboring Israel and will invite more companies to qualify for bidding next month.
January 04, 2017
Lebanon approved two measures allowing it to auction its first offshore oil and natural gas rights, ending three years of delays that kept the tiny country from joining a regional race to tap energy wealth in the eastern Mediterranean.