Will Israel be energy independent soon?

Will Israel be energy independent soon?

Natural gas production from the offshore Leviathan gas reservoir should begin by 2018. According to the Jerusalem Post, “Delek Drilling, a member of the Leviathan partnership, made the announcement in the company’s third quarter financial report for 2014. The...

Greece plans to export Israeli gas to Europe

The new government in Athens could open a pipeline to export natural gas from countries including Israel to destinations in northern Europe, as Greece seeks to become a regional center for the transit of this energy source. “We are trying to make Greece the hub for...

Israeli Oil Could Have a Bigger Impact Than Gas

The Jerusalem Post reported this week on an assessment from the Swiss based financial services giant UBS, that a significant oil find could have a greater impact to Israel’s economy than the recent massive natural gas discoveries offshore. UBS analysts, Roni...

News Short – Zerah Oil Exploration

Jerusalem Post Oct 27, 2009 Zerah Oil Gas Exploration fell 2.1%. The oil- and gas-exploration company said the start of drilling at the Zuk Tamrur 4 site, which had been scheduled for October, was postponed because of machine-order...