Oil & gas 2014: On hold articles

Beyond EITI

Beyond EITI

This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   A paradox confronts countries endowed with oil and gas resources. Despite their riches, these countries tend to grow slower in the long term, have

Safety in numbers

This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   In November 2013, then-Minister of Energy and Water Gebran Bassil was busily promoting optimism and working hard to launch the first offshore licensing round for

All at sea

This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   Protecting the world’s waters from pollution associated with offshore oil and gas exploration and production is not a global priority. While then-Russian President Dimitri

Fighting the resource curse

This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   “Ten years from now, 20 years from now, you will see: oil will bring us ruin … Oil is the Devil’s excrement.” This statement from

Keeping it clean

The Lebanese Petroleum Administration (LPA) recently published a strategic environmental assessment (SEA) related to potential offshore oil and gas activities. RPS Energy Ltd., a multinational energy resources and environmental consultancy company, initiated the study in October 2011 and completed it five months later. RPS will continue to provide consultation to the Ministry of Energy and

High expectations

This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   Much has been said regarding the prospects for oil and natural gas in Lebanese waters. Extensive surveying — the entirety of the country’s offshore

Looking onshore

This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   Although Lebanon’s seven onshore exploration wells — drilled between 1947 and 1967 — all turned up dry, that does not mean there are no

Powered by gas

This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   When Lebanon moves forward toward extracting its potential oil and gas resources in the country’s coastal waters, it will do so with the intention of powering

A treasure trove

This article is part of Executive’s special report on the oil and gas sector. Read more stories as they’re published here, or pick up October’s issue at newsstands in Lebanon.   Like skinning the proverbial cat, there are many ways a state can earn money from oil and gas resources. A government’s goal in negotiating

Open the floor

Lebanon’s politicians are squandering a golden opportunity. Now that the close of the first offshore oil and gas licensing round has been indefinitely postponed, the country once again has a chance for a real national debate about the future of this nascent sector and how to integrate it into the economy. Potential hydrocarbon resources would

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