Tag: Offshore

Israel recently issued tenders for drilling 24 blocs of 400 square kilometers.

On Monday Minister Yisrael Katz (Likud) told reporters: “I do not think it is right to lock up two million people without any connection to the world."

"If this can be realized it would position Israel well from the geopolitical and geostrategic point of view. Israel can become a significant player."

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

The shekel-dollar rate sank to a two-year low Wednesday, reaching to as low as under 3.56 shekels to the dollar, after President Barack Obama...

Israel may have struck it rich twice – once with indications of oil off the southern coast and twice with the prospect of Hamas and Abbas fighting it out over probable claims to the Israeli discovery.

Additional natural gas, and possibly light oil have been found at the Yam 3 drill site, 16 kilometers off the coast of Ashdod, according...

Yitzchak Tshuva expressed regret that the gas flow's arrival into Israel was being presented as having desecrated the Shabbat or the Pesach Holiday.