A “minor delay” is how he put it. In the weeks before the September 2 deadline for the Cabinet to meet and ensure the bidding process over the rights to…
Tag:
Lebanese oil
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Economics Brent crude futures steadied above $107 on Friday and were poised to end the week with a marginal gain, their first in four, but prices are likely to remain…
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And as if from nowhere, there was a breakthrough. Ten months after the Council of Ministers, Lebanon’s cabinet, demanded the establishment of a Petroleum Administration (PA), and nine months after…
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Following the recent gas discoveries off shore from Israel and Cyprus, Lebanon is keen to kick off exploration activities in its waters. Like many other prospective oil and gas producers…
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Economics Iraq's cabinet named an interim central bank chief on Tuesday after the bank's well-respected governor, who was on an overseas trip, was suspended amid a currency manipulation probe. The…