Cezar Abi Khalil

The Lebanese cabinet agreed Thursday to grant concessions to three oil companies, Total, Novatec and Eni, for the exploration and production of oil in blocks 4 and 9. This decision comes after years of waiting and makes Lebanon an oil producing country. Following the Lebanese […]

Lebanon’s parliament approved a law to tax revenue from oil operations, weeks before its first sale of offshore energy exploration rights to interested companies like Total SA and ExxonMobil Corp. Lawmakers approved the petroleum tax law in a vote on Tuesday, the state National News Agency […]