Across the board, Israel has profited or saved from its natural gas reserves.
Hamas doesn't want to openly bicker about their share of the gas, as that would take away focus from “igniting” the region.
By Aryeh Savir, Tazpit News Agency
This signing of the MOU is “another step on the way to Israel’s positioning as a natural gas power.” the Ministry of Energy stated.
By Israel Hayom
The “Gas for Gaza” initiative seeks to see natural gas pumped from Israel's Leviathan gas field into the Gaza Strip, according to Arab media.
By David Isaac
Elai Rettig, assistant professor at the Department of Political Studies at Bar-Ilan University, says Energy Minister Karine Elharrar’s refusal to award new offshore licenses for gas exploration is “odd” because “she positions it as against gas. One doesn't have to come at the expense of the other.”
By Jewish News Syndicate (JNS)
An Egyptian company will buy 85 billion cubic meters of gas, worth an estimated $19.5 billion, from Israel’s Leviathan and Tamar offshore fields in the Mediterranean Sea over a period of 15 years.
Delek Drilling holds 22% of the Tamar and Dalit holdings.
By David Isaac
Israel's Environment Minister criticized the use of natural gas, while her own ministry praised the use of natural gas in dramatically reducing local pollutant emissions.
By Aryeh Savir, Tazpit News Agency
This is the first official visit by an Egyptian minister to the Jewish state since 2016.
Chevron's entrance is definitely a game changer, just not the one Netanyahu expected.
By Jewish News Syndicate (JNS)
The agreement, reached with Cyprus, Greece and Italy, reportedly will see the 1,200-mile pipeline built by 2025.
"Israel is quickly becoming an energy powerhouse, an energy-exporting country."
By Jewish News Syndicate (JNS)
Jordanian parliament passed the motion in a unanimous vote, but it may not become law • Vote come just days after mass protests in Amman against Israel-Jordan gas deal.
By Aryeh Savir, Tazpit News Agency
In total, some 35 trillion cubic feet of gas have been found in Israeli waters, worth some $500 billion.
The government approved the export of a total of 60 billion cubic meters (bcm) of natural gas from Leviathan, and 25 bcm from Tamar over the next 15 years.
Egyptian gas companies halted deliveries of natural gas between 2011 and 2013 after terrorists blew up the pipeline in the SInai.
Steinitz said he is considering setting a goal of 25%-30% for renewable energy production in Israel.
Leviathan is one of the world’s largest deep-water natural gas discoveries found in the first decade of the 21st century.
By Eliana Rudee
Each party has an incentive to settle the territorial dispute so that international companies exploring waters will invest.
By Jewish News Syndicate (JNS)
Lebanon claims parts of Israel's gas fields are in Lebanon's exclusive economic zone.
Netanyahu described it as a great revolution – turning the State of Israel into an energy power.
By JNi.Media
A new joint study by the Geological Survey, the Hebrew University, and the University of Haifa completely changes the basic conceptions by which large energy companies are looking for gas and oil in the eastern Mediterranean basin.
By JNi.Media
Greek energy company in negotiations for natural gas deal with Israel Chemicals, OPC Energy and Oil Refineries Ltd.
By JNi.Media
Israel recently issued tenders for drilling 24 blocs of 400 square kilometers.
By JoeSettler
John Kerry's rant at the Saban Forum was fascinating in that it illuminated everything that is wrong with the supporters of the two-state solution peace process.
By JNi.Media
Alongside the need to restrain the legislator, Shaked sees a dire need to restrain Israel's expansionist Judiciary.
By JNi.Media
The deal between Israel and the PA comes in the wake of a major deal that was reached between Israel and the PA on managing the latter's $530 million debt to the Israel Electric Company.
By JNi.Media
The business community rejects the fabricated accusations against Israel perpetrated by the BDS activists.
A security official told a Knesset committee the attack during Operation Protective Edge missed its objective of blowing up the rig.
Prime Minister Benjamin Netanyahu spoke with Thursday morning with the CEO of Italy's state energy company ENI, Claudio Descalzi to discuss off-shore gas fields. ENI recently shell-shocked Israel's dreams for getting rich over natural gas by announcing the discovery of a gigantic gas field off the Egyptian coast, a find that is far larger […]
Aryeh Deri, chairman of the Shas Sephardi Hareidi party, will leave the Ministry of Economy and be given another Cabinet post following the failure of the Netanyahu government to convince him to relinquish authority over the roadmap for governing Israel's off-shore natural gas fields. Deri will continue to serve as Minister of the Development of […]
The Knesset approves a gas outline which also transfers authority from the economy minister to the government.
The Knesset approved part of the natural gas framework Monday by a 59-51 vote after two years of constant threats by natural gas companies to pull out of the development of off-shore energy fields. However, Prime Minister Binyamin Netanyahu postponed a vote on the critical part of the deal that gives the government full authority […]
MK Jamal Zahalka said everything that a right-winger thinks but would not dare say about leftists - "racist", "spoiled" and "engineers of expulsion."
The gas field is far larger than those discovered off Israel's coast and will supply Egypt with gas for decades.
