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Obama, Netanyahu and the Supremes

What if Supreme Courts were the actual key players in the energy business? That was not really expected but, over the last two months, two major decisions coming from the highest courts in countries under our coverage might have reshuffled the cards of energy policy, whether in the short or long term. In early February, […]

By |March 30th, 2016|Categories: Analyst's Insight|Tags: , , , , |

Israeli court blocks government’s natural gas plan in blow to energy firms

Israel’s Supreme Court blocked a controversial plan to develop the country’s natural gas fields on Sunday, dealing a blow to energy companies operating in the eastern Mediterranean and drawing fire from the government.

Source:  Reuters, 2016/03/27

By |March 29th, 2016|Categories: News|Tags: , , |

Israel PM in ‘historic’ Supreme Court plea for gas deal

Israeli Prime Minister Benjamin Netanyahu made a rare appearance by a serving premier before the country’s Supreme Court on Sunday to defend a contentious natural gas deal. Critics say the agreement between the government and a consortium including US firm Noble Energy, pushed by Netanyahu, overly favours the firms involved and have petitioned the court […]

By |February 16th, 2016|Categories: News|Tags: , , |

Israeli companies report huge potential offshore gas find

An Israeli gas exploration group, led by the Isramco Negev and Modiin Energy companies, announced on Sunday that it had found signs of a massive natural gas reserve off Israel’s Mediterranean shore, comparable in size to the Tamar field. The reserve, estimated to contain some 8.9 trillion cubic feet, was revealed in the companies’ resource […]

By |January 19th, 2016|Categories: News|Tags: , , |

For Israel and Its Neighbors, Energy Finds Power Big Dreams

Israel and other countries ringing the eastern Mediterranean are trying to kick-start the development of their potentially vast energy reserves, but the push may bring fewer geopolitical gains than governments from Jerusalem to Cairo have been promising. Big natural gas projects have been on hold in Israel, Lebanon, and Cyprus for more than a year, […]

By |December 15th, 2015|Categories: News|Tags: , , |

Athens Looks to Israel to Establish Regional Energy Role

Continuing a multi-administration push to bolster Greece’s status as an energy actor in the Eastern Mediterranean, Prime Minister Alexis Tsipras headed to Jerusalem in hopes of establishing the country’s role as regional energy hub. According to local media reports, Tsipras recently headed to Israel for a summit with Prime Minister Benjamin Netanyahu regarding host of […]

By |December 1st, 2015|Categories: News|Tags: , , , , , |

Israel Invites Oil Majors for Further Natural Gas Exploration

Israel is inviting international oil companies to further explore its offshore waters for natural gas, the country’s energy minister said on Tuesday, as the country tries to become an energy exporter for first time. Yuval Steinitz, Israel’s minister of national infrastructure, energy and water resources, said he had met senior executives of more than 20 […]

By |November 17th, 2015|Categories: News|Tags: , , , |

‘Struggle over democracy’: Israelis protest Netanyahu’s gas deal with US energy giant

Thousands gathered across Israel in protest to speak out against PM Benjamin Netanyahu’s natural gas deal with US energy giant Noble Energy. The deal is likely to receive approval shortly, but critics describe it as “the great gas robbery.” More than 7,000 joined the march in Tel Aviv on Saturday evening. Hundreds of Israelis also […]

By |November 10th, 2015|Categories: News|Tags: , , , |

A Gas Discovery in Egypt Threatens to Upend Mideast Energy Diplomacy

The Italian energy company Eni knew it was taking a big risk this summer when it spent $60 million on an exploratory rig and began drilling more than 100 miles off the coast of Egypt. Eni’s gamble worked. The company, using drilling rights from the Egyptian government, found what it called a “supergiant” natural gas […]

By |November 3rd, 2015|Categories: News|Tags: , , , , , , |

Israel Energy-Climate Risks Scorecard

By |October 15th, 2015|Categories: Country Report|Tags: , , , , |