04.06.2013
Due to the current situation in Syria, the oil production in Syria has crashed down to 20,000 barrel. In other words, the oil production has decreased by 5 percent. And the gas production has halved to 15 million cubic meters. The blame for this collapse is mainly due to the terrorism of armed groups and the embargo imposed on Syria. As per the minister, the country was forced to ... More
Business, Economy - Jun 2 2013 00:02 AM
Potential gas in Lebanon is growing and improving day by day as researches are being done. The rate has improved to 40 to 50 percent as per Al-Maram experts. The analysis is showing that day after day a higher chance ... More
Markets, Regional (Loans) - May 12 2013 06:40 AM
According to the Lebanese energy minister Gebran Bassil, the Lebanese offshore fields contain around 30 trillion cubic feet of natural gas and 660 million barrels of oil, with production that could begin within four years. He added that the scanning ... More
Markets, Regional (Loans) - Apr 14 2013 00:15 AM
Energy Minister Gebran Bassil stated that the political issued in the country will not affect its gas exploration, as companies have already pre-qualified in its first licensing round. Among the ... More
International, Markets - Dec 2 2012 23:52 PM
European Union member Norway is planning to invest about $11 billion in U.S. real estate market. The reason behind this investment is the risk diversification through expansion of investments ... More
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