Latest news

World’s longest undersea gas pipeline project got the green light

The governments of Italy, Israel, Greece and Cyprus agreed to move ahead with the world’s longest undersea gas pipeline from the eastern Mediterranean to southern Europe, backed by the European Union.

read more... 05/04/2017

news

Israel-Turkey gas pipeline could be operational in four years

An underwater pipeline linking Israel’s huge offshore gas field Leviathan to Turkey could be ready by the end of 2020, according to an Israeli official.

read more... 03/03/2017

news

Leviathan gas project to pump $3.75 bln in the first stage of development

Developers of the Leviathan natural gas field approved a $3.75 billion final investment decision (FID) in the first phase of the giant reservoir, the largest energy project in Israel's history.

read more... 23/02/2017

news

The Leviathan field to start producing gas in 2019

US-based Noble Energy has unveiled plans to advance the development of the Leviathan natural gas field located in the eastern Mediterranean Sea area off the coast of Israel to start production by the end of 2019.

read more... 15/02/2017

news

Daily (02.02.2017): Crude oil rallies on Iran ballistic test launch

Crude oil prices soared on Wednesday, increasing more than $1 a barrel after Iran confirmed that it recently conducted a ballistic missile test launch, a move that drew criticism from U.S. and Israeli officials this week and increased concerns about the potential violation of a United Nations Security Council resolution.

read more... 02/02/2017

news