The following article first appeared in the April 30, 2024, edition of Akhbar Al Yawm. Coral Oil, a key player in Lebanon's oil and gas sector, underscored its commitment to the country with its participation in the 26th World Energy Congress, held in the city of...
News & Media
Coral’s Strategy Advisor Shares Insights on Energy Transition at 12th Annual AmCham MENA Regional Conference in Dubai
The following article first appeared in the April 26, 2024, edition of Akhbar Al Yawm. At The 12th Annual AmCham MENA Regional Conference held in Dubai from April 17-19, 2024, Marc Khawaja, Strategy and Business Development Advisor at Coral Oil Company Limited,...
Rise in fuel prices: A confuence of crises
In recent months, especially following the lifting of state subsidies on fuel, Lebanese consumers have looked on with concern at the rise in fuel prices. Many have immediately attributed the rise solely to Russia's ongoing war in Ukraine. The truth, however, is a...
Oscar Yamin key speaker at OSAC
Coral Oil CEO Oscar Yamin a key speaker at the American Overseas Security Advisory Council (OSAC) BEIRUT: As Lebanon was slipping into a deep economic recession coupled with the continuing depletion of its foreign reserves, a fuel crisis started to emerge as one of...
New fuel pricing mechanism ends long gas station queues in Lebanon
BEIRUT: A new fuel pricing mechanism is expected to cease long queues at Lebanese gas stations after months of disuption caused by fluctuating dollar exchange rate.Following intensive contacts, Lebanon’s Energy Ministry and the Central Bank were able to arrive at an...
Unstable exchange rates in Lebanon spur long queues at gas stations again
| akhbaralyawm.com | Coral and Liquigas CEO Oscar Yamin called on Lebanese authorities to waste no time in devising a new fuel-pricing mechanism in order to avert any future crises. “It’s crucial that a new mechanism for fuel pricing be set by Monday at the latest,...
Oscar Yamin assists hospital in distress with generous diesel donation
BEIRUT: As Lebanon continues to be battered by a series of unprecedented crises and prices continue to soar, the country’s populace is especially vulnerable to the cost of diesel, essential to power generation, especially for hospitals and other critical services. Yet...
Oscar Yamin dispels speculation and fake news on Coral & Liquigas expansion
Coral Oil and Liquigas CEO Oscar Yamin dispels speculation on the companies' expansion in an interview with Al Bayan Magazine. Oscar Yamin, whose family business has supported the Lebanese energy sector in time of crisis, chides the dissemination of malicious fake...
Oscar Yamin exposes misinformation and false allegations targeting Lebanese oil importers
| Economy Middle East | Coral Oil and Liquigas CEO Oscar Yamin exposes misinformation that dents years of nonstop law-abiding practices In the wake of an overabundance of media reporting and subsequent social media deliberations among the masses, top branded companies...
Happy International Women’s Day!
By Aline Khalil | Head of Human Resources. Today is International Women’s Day, and together with our board of directors, committees, and all the groups’ managers and employees, we want to take this opportunity to celebrate CORAL’s commitment to parity, gender...
Will humiliation queues return to haunt the Lebanese amid Russia-Ukraine crisis?
| Qatar Tribune | Interview with CEO OSCAR YAMIN by Tribune News Network Doha Lebanon has unfortunately become a veteran in suffering ongoing crises of all kinds and sizes. Last year was an excruciating and painful one,...
| Arabian Post | Interview with CEO OSCAR YAMIN
CEO Oscar Yamin denies Syria fuel smuggling charges & alleges orchestrated campaign to malign company By Arabian Post Staff Amidst the latest Lebanese crisis, alleged fuel smuggling to Syria has been a recurring theme in both traditional media as well as social...
Coral and Liquigas are committed to providing gasoline and diesel to the people of Lebanon
In 2021, both Lebanon and Syria faced massive shortages of gasoline, which has economically destabilized both nations and harmed their citizens. Both Liquigas and Coral and their owners will continue to provide the much-needed gasoline and diesel to the people of Lebanon.
Coral and Liquigas take strong stance against bribery and corruption in fuel sector
Coral and Liquigas have faced a series of false allegations of corruption in Lebanon’s fuel sector by individuals and organizations attempting to destabilize the country further. Coral, Liquigas, and the Yamin family are responding to the Alma Research and Education Centers defaming rhetoric.
Coral Oil and Liquigas respond to false Al-Amana allegations
Coral Oil continues to be one of the few companies providing the people of Lebanon with much-needed gasoline and diesel fuel. Unfortunately, Coral Oil has been the victim of lies and slander during Lebanon’s unprecedented economic and social crisis.
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