Posts Tagged: natural gas

Israel’s Offshore Gas to Help Europe Grapple With Energy Crisis, Says PM
Prime Minister Yair Lapid vowed Sunday that offshore gas extraction from the Karish oil rig will help boost natural gas exports and put Israel in...

First Shipment of Gas Delivered from Israeli Karish Field
The first shipment of natural gas from Israel’s Mediterranean Karish gas field has been delivered, the company developing the field announced on Wednesday. London-based Energean...

In ‘Historic’ First, Israel to Export Natural Gas to Europe
Israel on Wednesday signed a preliminary agreement with Egypt and the European Union that will enable it to export natural gas to the 27-member bloc...

As West Looks to Wean Off Russian Energy, Israel Sees Opportunity in Mediterranean
With the Russian invasion of Ukraine pressuring western countries to curtail their dependence on Moscow's gas and oil, Israel is looking to build bridges for...

Israeli Energy CEO Says Europe Can’t Avoid Russian Gas in Short Term, Floats Israeli Exports
The head of one of Israel's biggest energy companies said Thursday that Europe will be unable to forgo Russian natural gas supplies in the short...

Report: Israel to Supply Natural Gas to Lebanon
i24 News - Israel will supply natural gas to Lebanon in a US-brokered deal intended to minimize Iran’s hold over the impoverished and crisis-stricken country,...

Israel’s HomeBiogas Is Powering Homes With Recycled Natural Gas
CTech - The climate crisis has become a first-rate concern as of late, and companies are looking to find innovative solutions in several areas, especially...

Traffic in Suez Canal Resumes After Stranded Ship Refloated
Egypt's Suez Canal will reopen for shipping traffic in both directions on Monday evening after a giant container ship which had been blocking the busy...

‘Supergiant’ Gas Field Found Near Coast of Egypt
JNS.org - An Italian energy company has announced the discovery of a "supergiant" natural gas field near the coast of Egypt. According to the Italian energy firm Eni,...
Bank of Israel: Natural Gas Canceled Out Negative Economic Effects of Protective Edge
Israel's domestic production of natural gas countered the economic losses from the Jewish state's Operation Protective Edge's last summer, according to the Bank of Israel's...
Energy Deals Can Alleviate Middle East Tensions, Says State Department Envoy
A State Department Envoy has said that energy ties between Israel and Egypt, Turkey and Jordan will provide a healthy counterbalance to political tensions in...

Israel’s Foreign Currency Reserves Reach Record $86 Billion at End-April
Israel's foreign currency reserves climbed to a record $86.5 billion at the end of April, up $921 million from March, the Bank of Israel said. Reserves stood...
Australian Energy Giant Signs $2.5 Billion Deal for Stake in Israel’s Leviathan Gas Field
JNS.org - Australian energy giant Woodside Petroleum Ltd. has signed a preliminary $2.5 billion deal to own a 25 percent stake in Israel's Leviathan...
Tamar Natural Gas Field Worth $52 Billion to Israeli Economy – Ernst & Young
The natural gas in Israel's Tamar field is worth some $52 billion to the Israeli economy, accountants Ernst & Young Israel said in a new...