Israel has moved the Energean Power FPSO to the Karish gas field, partly claimed by Lebanon, as the Israeli government looks to boost supplies of the fuel to Europe. Israel Continue Reading
A dispute between Israel and Lebanon over their maritime boundary has obstructed energy exploration in the eastern Mediterranean and risks exacerbating tensions between two foes. After months of deadlock in Continue Reading
A combination of corruption, incompetence, and underinvestment have led to a major fuel crisis in Lebanon This weekend, the country saw a 24-hour blackout that was only solved when the Continue Reading
Lebanon’s Hezbollah chief Sayyed Hassan Nasrallah repeated calls on Monday for the cabinet to seek a U.S. sanctions waiver to import Iranian fuel and alleviate crippling shortages. Nasrallah said the Continue Reading
The two main power plants in crisis-hit Lebanon have gone out of commission, effectively stopping all state electricity in the country. The shutdown on Saturday of the Deir Ammar and Continue Reading
Lebanon’s power supplies were back to normal on Sunday after a blackout the previous day when the country’s two biggest power stations shut down because of a fuel shortage, the Continue Reading
Lebanon’s energy ministry said on Sunday it received central bank approval to for $100 million in credit to issue fuel import tenders for electricity generation. The ministry added in a Continue Reading
As Lebanon’s economy unravels, political instability in the deeply divided country is ratcheting ever upward. As the economic crisis deepens, with little to no credible attempts from Beirut to turn Continue Reading
Geopolitics & Conflict Lebanon, in full crisis mode, has rejected Israeli gas exploration in a disputed area in the Levant Basin. Israel has already signed a contract for exploration with Continue Reading
Lebanon’s critical fuel shortages are showing no signs of ending despite the arrival of Iranian oil smuggled into the country through neighboring Syria. Hezbollah has been arranging the informal oil Continue Reading
