Lebanon joins volatile Med gas scramble

BEIRUT, Lebanon, Jan. 6 (UPI) — Lebanon has raised the stakes in the high-octane poker game under way in the natural gas-rich eastern Mediterranean by approving a law to administer offshore exploration and drilling, joining Israel, Cyprus and Turkey in a...

Zion’s next well planned for the Jordan Valley

In his October 7 Newsletter, Zion Oil & Gas CEO Richard Rinberg wrote. “Our schedules may change, but today, we believe that it is most likely that Zion’s next well will be drilled in our Jordan Valley License in 2012.” Earlier this month Zion signed a...

Threats of War over Oil in the Mediterranean

Israel has plans to enlarge its navy as the potential of a Mediterranean war with Lebanon looms over oil.  According to an October 18 UPI report, Israel is considering adding Israeli built warships to protect the Leviathan and Tamar offshore oil and gas fields....

Is Zion Oil on the Rocks?

I received a comment from a reader (Bill) yesterday; he was worried, as a lot of folks are, about the recent fall Zion’s stock price. Here’s the comment: “The price today at $1.50. What’s the process at this end. Does the company fall off the board if it hits below a...

Jacob’s Blessing Video

Steven Spillman speaking at the 2010 Louisiana Bible Prophecy Conference. “Jacob’s Blessing: The Treasures of the Deep”. The Bible prophecies a last days oil discovery in...