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See Taylor Swift's disgusted reaction to Justin Bieber-Selena Gomez backstage kiss
PARIS, Feb. 13 (UPI) -- A French oil and natural gas consultant group said there may be more than 400 million barrels of oil off the coast of Lebanon.
French consultant Beicip Franlab estimates the reserve potential offshore Lebanon at 440 million-675 million barrels of oil, reports Lebanese news portal Naharnet.
The Lebanese government is pressing ahead with plans to court international energy investors to explore potential offshore reserves. The offshore area is considered frontier territory, though Beirut has said parts of the Leviathan natural gas field offshore Israel are in its territorial waters.
Naharnet reports that Lebanon has boasted of oil and natural gas discoveries near the maritime borders with Israel and Cyprus, though no reserve estimate was listed.
The Lebanese and Cypriot governments in January agreed to increase cooperation in the offshore natural gas sector.
Cyprus has an estimated 12 trillion cubic feet and has agreements with Egypt and Israel to examine transboundary hydrocarbon deposits.
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NEW DELHI, May 20 (UPI) --
The US Department of Energy's conditional approval a Texas liquefied natural gas terminal to export to nations that do not have a free trade agreement with the United States is seen as a potential boost for India's energy security.
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TEL AVIV, Israel, May 20 (UPI) --
Israel's high-tech defense industry leads the world in exporting unmanned aerial vehicles.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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