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HomeIsrael

Israel

Offshore Oil Rig
Crude Oil News

Energean makes commercial gas discovery at Hermes well offshore Israel

October 6, 2022 Clark Savage

Mediterranean-focused Energean has made a commercial gas discovery at the Hermes exploration well offshore Israel, with recoverable resources estimated at 7-15 Bcm, it said Oct. 6. Energean, which is expected to start production from its […]

EU’s
Exports

EU’s shift from Russian supplies accelerates gas discoveries in Cyprus

July 26, 2022 Clark Savage

(Bloomberg) — The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said. “Europe is a good potential customer for Cypriot […]

Majority Leader Chuck Schumer talking to Senator Jo Manchin in March 2022
Climate Crisis

20 Years of bad energy policies cannot be undone overnight in a dream. What is the real story on energy, taxes, and renewables?

July 17, 2022 Stu Turley

Some things I just don’t get. Like music where you can’t understand the lyrics, and your head hurts just listening to a 30-second sound clip. Like hardcore punk rock bands like Black Flag, Biohazard, and […]

Geopolitical

EU Signs Gas Deal With Israel, Egypt in Bid to Wean Itself off Russian Supplies

June 19, 2022 Stu Turley

The European Union signed an agreement with Israel and Egypt to boost gas shipments on Wednesday, tapping into the gas riches of the eastern Mediterranean as it races to secure alternatives to Russian energy. The EU, […]

Israel - Egypt Plan new gas pipe that could boost Europe Supplies
International News

Israel, Egypt Plan New Gas Pipe That Could Boost Europe Supplies

October 21, 2021 Clark Savage

Israel and Egypt are in talks to build a new overland pipeline to boost Israeli gas exports to its neighbor, the Israeli Ministry of Energy said in a statement on Thursday. The pipeline will run […]

leviathan field - ENB
International News

Gas-Rich Israel Can’t Save Europe From Energy Crisis

October 15, 2021 Clark Savage

Israel cannot come to the rescue of Europe’s gas and energy supply crunch as it is unlikely to raise the level of its natural gas exports, a senior Israeli official told Bloomberg on Thursday. Udi Adiri, director […]

Commodities

Saudi Stocks Lead Mideast Higher as Oil Extends Gains: Inside EM

June 13, 2021 Stu Turley

Saudi Arabia’s equities index extended a winning streak to five sessions Sunday, following another positive week for crude prices. The Tadawul All Share Index climbed 0.9%, with gauges in Bahrain, Oman, Kuwait, Qatar and Israel […]

Industry Insights

Fire And Explosion Hit Iran Steel Mill In Third Such Incident In Five Days

June 6, 2021 Stu Turley

Saturday evening a large fire and a strong explosion rocked an Iranian steel mill in Zarand, Kerman Province, in the third such incident in less than a week. Officials said that after hours of battling […]

EU - Oil and Gas - EnergyNewsBeat
CO2 & GHG

EU countries seek to prolong bloc’s funding for gas projects

May 27, 2021 Stu Turley

BRUSSELS, – European Union countries will seek to prolong EU support for cross-border natural gas projects, a stance at odds with the European Commission’s plan to end such funding, according to a draft document. The EU’s “TEN-E” rules […]

Fire breaks out after pipe malfunction at Haifa petrochemical plants
Downstream

Fire breaks out after pipe malfunction at Haifa petrochemical plants

April 30, 2021 Stu Turley

A fire broke out in one of the facilities at the Bazan oil refineries in Haifa as a result of a damaged pipe in the CCR system on Friday night, the Environment Protection Ministry reported in a […]

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