By JNi.Media
Yachimovich said: “I say to both Finance Minister Kahlon and Economy Minister Deri — I’m disappointed in you. You have betrayed the public’s trust.”
By JNi.Media
“For the sake of Israel’s security, it should keep the natural gas it has found in the country, and convert everything it can to operate on gas.”
The ISIS is making inroads in the Sinai and reportedly has threatened to attack Eilat.
Apparently, EMG, despite its being the owner and operator of the gas pieline whose flow is to be reversed under the new deal, "is not a party to the reported deal."
Texas-based Noble Energy is the field's operator.
Islamists blew up Egypt’s natural gas pipeline in northern Sinai Tuesday morning. All roads to the area have been closed. The “Champions of Israel," known in Arabic as Ansar Beit al-Maqdis, previous has claimed responsibility for numerous bombings and attacks on Egyptian forces and has pledged its allegiance to the ISIS. Every time the terrorists […]
It is hard to believe, but Egypt is now dependent on Israel for gas instead of the other way around.
The higher rate is good news for Israelis with dollar accounts and for U.S. tourists.
Turkey is not going to be signing any deals for Israeli natural gas exports any time soon, says Turkish Energy Minister Taner Yildiz.
Parliament speaker to ask US Secretary of State John Kerry to intervene, give up claim to coastal waters
By Shalom Bear
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’s new position of being energy self-sufficient is merging with Jordan’s more dependent on Jerusalem.
Palestinian Authority chairman Mahmoud Abbas asked Russian Prime Minister Dmitry Medvedev Thursday to invest in a $1 billion natural gas project off the coast of Hamas-controlled Gaza, Russia’s news agency reported. Abbas is vesting Moscow, which has been a strong backer of the Palestinian Authority. Securing a huge investment for Gaza would help Abbas win […]
Noble told analysts that drilling will not begin before the end of next year.
By dvora
plans for a major coal-energy plant to be built in Ashkelon have basically been shelved.
By Shalom Bear
The experimental plant can generate 100,000 gallons of gas a year.
At first we thought the article in Globes was a joke, but it turns out its not.
The Israeli Ministry of Transportation is testing natural gas powered trucks to approve them for import and usage in Israel. Mercedes, Scania and Iveco have applied for import licences according to Globes. Yitzchak Tshuva's Delek Gas company, which owns the rights to the Tamar and Leviathan offshore natural gas sites is planning to build natural […]
Additional natural gas, and possibly light oil have been found at the Yam 3 drill site, 16 kilometers off the coast of Ashdod, according to a report in Globes. It's not yet clear how much gas and oil has been found.
Turkish Prime Minister Recep Tayyip Erdogan’s anti-Israel rhetoric is interfering with Turkish-Israeli cooperation that could turn Turkey into a regional energy base to ship Israeli natural gas to Europe. “Their inability to complete a pipeline deal would hurt Turkish ambitions to become a regional transit center and mean continued dependence on Russia and Iran for […]
One dollar bought slightly more than 3.57 shekels Monday morning as the shekel lost some of its recent strength, possibly because of the violence in Egypt, according to the Atrade foreign exchange service. The shekel also weakened against the Euro. The Israeli currency, which most analysts believe will strengthen over the long-term, was trading at […]
Hang on to your shekels. The Israeli economy is stable and Moody's okays its A1 debt rating. But in US, one economist says America’s debt is understated by 75 percent and is $70 trillion.
By JTA
An Israeli energy company has announced plans to export natural gas via pipelines through Turkey and other countries in the Middle East. The Delek Group, the parent firm for several energy and gas exploration companies, said in its new prospectus that it plans to export some of the newly discovered natural gas off the Mediterranean […]
Offshore gas fields should be allowed to export no more than 40 percent of the natural gas they produce, Prime Minister Binyamin Netanyahu announced Wednesday. The Cabinet is expected to approve the recommendation at Sunday’s weekly session. The limit is more restrictive than the 53 percent that was suggested by a committee set up to […]
Thank God it was Greenpeace and not Hezbollah. If terrorists, instead of activists, had entered Israel’s natural gas terminal and roamed freely for 90 minutes, it would have been a mass catastrophe.
Israel has (more) gas. Baruch Hashem. But who should profit?
Bank of Israel Governor Stanley Fischer announced on Monday a surprise cut the prime interest rate as part of his battle to fight the appreciation of the shekel and help the economy to keep growing. The financial markets responded with the shekel-dollar rate rising more than 1.5 percent to the level of 3.61 shekels to […]
Bill Clinton’s wealth is more than $55 million. He gets a double dividend as a paid energy lobbyist and being a “friend” of Israel by lobbying against the government’s taxing newly-found gas.
The valuable Cypriot gas fields are located halfway between the Cypriot and Israeli coast.
By Moshe Herman
Yishai is joined by Tamir Druz, the CEO of Israel CNG to discuss massive natural gas fields recently discovered in Israel. They talk about the discovery of the fields along with the potential uses for clean natural gas including its use in cars and buses throughout Israel.
Netanyahu will discuss natural gas, security cooperation.