Jordan signs $10 billion Israeli Leviathan gas deal
Noble Energy and the Leviathan partners have signed a deal for the sale of natural gas to Jordan. Gross contract revenues are estimated to be approximately $10 billion. Actual revenue will be affected More...
Leviathan partners investing $120 Million to develop field
The Leviathan partners Delek Group, (units Avner Oil and Gas and Delek Drilling) Ratio Oil Exploration, notified the Tel Aviv stock Exchange this morning that together with the US license operator Noble More...
Leviathan Partners Sign $3 Billion Israeli Natural Gas Supply Deal
The partners in the Leviathan natural gas field today announced the signing of a gas supply agreement with the IPM company, a new private power plant in central Israel. The deal worth as much as $3 More...
Delek, Noble oppose emerging gas compromise
Noble Energy does not accept separate marketing, and Delek is unwilling to sell its rights in Karish and Tanin as well as Tamar. Noble Energy is expected to oppose the separate marketing model for the Tamar More...
Leviathan shares jump as market senses compromise
Market sources believe a compromise formula has been found to the antitrust issues surrounding the Tamar and Leviathan fields. Shares in Leviathan’s Israel partners rose sharply on the Tel More...
David Gilo and Itzhak Tshuva seek gas monopoly compromise
These was a sense of optimism after Delek’s controlling shareholder met the Antitrust Authority head today. – A just concluded meeting between Antitrust Authority director general David Gilo More...
Report estimates Royee gas prospect at 3.2 TCF
– If it materializes, this makes Royee, owned by Ratio, Israel Opportunity and Edison, Israel’s third largest gas reserve. – /By Hedy Cohen and Kobi Yeshayahou/ This morning, More...
Oil price drop could benefit Israeli gas producers
– The cost of hiring production rigs has plummeted, making development of the Tamar and Leviathan cheaper. – Energy stocks fell sharply yesterday on the Tel Aviv Stock Exchange, against a background More...
Leviathan to Sign $15 Billion Natural Gas Deal with Jordan
The Leviathan partners will sign a Memorandum of Understanding (MOU) with Jordan today for the export of $15 billion of gas over 15 years. This will be Israel’s first natural gas export deal. The More...
Turkey rules out buying gas from Israel, for now
– Turkish Minister of Energy Taner Yıldız: The deal has become politically inconceivable. – Israel’s incursion into the Gaza Strip has resulted in the freezing of progress on a deal More...