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...

Israel Reverses Flow of Egypt Pipeline

The Jerusalem Post reported recently that Noble Energy has signed a deal to supply gas to Egypt via the same pipeline that supplied Israel with Egyptian gas for years. Also in the JP article are mentions that Noble has agreed to sell gas to the Palestinians and to...

Barclays bullish on Leviathan partner Ratio

Ratio is the investment bank’s stock pick in the energy sector. 2 August 11 12:15, Hillel Koren Leviathan partner Ratio Oil Exploration (1992) LP (TASE:RATI.L) is Barclays Capital’s top pick in Israel’s energy sector. The bank reiterates it...

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...