Partners aiming to exploit the rich natural gas reserves offshore Israel said they would take the steps needed for rapid development after a government nod. The Israeli Cabinet during the weekend approved revisions to a plan for the development of the Leviathan natural gas field in the Mediterranean Sea. The government of Israeli Prime Minister Benjamin Netanyahu called it a historic step for the nation’s economy. The Israeli government gave its consent to revised operational plans after a previous arrangement was struck down early this year by the Israeli Supreme Court . Noble Energy and its partners working to tap gas reserves offshore were notified in March by the court […]