Oil Discovered in Northern Israel

In case anyone missed it last summer, oil has been discovered in Northern Israel. We’re not waiting for an oil discovery – it’s already happened! The oil has been/is being produced and sold. What’s more, the exploration company, Givot Olam,...

Noble: ‘We say potential, Israelis hear discovery’

Investors should be cautious and differentiate between concepts and reality, says chairman of gas explorer. By Eytan Avriel Haaretz The probability that natural gas will be found in the deepwater prospects being explored by Noble Energy and Delek Group – the...

Noble Energy to be honored for Israel gas discoveries

Source: Jewish Herald Voice Houston-based Noble Energy will be honored at a tribute dinner Sunday evening, May 23, at the Westin Galleria Hotel for its discovery of significant natural gas resources off the coast of Haifa – discoveries that will have “profoundly...

USGS Says Israel Has 1.7 Billion Barrels of Oil

The United States Geological Service released a report last week on Israel’s Levant Basin, stating that the area contains 1.689 billion barrels of undiscovered oil and 122.4 trillion cubic feet of undiscovered natural gas. The Levant Basin lies both onshore and...