Daily Oil & Energy News
Israel suggested on Monday that it is open to United States-mediated negotiations with Lebanon over a long-standing dispute over a maritime border—and if talks are successful, oil and gas exploration Continue Reading
Israel’s Energy Minister Yuval Steinitz ordered on Sunday that the country’s only operating natural gas field, the offshore Tamar field, be closed as a precaution after violence between militants in Continue Reading
Israel will resume gas production from offshore Tamar field after a ceasefire brought an end to a surge in violence in the Gaza Strip, the energy ministry said on Monday. Continue Reading
Israel’s Delek Group confirmed on Sunday it submitted a proposal through its Ithaca unit to buy Chevron’s oil and gas fields in the British North Sea. Last week Reuters reported Continue Reading
The US shale boom has made it possible for the Trump administration to take stronger positions in support of Israel, including recognizing its sovereignty over the Golan Heights because it Continue Reading
All the requirements needed for the start of Israeli gas exports to Egypt are not yet in place, an Israeli energy ministry source said, with first flows now not expected Continue Reading
The discovery of the giant gas field Tamar of the coast of Israel in 2009 was the beginning of a new period for the Eastern Mediterranean as an energy hot Continue Reading
Exxon Mobil Corp is considering exploring for oil and gas in Israel, said a person with direct knowledge of the matter, in what would make Exxon the first oil major Continue Reading
Israel’s Energy Ministry unveiled on Tuesday a plan to end the sale of new gasoline and diesel-powered cars by 2030 and replace them with electric vehicles (EVs) and trucks running Continue Reading
The deputy head of Iran’s Revolutionary Guards warned U.S. and Israeli leaders on Monday to expect a “devastating” response from Tehran, accusing them of involvement in an attack on a Continue Reading
Saudi Arabia is reported to have purchased the Iron Dome missile defence system from Israel signaling a rapprochement between the two countries, according to several diplomatic sources quoted in Al-Khaleej Continue Reading
Iran warned on Wednesday it would hit U.S. and Israeli targets if it were attacked by the United States after President Donald Trump’s security adviser said Washington would exert maximum Continue Reading
An Egyptian company is set to begin importing gas from Israeli offshore fields in the first quarter of 2019 and to re-export it as part of its plan to become Continue Reading
An Egyptian company plans to start importing gas from Israel for re-export in the first quarter of 2019, sources in the country’s energy sector said on Sunday, under agreements signed Continue Reading
The past year has witnessed a more out in the open proxy war between the two grow in Syria, but the role of both in Yemen has been more obscured: Continue Reading
Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that links the Red Sea to the Gulf of Aden, Prime Minister Benjamin Netanyahu Continue Reading
The Trump administration is pressing Israel to go ahead with a gas pipeline deal it signed with Jordan a few years ago, writes Israeli reporter Barak Ravid for Axios, citing Continue Reading
A floating production facility is slated to start drilling for natural gas off the coast of Israel by early next year, Energean Oil and Gas said Monday. Energean said it Continue Reading
Brent crude briefly jumped above US$77 a barrel today after a flare-up of tensions in the Middle East and an exchange of strikes between Iranian forces in Syria and the Continue Reading
Israel said it attacked nearly all of Iran’s military infrastructure in Syria on Thursday after Iranian forces fired rockets at Israeli-held territory for the first time. It was the heaviest Continue Reading
The Israeli military said Thursday that it had bombed dozens of Iran-linked military facilities in Syria, as tensions between the three countries soared. The army said in a statement that Continue Reading
The Syrian Observatory for Human Rights said on Wednesday an Israeli attack on Iranian military facilities south of Damascus had killed at least 15 people, including eight Iranians. An Israeli Continue Reading
Israel went on high alert for a possible flare-up with neighboring Syria on Tuesday as U.S. President Donald Trump announced he was withdrawing from the 2015 nuclear deal with Iran. Continue Reading
Israeli Prime minister Benjamin Netanyahu speaks during a news conference at the Ministry of Defense in Tel Aviv, Israel April 30, 2018. Prime Minister Benjamin Netanyahu revealed a cache of Continue Reading
Israeli Prime Minister Benjamin Netanyahu stepped up pressure on the United States to pull out of a 2015 nuclear deal with Iran, holding a primetime address on Israeli TV to Continue Reading
Israel faces a harsh new world as Syria’s civil war winds down: while Iran remains far away, the Iranian threat now is next door. There are several hundred miles and Continue Reading
