By Steven Scheer Israel’s government said on Thursday it had reached a deal with a US-Israeli consortium on the development of the huge Leviathan gas field and two other offshore wells. Afte... Read more
By: N. Lygeros Translated from the Greek by Athena Kehagias While for so long they’ve been trying to tell us that everything is just right, as far as the negotiations are concerned, we... Read more
The outline agreement will be voted on by the cabinet on Sunday after understandings were reached with the gas companies. The cabinet will be asked to vote on the amended gas roadmap agreeme... Read more
Turcas Petrol CEO Batu Aksoy told “Reuters” that Turkey is eager to import gas despite the poor relations between the countries. “We can still create a win-win opportunity... Read more
Noble Energy wrote on Monday that the Israeli government will soon ratify a regulatory framework for natural gas development in the country, adding that the company remains committed to oper... Read more
The Energy Regulation and Markets Review Reproduced with permission from Law Business Research Ltd. This article was first published in The Energy Regulation and Markets Review – Editi... Read more
“We feel among friends”, Israeli Prime Minister Benjamin Netanyahu stressed during the common Press conference after his meeting with Cyprus President Nicos Anastasiades, who pointed out tha... Read more
The Prime Minister of Israel Benjamin Netanyahu arrives today in Cyprus for a short visit during which he will hold talks with the President of the Republic Nicos Anastasiades. Netanyahu and... Read more
McKinsey: The internal rate of return on the Tamar reservoir is 21.8%, putting it in the bottom third, compared with similar projects. “The internal rate of return (IRR) on the Tamar r... Read more
The U.S. company is benefiting from long-term contracts at high prices, not to mention chumminess at the top that Americans are well used to. Yes, it was pretty interesting — this month’s de... Read more
Noble Energy Israel country manager Binyamin Zomer: Everyone loses if prices fall. Noble Energy Inc. (NYSE: NBL) Israel country manager Binyamin Zomer was interviewed today on Channel 10 abo... Read more
By: E. Conophagos, N. Lygeros Translated from the Greek by Athena Kehagias The hydrocarbon drillings of the Eastern Mediterranean, indicate by their mere existence alone, the interest involv... Read more
European Commission approves €2M for funding pre-FEED studies on EastMed #NatGas pipeline connecting #Israel, #Cypru… pic.twitter.com/8VeD92omMT — Georgios Lakkotrypis (@GLakkotrypis) July 1... Read more
This article was written in May for the June edition of Executive Magazine. The third well drilled in Cyprus’ Exclusive Economic Zone (EEZ) failed to reveal commercially exploitable natural... Read more
Defence Minister Christoforos Fokaides and Director of Policy and Political-Military Affairs at the Israeli Ministry of Defence Amos Giland and a delegation of the Israeli Defence Ministry d... Read more
Even amid massive uncertainty over the future of Greece and its economy, Greek Foreign Minister Nikos Kotzias held discussions on Monday with National Infrastructure, Energy and Water Minist... Read more
“There is no end to the lies in the media about the return in the Tamar project.” In the gas monopoly’s first response to the plan for the gas industry, which was unveiled... Read more
Prime Minister Benjamin Netanyahu has ordered that the agreement should be published as soon as possible. Prime Minister Benjamin Netanyahu has decided to defer the Knesset vote on transferr... Read more
A large scale multinational Search and Rescue (SAR) exercise, titled “NEMESIS 2015”, will be conducted for the second consecutive year, on Wednesday, 1 July, within the Exclusive Economic Zo... Read more
By Charles Ellinas Gas development delays and low prices endanger Egyptian deals for Cyprus and Israel. Israel’s Globes highlighted this issue and problems affecting gas sales to Egypt. In M... Read more
Regulatory problems could prevent the gas exports necessary to make development of the Leviathan reservoir worthwhile. The emerging agreement with the natural gas companies will be presented... Read more
The forthcoming Trilateral Meeting of Cyprus, Greece and Israel, international issues, the Cyprus problem, energy issues and the enhancement and upgrading of the bilateral relations of Cypru... Read more
Gas companies: We won’t sign any agreement that isn’t comprehensive and final. A final attempt made to reach agreements between the state and the natural gas companies before the... Read more
The report prepared by Dutch company SGS for the Ministry of Energy translates into a $30 billion cut in revenue. The quantity of natural gas in the Leviathan reservoir is significantly less... Read more
Tel Aviv, June 1, 2015. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) hereby announces that the Company’s management has begun preliminary negotiations with Nobl... Read more
