Latest news
Israel reaches an agreement to expand Leviathan gas field
Israel's government declared on Thursday it had reached an agreement with a U.S.-Israeli conglomerate on the expansion of the vast Leviathan gas field and two other offshore wells.
read more... 14/08/2015
Israel inks agreement for $1.1 billion thermo-solar power plant
Israel inked an agreement to construct a 4 billion shekel ($1.05 billion) thermo-solar power plant in the country's south, intended at increasing electricity production from green energy sources, as stated by the Finance Ministry on Sunday.
read more... 20/07/2015
Daily: Crude oil prices recover on Israeli Prime Minister warning about a bad nuclear deal
Crude oil prices recovered on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned that the Obama administration was negotiated a bad nuclear deal with Tehran, which would almost guarantee nuclear weapons, while Libyan forces targeted oil terminals in the African nation. Brent crude front-month contract rose by $1.48, or 2.5 percent, to settle at $61.02 a barrel. It slipped nearly 5 percent on Monday, its biggest loss in a month. WTI crude increased by 88 cents at $50.47 a barrel, after it has lost ground earlier.
read more... 04/03/2015
Italy’s Edison suspends negotiations to acquire two Israeli gas fields
Italy's Edison is reexamining the purchase two Israeli gas fields because of increasing regulatory insecurity and talks have already been suspended, as stated by a source at the company.
read more... 10/02/2015
Tamar gas corporation plans improvement, counting pipeline to Egypt
Israel's offshore Tamar gas field could obtain an improvement of $1.5-$2 billion, counting the construction of an undersea pipeline to an export plant in Egypt operated by Spain's Union Fenosa Gas (UFG).
read more... 21/11/2014