Lebanon names firms to explore gas fields in areas disputed by Israel

Lebanon names firms to explore gas fields in areas disputed by Israel

Special to WorldTribune.com NICOSIA — Lebanon has selected 46 energy companies for its first offshore exploration project that could clash with neighboring Israel. Lebanese Energy Minister Gebrane Bassil said 46 companies were qualified to bid for licenses for exploration in the eastern Mediterranean. Bassil said 12 of the applicants qualified to bid as operators for […]

Kurdistan spurns Iraq threat, expands oil exports

Kurdistan spurns Iraq threat, expands oil exports

Special to WorldTribune.com BAGHDAD — The autonomous region of Kurdistan, in defiance of Iraq, has decided to expand independent crude oil exports. A Western company said it would expand oil exports from Kurdistan in 2013. Genel Energy, dismissing the prospect of a lawsuit by the Baghdad government, said it would raise exports to 20,000 barrels […]