Israel
News
October 17, 2023
Oil steadied as the U.S. intensified diplomatic efforts to contain the crisis in Gaza, with President Joe Biden slated to visit Israel this week to try to prevent a regional conflagration.
News
October 11, 2023
Executives at bp and ADNOC, already weighing whether to improve their initial proposal for the Israeli natural gas producer, are anticipating further delays on the deal until the political situation improves, according to people familiar with the matter, who requested anonymity as the matter is private.
News
October 06, 2023
Saturday’s strike and Israel’s subsequent declaration of war risk unnerving markets when they reopen Monday, with investors eyeing the reaction of the oil price as a guidepost, although crude traders aren’t anticipating an outsized surge.
News
September 18, 2023
This exploration license 434, similar to Zion’s previous exploration licenses, will be valid for three years until September 13, 2026, with the option of four 1-year extensions, for a total of seven full years until September 13, 2030.
News
June 15, 2023
On June 14, Zion Oil & Gas provided a fresh report on the status of its operations in Israel. The firm took the opportunity to share a few key takeaways from its recent annual meeting.
News
May 19, 2023
"Our preparations for the re-entry of the Megiddo-Jezreel #1 well (MJ-01) are underway, and we are excited about the potential for success by utilizing new perforation methods," said Rob Dunn, CEO of Zion Oil & Gas.
News
March 28, 2023
The move will deepen BP’s presence in the eastern Mediterranean and mark ADNOC’s first venture into the region, which has seen several major gas finds in the past 15 years and attracted billions of dollars of investment from energy firms.
News
March 13, 2023
Zion Oil and Gas is steadily moving forward with operational plans in anticipation of the new license being granted very soon. The company’s most recent updates have alluded to its intentions of re-entering the MJ-1 well.
News
February 14, 2023
While the country began sending natural gas abroad several years ago, its oil production has never been significant. The Karish deposit in the eastern Mediterranean Sea is Energean’s flagship project and has been pumping gas since last year.
News
November 15, 2022
TotalEnergies SE and Eni SpA are preparing to explore for natural gas in previously contested waters off the coasts of Lebanon and Israel, following last month’s accord between the two nations.
News
October 27, 2022
Lebanon and Israel have signed a U.S.-brokered deal that ends a dispute over gas-rich waters in the Mediterranean, paving the way for the development of energy resources.
News
October 03, 2022
American operator Zion Oil and Gas continues to be optimistic about a wildcat well it has drilled onshore Israel.
News
March 14, 2022
Energean announced a step in the continued development of its Israeli natural gas operations, signing a supply agreement with the Israel Electric Company, the largest Israeli buyer of natural gas.
News
January 20, 2021
The partners in the Leviathan and Tamar fields, which sit off Israel’s Mediterranean coast, signed an agreement under which Israel Natural Gas Lines Ltd. will lay a new subsea pipeline and expand some of its existing ones, according to a statement Tuesday from Delek Drilling LP, a shareholder in both reservoirs.
News
December 31, 2019
A decade after its discovery was lauded as a guarantor of Israel’s energy security, the giant Leviathan natural-gas field started production Tuesday. But instead of anticipating a coal-free future, residents living near the gas platform have abandoned their homes for a day.
News
December 19, 2019
Jerusalem’s district court ruled late Tuesday that the firms developing Leviathan are barred from pollutive activity until further notice, in effect halting operations.
News
September 11, 2019
Egypt expects to begin receiving natural gas from Israel by the end of 2019, the oil minister said, fulfilling a $15 billion deal that will position the North African country as an energy re-export hub on Europe’s doorstep.
News
March 05, 2018
Energean O&G signed a financing agreement with Morgan Stanley for $1.27 billion to finance development of two natural gas fields off the coast of Israel.
News
February 22, 2018
Egypt said it was settling financial disputes with an Israeli electricity company and a key pipeline operator to turn a $15-billion deal to import gas from the Jewish state into reality.
News
February 21, 2018
Cyprus is nearing an agreement to sell natural gas to Egypt, marking the second potential supply deal in as many days with the North African country vying to position itself as a regional energy hub after the startup of the giant offshore Zohr field.
News
February 19, 2018
Noble Energy, Inc., has announced that it has signed agreements to sell significant quantities of natural gas from Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt.
