Israel | Egypt Oil & Gas - Part 8

Israel Agrees to Mediterranean Field Deals

Israel’s cabinet has reached agreements with Noble Energy and Delek Holdings to increase gas production in the East Mediterranean fields of Tamar and Leviathan, reported Quartz. The new deal, which still must be appro...

Chinese Demands Jeopardize Joint Oil Projects with Iran, says Iran

Trouble seems to be brewing between China and Iran according to statements made by Iran’s Deputy Petroleum Minister Abbas She’ri-Moqaddam, quoted by Press TV. He said that China insists that too much financing b...

Israel Still Struggling to Produce Gas from Mediterranean

Despite promising signs, Israel is still struggling to produce large amounts of natural gas from its Mediterranean fields, says Reuters. The Tamar field, estimated at around 10tcf of reserves, has only one operating p...

Israel and Cyprus Pursue Hydrocarbons for Peace

Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nicos Anastasiades are looking into seeking into tap into the potential of natural gas in the sea bed beneath both countries. “There is palpably re...

Cyprus Visit to Push Israeli Energy and National Interests

Prime Minister Benjamin Netanyahu is scheduled on Tuesday to take his first visit abroad since his reelection in March, traveling 45 minutes to Cyprus for a visit of less than 12 hours. Netanyahu’s visit to Cyprus fol...

Israel Cabinet Votes on Compromise Solution with Noble, Delek

Israel’s security cabinet voted on Thursday in favour of a plan that would allow a U.S.-Israeli energy group to keep control of most of the country’s natural gas deposits but would also put some others up ...

Israel’s Offshore Gas Exports Face Possible Delays

Gas production at the Leviathan field offshore Israel is now expected to start in 2020, delayed from the latest estimate of early 2018, energy industry sources said Sunday. They said the revised timetable will be part...

Egypt Set to Import Israeli Natural Gas, Following Expected Security Approvals

Israel’s Tamar Group, owner of natural gas fields, will start importing gas to Egypt by 2017. Negotiations are still taking place with Spanish Unión Fenosa, owner of Damietta liquefaction plant to finalise the agreeme...

Disputed Claims in Israel Over Leviathan Estimates

Delek Drilling and Avner Oil Exploration have responded to reports in an Israeli newspaper concerning assessment of the resources in the deepwater Leviathan gas/condensate field, operated by Noble Energy. The Ministry...

Haifa Cancer Fears Prompt Shutdown of Israeli PetroChem Industries

The mayor of Israel’s third largest city, Haifa, has ordered the shutdown of five petrochemical plants after a warning by Israeli Health Ministry linking high cancer rates among residents to air pollution. Mayor Yona ...

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