Rights to Leviathan Gas Field May Be for SaleSome rights to the mighty Leviathan natural gas field may be up for sale, according to one of the partners that discovered the field.
Israel Looks to Expand Navy to Protect Gas InterestsWith new sea-borne gas finds under threat from Hizbullah, Iran, and Turkey the IDF is looking to expand its naval fleet.
How Much Oil and Gas in Israel's Economic Waters?That's the question that awaits the winner of a bid to advise Israel on oil-rights regulation.
Consumers Brace for Rate Hikes as IEC Asks Gov't for HelpIEC officials have asked Israel's government for an immediate solution to the stoppage of gas from Egypt; a 20% rate hike to hit consumers.
Unrest in Egypt Might Mean Higher Gas PricesUnrest in Egypt might result in another price hike at the gas pump, according to the Center for Strategic and International Studies (CSIS).
Cabinet Approves Hike in Energy Royalties from Energy TycoonsThe Cabinet withstood intense corporate lobbying and approved a sharp hike in energy royalties from newly-discovered gas and oil fields.
UN Will Help Set Israel-Lebanon Sea BordersFive days after the UN refused to intervene between Israel and Lebanon on the issue of maritime borders and oil wells, the body reversed itself.
UN Nixes Lebanese Attempt to Stop Israeli Offshore DrillingThe United Nations has rejected a request by Lebanon to stop Israel from expanding offshore drilling in northern Mediterranean coastal waters.
Egypt Discovers New Deep-Water Gas FieldEgypt announced this week the discovery of a new gas field in the Deepwater West Nile Delta area.
Israel, Lebanon Battle Over Gas FieldA new battlefield is growing between Israel and Lebanon over a mammoth gas field discovered off the coast of Haifa.
New Survey Indicates Large Oil Field Buried Under Negev SandA new survey indicates $2 billion worth of oil may be sitting under Western Negev sand. Meanwhile, Mediterranean drilling launches a new era.
US Could Sue Israel over Hike in Oil Royalty FeesAs a huge oil rig approaches Israel for drilling, an Israeli judge says the US could sue Israel if it hikes royalty fees for oil and gas finds.
Israel Considers Underwater Gas Exports to Greece, EUIsrael is considering construction of an underwater pipeline to export natural gas to Europe and Greece. Turkey is not included in the project.
Natural Gas Bonanza for Israel, Possible Oil Field as WellA survey of the Haifa coastline gas field shows the estimated size of the field has risen yet again. Oil may be present as well.