Israel – Page 4 – Oil & Gas 360

Noble Energy: Eastern Mediterranean Gas Shortfalls will more than Double by 2025

November 2, 2015

Noble Energy Eyes Growing Gas Market Eastern Asia is generating plenty of interest for its future natural gas needs, but Noble Energy (ticker: NBL) believes its own substantial opportunity lies below the sea floor of the Eastern Mediterranean. Noble has received its fair share of government and media interest in Israel’s Leviathan Field; the project has been called a “monopoly,”

Genie Energy Confirms 350 Meters of Net Pay in Golan Heights Discovery

October 8, 2015

While sizable, it remains unclear if it can be economically or technically produced Afek Oil and Gas, an Israeli subsidiary of U.S. Genie Energy (ticker: GNE) has found substantial amounts of oil and gas in the Golan Heights. According to the company’s press release, the resource is present at multiple strata and in some of the explored portions of the

Energy PE Firm HitecVision, Oman's Petrogas to Buy UK oilfields for $635 Million -Oil & Gas 360

Economic Minister of Israel Agrees to Natural Gas Deal if Parliament Approves

July 21, 2015

Natural gas remains a hot topic in Israel The chairman of the Israeli Parliament’s Finance Committee, Eitan Cabel, said that Economy Minister Aryeh Deri has agreed to sign off on a proposed natural gas plan, but only if it is approved by the wider parliament. Earlier this month, Deri said that the development of natural gas is a problem that

Noble Energy, Delek Allowed to Increase Gas Prices in Israel

June 24, 2015

We’re determined to get the gas out: Netanyahu The Israeli Finance Ministry will adhere to demands from Noble Energy (ticker: NBL) and Delek to increase the price of gas from its offshore operations near the country. The two large exploration and production companies have been at odds with the government regarding resource prices and the monopolization of certain projects. The agreement from

UPDATE: Leviathan Field “Monopoly” is Focus of Israel’s Anti-trust Regulator

January 5, 2015

Update: Jordan wants to wait until anti-trust decision is made before proceeding with Noble deal Jordan suspended talks to import natural gas from Israel from Noble Energy (ticker: NBL) and will instead sign an agreement with BG Group (ticker: BG) to buy Gaza Strip gas. The kingdom halted negotiations after news that the Israeli anti-trust regulator might recommend breaking up

ATP Oil & Gas Drilling for Natural Gas Elephants: Shimshon Well Offshore Israel Could Hold 2.3 Tcf

May 1, 2012

ATP Oil & Gas Corporation (NASDAQ: ATPG) initiated drilling the Shimshon well in the Levant Basin of offshore Israel. The Shimshon well (ATPG is the operator with a 40% WI) is in 3,622 feet of water with a target formation depth of 14,764 feet. “With the recent discoveries in the Levant Basin already exceeding 35 Tcf, the Basin is a

Loaded with Catalysts in 2012: ATP Oil & Gas Drilling the Deepwater Gulf of Mexico and Offshore Israel

March 7, 2012

ATP Oil & Gas Corporation (NASDAQ: ATPG) is engaged in the acquisition, development and production of oil and natural gas in the Gulf of Mexico, North Sea and more recently the Mediterranean Sea. The primary near-term catalysts for the company are increasing oil production in the deepwater Gulf of Mexico, as well as its exploration projects in the Mediterranean Sea

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