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British, UAE Gas Giants Make $4 Billion Bid for Israel’s NewMed Energy

NewMed holds a 45 percent stake in Israel’s Leviathan offshore gas field, the second largest gas field in the entire Mediterranean Sea.

Yitzhak Tshuva Sells UAE his $1 Billion Share in Tamar Gas Field

The Delek Group's attempts in recent years to sell its stake in Tamar a number of different ways have failed.

After Acquiring Noble Energy, Chevron Shuts Off the Gas to Israel, Demands Higher Prices

Chevron's entrance is definitely a game changer, just not the one Netanyahu expected.

Hundreds of Jordanians Protest Against Gas Deal with Israel

Jordanian parliament is expected to submit an urgent request on Sunday to ban the purchase of natural gas from the Jewish state.

Leviathan Gas Rig Begins Pumping Gas to Israel

In total, some 35 trillion cubic feet of gas have been found in Israeli waters, worth some $500 billion.

Italian Giant Says New Egyptian Gas Field Is 5 Times Israel’s Reserves

Oil and gas sector shares are trading at sharp declines on the Tel Aviv Stock Exchange, reaching a 7.5% decline by mid-week – and that's before the actual reports about the new field have been issued.

Delek Group Announces Final Go Ahead for Leviathan Off Shore Drilling

The Partnership intends to finance its share in the Leviathan Reservoir development costs, inter alia, through credit from a consortium of local and foreign finance providers

High Court Suspends Natural Gas Deal, Harming Israel’s Relations with Energy Firms

The court gave Netanyahu a year to fix the "stability clause" or the gas outline is dead.

Israeli Government Again Faces Fight Over Noble-Delek Gas Outline

Israel's government is gambling with a Knesset vote in hopes of finding a way past the latest obstacle in the gas deal drama.

Natural Gas Discovered in Egypt’s Nile Delta; Will Israeli Gas Still Be Needed?

Italian Eni energy firm has discovered natural gas in Egypt's Nile Delta. Will Israeli gas still be needed?

Tel Aviv Crowd Protests Israeli Government Gas Deal

You know it's summer when Tel Aviv comes out to protest. This time it was a new gas deal.

Chinese Companies Invest in Israel

Chinese firms are snapping up promising Israeli companies as they go on sale.

Israel is Energy Exporter in $15b Gas Deal to Jordan

Israel became an energy producer for the first time today, after closing a deal to export natural gas from Leviathan gas field to Jordan.

Tanin and Karish Gas Fields Declared “Proven Discoveries”

Now, Noble Energy and Delek can sell the offshore fields and avoid being labeled a cartel.

Tshuva To Export 20% of “Tamar” Gas Field to Egypt

Egypt is to receive 4.5 BCM (billion cubic meters) each year for 15 years, valued at 1.1 to 1.3 billion dollars a year.

Israel Testing Natural Gas Trucks

The Israeli Ministry of Transportation is testing natural gas powered trucks to approve them for import and usage in Israel. Mercedes, Scania and Iveco...

More Natural Gas Found

Israel has (more) gas. Baruch Hashem. But who should profit?

Israel to Generate 70% of Electricity from Gas by 2016, but Policymakers Lag Behind

Recent news of a massive natural gas well have turned eyes on Israel’s struggle to adopt an energy policy in the wake of its first-time gas wealth. Trying to measure the value of energy independence against short-term profits, Israel has shown that its unexpected blessing comes with a price.

Delek Signs $5 Billion Gas Deal With Dalia Power

Tamar gas field will supply Dalia with 1.38 billion cubic meters of gas over 17 years.

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