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Business

– E&Y Israel partner Shlomo Alfia estimates the savings at $42 billion and the government’s take at $10 billion in capitalization value. – –...

Business

– Woodside Petroleum is prepared to acquire 25% of the Leviathan natural gas field, instead of 30%, for a higher price than previously agreed....

Business

– The partners signed a $1.2 billion contract with the Palestine Power Generation Co. – the first export contract for the offshore natural gas...

Business

– With the natural gas supplied, Global Power will build a 120-megawatt power station at Dimona Silica Industries. –   The Tamar natural gas...

Business

– Yitzhak Tshuva says the deal will be signed soon as sources say the Australians will up their payment by several hundred million dollars....

Business

– Noble Energy has told analysts that Leviathan and the neighboring field in Cyprus might each contain 1.5 billion barrels of oil. – –...

Business

– “The Wall Street Journal” reports a possible deal between the Tamar partners and Arab Potash Company. – – The partners in the Tamar...

Business

– The partners did not mention the expected amount of gas, but it is reportedly about 0.7 trillion cubic feet. – – The Tamar...

Business

– The ultra deepwater drillship, which was to begin drilling in the first quarter of 2014, is now not likely to start work before...

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– Representatives of Australia’s Woodside Petroleum will be in Israel shortly to move forward on buying 30% of the Leviathan field. – – Representatives...