News
August 31, 2015
Shares of the natural-gas exploring units of Delek Group Ltd. plunged the most in 14 years in high volume on concern the discovery of the Mediterranean’s largest field off the coast of Egypt will curtail their exports.
News
August 30, 2015
Eni has discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in the Mediterranean Sea.
News
August 16, 2015
The Israeli cabinet approved a regulatory blueprint for developing the country’s natural gas fields, backed by Prime Minister Benjamin Netanyahu and opposed by detractors who call it overly generous to energy companies.
News
August 14, 2015
Israel and the developers of the country’s natural gas fields reached an agreement on a regulatory framework, coming one step closer to resolving a dispute that’s held up production.
News
July 13, 2015
The ruble weakened for the first time in three days as declining prices for crude, Russia’s main export earner, offset investor optimism after Greece reached a deal with creditors.
News
July 06, 2015
Crude tumbled the most in five months amid mounting concern about economic stability in Europe and Asia.
News
June 29, 2015
Israel’s proposed guidelines for regulating its natural gas reserves are the best it can hope for because the local industry can’t support competition, a senior government official said.
News
June 25, 2015
A forum of top Israeli ministers will meet on Thursday to try to break up a regulatory logjam stalling the development of Israel’s biggest natural gas field.
News
June 19, 2015
Russia signed a preliminary agreement on building a natural-gas pipeline through Greece, a deal that signals strengthening ties between the countries as the crisis-stricken government in Athens is increasingly isolated from the rest of Europe.
News
June 17, 2015
Delek Group Ltd. rose to the highest since December as investors discerned an end to months of regulatory uncertainty that halted development of Israel’s offshore natural gas fields.
News
June 01, 2015
ION Geophysical has commenced reprocessing approximately 5,000 km of existing 2D Crosta Profonda (CROP) data in a geologically complex region offshore Italy extending from west of Sardinia through the Sicilian Channel and into southern Italian waters.
Article
April 2015
Exploration in western and southern Greece is moving offshore, and the Second Offshore Licensing Round was opened in second-half 2014. Seismic data will improve, as will understanding of this complex region.
News
March 18, 2015
Gulf Publishing Company opened its third annual Eastern Mediterranean Gas Conference (EMGC) with a welcome from John Royall, President of Gulf Publishing Company.
News
March 11, 2015
TEL AVIV -- Palestine Power Generation Co. may cancel a deal to buy gas from Israel’s largest offshore field due to regulatory and development delays, the partners in the Leviathan field said in a filing on Wednesday.
News
February 25, 2015
McDermott International and Petrofac have formed a strategic marketing alliance to pursue top-tier deepwater subsea, umbilical, riser and flowline (SURF) projects.
News
December 23, 2014
JERUSALEM (Bloomberg) -- Israel’s gas stocks plunged after the antitrust commissioner signaled he may take action that would hurt companies developing the country’s two largest natural gas fields. Antitrust chief David Gilo said he was reconsidering his March 2014 agreement to let a partnership led by U.S.-based Noble Energy and Israel’s Delek Group retain its stakes in the Leviathan and Tamar reserves if they would sell smaller fields. He said the arrangement may crimp competition and that he was considering declaring the partnership a monopoly, a move that might require it to sell holdings in one of the two big fields.
