Israel Court ruling seen as threat to U.S. energy firm

Israel Court ruling seen as threat to U.S. energy firm

Special to WorldTribune.com Israel’s High Court on March 27 rejected Prime Minister Benjamin Netanyahu’s offshore gas development deal signed last December with U.S. and Israeli companies. The ruling was a major setback for U.S.-based Noble Energy, which could delay the firm’s $6 billion natural gas project off the coast of Israel for as much as […]

Israel, Egypt on track for major energy deal

Israel, Egypt on track for major energy deal

Special to WorldTribune.com TEL AVIV — Egypt and Israel have signed an initial agreement for what could be mark a major natural gas deal. An Israeli consortium said it signed a non-binding Letter of Intent with Dolphinus Holdings, which represents non-governmental, industrial and commercial consumers in Egypt. The Tamar Project group, led by the U.S. […]

Jordan concludes it would save on energy through deal with Israel

Jordan concludes it would save on energy through deal with Israel

Special to WorldTribune.com from AMMAN — Jordan has disclosed plans to purchase natural gas from Israel. The government said Jordan would procure up to 300 million cubic feet per day of gas from Israel’s offshore fields. The gas, purchased from the U.S. firm Noble Energy, would come from Israeli fields in the eastern Mediterranean and […]

Israel agrees on 15-year deal to supply Jordan with natural gas

Israel agrees on 15-year deal to supply Jordan with natural gas

Special to WorldTribune.com WASHINGTON — Jordan has approved a long-term natural gas supply deal with Israel. Jordan has agreed to import gas from Israel’s Leviathan offshore field in the eastern Mediterranean. Under the accord, estimated at $15 billion, Leviathan operator, the U.S. firm Noble Energy, would supply Israeli gas to the Hashemite kingdom for 15 […]

Hamas claims first rocket attack on Israeli gas platform in Mediterranean

Hamas claims first rocket attack on Israeli gas platform in Mediterranean

Special to WorldTribune.com WASHINGTON — Hamas has reported its first attack on Israel’s offshore natural gas infrastructure. Hamas said it fired two rockets toward an Israeli gas installation in the Mediterranean Sea some 35 kilometers from the Gaza Strip. The area contains a platform from the Tamar field, Israel’s largest producing gas reserve and operated […]

Energy-starved Egypt looks to Israel for natural gas options

Energy-starved Egypt looks to Israel for natural gas options

Special to WorldTribune.com CAIRO — Egypt, facing major power shortages, has turned to Israel for natural gas. In a reversal of roles, the Egyptian Natural Gas Holding Corp. has been discussing the prospect of Israeli gas exports from its new offshore reserves. Industry sources said the Egyptian state-owned corporation was negotiating with an Israeli consortium […]

Israel signs 15-year deal for export of natural gas to Jordan

Israel signs 15-year deal for export of natural gas to Jordan

Special to WorldTribune.com TEL AVIV — Israel and Jordan have agreed to supply natural gas to the Hashemite kingdom. Israel has approved the first export from its offshore Tamar gas field, headed by the U.S. firm Noble Energy. Under the 15-year deal, signed on Feb. 19, the Noble-led consortium would provide 1.8 billion cubic meters […]

Tamar gas reservoir projected to increase Israeli reserves

Tamar gas reservoir projected to increase Israeli reserves

Special to WorldTribune.com TEL AVIV — Israel’s offshore natural gas reserves were said to have increased. A U.S.-led consortium has released an estimate of the new Tamar Southwest block in the Mediterranean Sea. The consortium, led by Noble Energy, said Tamar Southwest could contain 19 billion meters of gas. “At this stage there are only […]