Tag: Israel

Israel’s Negev desert solar power facility: Gov’t looks for firms to build project

Israel’s Negev desert solar power facility: Gov’t looks for firms to build project

Negev desert solar power facility “unprecedented”: Finance Ministry JERUSALEM, Sept 19 (Reuters) – Israel is planning a tender for building its largest ever solar power facility, which will have a capacity of up to 500 megawatts, in the southern Negev desert. The photovoltaic (PV) field will be “unprecedented” in size for Israel, covering about 6 […]

By September 19, 2016 0 Comments Read More →
Turkey-Israel deal set to start a Middle East gas bonanza

Turkey-Israel deal set to start a Middle East gas bonanza

Potential Israel natural gas collaboration with Egypt, Jordan would also ensure stability of two major US Arab allies in region fraught with instability By Aurangzeb Qureshi With Turkey and Israel about to restart diplomatic relations after a six-year hiatus, it would be remiss to not mention the role of natural gas in the deal. In 2010, Israel discovered the Leviathan […]

By September 8, 2016 0 Comments Read More →
Routes for Israeli gas to Europe sought after fixing red tape

Routes for Israeli gas to Europe sought after fixing red tape

Israeli gas pipelines planned through Egypt, Turkey, Greece By Ron Bousso LONDON, Sept 1 (Reuters) – Israel has overcome delays to the development of its offshore natural gas fields and wants to establish at least two export routes to Western Europe, its energy minister told Reuters. Major gas discoveries over the past seven years brought Israel […]

By September 1, 2016 0 Comments Read More →
Israel announces first offshore energy exploration licensing round – IHS Markit

Israel announces first offshore energy exploration licensing round – IHS Markit

In last decade, the giant Tamar and Leviathan gas fields, along with other significant finds, were discovered in offshore Israel HOUSTON – The Israeli Ministry of Infrastructures, Energy and Water Resources, the government agency responsible for overseeing all petroleum-related activities in Israel, plans to host a road show in Sept. 2016 for promotion of the country’s […]

By August 19, 2016 0 Comments Read More →
Swiss court backs Iran in Eilat-Ashkelon Pipeline row with Israel

Swiss court backs Iran in Eilat-Ashkelon Pipeline row with Israel

Eilat-Ashkelon Pipeline built in 1968 when Iran, Israel were friendly ZURICH, Aug 11 (Reuters) – Switzerland’s highest court has ordered Israel to pay Iran around $1.1 billion plus interest in a decades-old dispute over the Eilat-Ashkelon Pipeline, a secretive oil pipeline company predating the 1979 Islamic revolution which made the countries enemies. The Swiss Federal […]

By August 11, 2016 0 Comments Read More →
With Israeli natural gas policy set, waters open for new exploration

With Israeli natural gas policy set, waters open for new exploration

Israeli natural gas, oil blocks found in Mediterranean By Ari Rabinovitch JERUSALEM, Aug 10 (Reuters) – Israel is preparing to tender 24 offshore exploration blocks as it looks to bolster its oil and gas industry after a four-year lull sparked by regulatory uncertainty and stock-price volatility. Their proximity to a number of large and proven gas […]

By August 10, 2016 0 Comments Read More →
Texas-based Noble Energy in talks with Israel’s Harel to sell stake in Tamar gas field

Texas-based Noble Energy in talks with Israel’s Harel to sell stake in Tamar gas field

Noble and its Israeli partner Delek Group control a number of natural gas fields off Israel’s coast JERUSALEM (Reuters) – Israel’s Harel Insurance Investments and Financial Services said on Sunday it is in talks to buy up to 4 percent in the Tamar natural gas field from Texas-based Noble Energy. Tamar was discovered in the […]

Leviathan partners shrug off Israel’s downgrade of giant gas field’s size

Leviathan partners shrug off Israel’s downgrade of giant gas field’s size

Texas-based Noble Energy has a 39.66% of Leviathan, which is big  enough to meet domestic Israel demand and exports By Ari Rabinovitch JERUSALEM (Reuters) – The partners in Israel’s Leviathan natural gas field on Sunday shrugged off a lower estimate of its size from the country’s Energy Ministry, which said the field could be 20 […]

Texas-based Noble Energy, Leviathan partners sign $3 billion Israeli natural gas supply deal

Texas-based Noble Energy, Leviathan partners sign $3 billion Israeli natural gas supply deal

Texas-based Noble Energy, Israeli conglomerate Delek Group and Israel’s Ratio Oil Exploration own Leviathan site JERUSALEM, May 29 (Reuters) – The partners in Israel’s Leviathan natural gas field said on Sunday they had signed a deal to supply as much as $3 billion worth of gas to a new private power plant in central Israel. Leviathan, one […]

US, Israeli energy ministers sign new energy agreement

US, Israeli energy ministers sign new energy agreement

Agreement covers oil and gas, alternate fuels, smart power grids, water desalination, cyber protection of infrastructure Jerusalem – The US Department of Energy and the Israeli Ministry of National Infrastructure have signed an agreement Monday that will further enhance cooperation between the two countries. “Today, our nations further solidified our ongoing cooperation,” said U.S. Energy […]