Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…
Partners in the Leviathan gas field in the eastern Mediterranean have approved nearly $100 million of spending on preparation for expansion that includes a floating liquefied natural gas (LNG) terminal off the coast of Israel, the companies said on Tuesday…
Israel's NewMed Energy forecast on Tuesday that the country's nascent sovereign wealth fund will get a 52 billion shekel ($15 billion) injection in the coming decade from its two main natural gas fields. NewMed Energy Chief Executive Yossi Abu said that the company…
Oil and gas company Energean plc said Wednesday it had started gas production at its Karish gas field in the Mediterranean Sea, offshore Israel.'Gas is being produced from the Karish Main-02 well and the flow of gas is being steadily ramped up…
Israel's NewMed Energy [formerly known as Delek Drilling] on Monday said it was moving forward with the development of the Aphrodite natural gas field offshore Cyprus and reported a drop in quarterly profit as new tax regulations took effect…
Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace the Russian supply.The country is on track in the next few years to double production to about…
Israel's Delek Drilling, a company that owns a stake in the giant Leviathan gas field offshore Israel, and in the undeveloped Aphrodite gas field offshore Cyprus, is changing its name to NewMed Energy. Apart from changing the name, the company…
More Israeli natural gas will flow to Egypt via a new route through Jordan by the end of February, Israel's Energy Ministry said on Wednesday.The ministry said the new route was approved because of growing demand in Egypt, which produces its…
Israel's energy minister said on Tuesday that it would not be a problem if Israeli natural gas that is exported to Egypt makes its way to Lebanon, a long-time enemy that is dealing with an energy crisis.Lebanon has already signed a deal with…
Spanish renewable energy giant Iberdrola and Irish DP Energy have opened new offices of their Irish offshore wind joint venture, in which Iberdrola has a majority stake. The new premises, located at 1 Horgan's Quay, Waterfront Square, in the port city of Cork…
The U.S. mediator for indirect talks on border demarcation between Lebanon and Israel said on Thursday that the negotiations he was hoping to revive should be concluded in a short period if they were to succeed.Amos Hochstein, speaking to Al Hadath TV during a visit to Beirut…
Docked at a Canadian port, crew members returned from a test run of the Ocean Cleanup's system to rid the Pacific of plastic trash were thrilled by the meager results — even as marine scientists and other ocean experts doubted the effort could succeed…
Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market, according to a draft government report.Fewer restrictions could attract more energy groups to explore Israeli waters…
Israel's energy ministry has instructed Chevron to restart operations at the offshore Tamar natural gas platform, nine days after it was shut due to unrest in the region, the company said.Production at the Tamar platform, located some 25 kilometers (15…