Israeli soldiers taking part in a training session last week in the Golan Heights. SYRIA-ISRAEL BORDER, Golan Heights — Ever since the Iranian Islamic Revolution in 1979, Iran and Israel Continue Reading
Israel is a nation that has built its economy on downstream industries, being traditionally bare of natural resources and primary materials. Now, thanks to offshore discoveries of massive natural gas Continue Reading
French energy services company TechnipFMC secures contract for work offshore Israel less than a week after a developer made a final investment decision. Photo courtesy of TechnipFMC March 26 (UPI) Continue Reading
Following its initial public offering on the London exchange, Greek energy company Energean said it was making a $1.6 billion investment in gas offshore Israel. Energean said it was using Continue Reading
Big oil companies are pushing into Mediterranean waters off Israel, Lebanon and Egypt after years of U.S. diplomacy helped break open a political logjam around giant Middle Eastern natural-gas discoveries. Continue Reading
Israel’s energy minister said this week that the country aims to eliminate the use of coal, gasoline and diesel fuel by 2030. Speaking at an energy conference in Tel Aviv, Continue Reading
Investors in Israel’s natural-gas fields agreed to supply an Egyptian company with gas valued at $15 billion, a deal that will build on growing ties between once-hostile neighbors that now Continue Reading
During a televised address in Beirut on Friday Hezbollah Secretary General Sayyed Hassan Nasrallah once again warned Israel to back off its claims over disputed oil and gas field just Continue Reading
Egypt clarified that option to import Israeli gas still open Previous arbitration ruling remains an obstacle to deals A natural gas production platform west of the Ashkelon shore in Israel. Continue Reading
When Lebanon’s Prime Minister Saad Hariri paid a visit to Russian President Vladimir Putin mid-September , most media coverage revolved around political and military issues. Yet the meeting was part Continue Reading
The value present in the Leviathan gas field off the coast of Israel was revised higher for one of the drilling partners, an independent review found. Delek Drilling, an Israeli Continue Reading
Eviation’s Orca surveillance drone at 2017 Paris Air Show Israeli startup Eviation plans to build an all-electric short-haul 9-pax airliner capable of flights up to 600 miles and have it Continue Reading
Turkish President Tayyip Erdogan makes a speech at the 22nd World Petroleum Congress in Istanbul, Turkey, July 10, 2017. REUTERS/Murad Sezer Turkey warned Greek Cypriots on Friday not to make Continue Reading
Eviation’s Orca surveillance drone at 2017 Paris Air Show Israeli startup Eviation plans to build an all-electric short-haul 9-pax airliner capable of flights up to 600 miles and have it Continue Reading
Parties to the development of the Leviathan natural gas field off the coast of Israel said they’re ready to tap into a loan to facilitate momentum. Delek Group, alongside its Continue Reading
Quite suddenly, there is remarkable oil industry news to come out of the East Mediterranean region. If the plan is executed, in the space of seven years the balance of Continue Reading
Aiming to prove their commitment to Israel, senior U.S. lawmakers are backing bipartisan legislation that would slap Iran with new sanctions while maintaining rigorous enforcement of the landmark nuclear deal. Continue Reading
Conventional wisdom suggests that the world economy is in a slow but steady recovery from the 2008 financial crisis. Some economists, however, including Nafeez Ahmed , author of several books Continue Reading
Wood Group, which provides services for energy producers and explorers, said it’s completed design work for the giant Leviathan gas field offshore Israel. The company said it completed its seven Continue Reading
The partnership in control of Leviathan, among the largest gas fields in the world, said they reached an investment decision that envisions flows by 2019. Delek Group and its partners Continue Reading
Firefighters are battling a blaze that erupted in a fuel tank at the Oil Refineries Ltd. facility in the northern city of Haifa, police said. No injuries were reported. The Continue Reading
Partners behind one of the larger natural gas fields off the coast of Israel unveiled plans to start formal production operations in roughly three years. Delek Drilling Ltd. and Avner Continue Reading
Israel, Greece, and Cyprus have decided to take their proposal for a pipeline from gas fields offshore Israel and Cyprus to Europe, Israeli energy sources said late Thursday. This followed Continue Reading
The partners tapping into one of the largest natural gas fields ever discovered off the coast of Israel said they brokered a power deal worth $2 billion. Delek Drilling, Texas-based Continue Reading