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ISRAEL AT WAR - DAY 534

Delek Group

North Sea oil exploration platforms lie in the Cromerty Firth in northern Scotland on March 2, 2003. (AP/Martin Cleaver)
April 24, 2024, 4:18 pm
Tshuva’s Delek unit inks deal for Eni’s UK oil and gas fields in North Sea
Ithaca Energy says the combination deal worth about $938 million will turn the oil and gas exploration company into one of the North Sea’s largest producers
By Sharon Wrobel
North Sea oil exploration platforms lie in the Cromerty Firth in northern Scotland on March 2, 2003. (AP/Martin Cleaver)
September 27, 2023, 5:16 pm
Tshuva’s Delek unit gets UK nod for development of controversial North Sea oilfield
North Sea oil and gas producer Ithaca Energy and Norway’s Equinor will invest $3.8 billion to develop the Rosebank field
By Sharon Wrobel
Lawyer Ari Shamai says Yigal Amir, assassin of prime minister Yitzhak Rabin in 1995, should be released from prison, on a Channel 14 panel on July 30, 2023. (Screenshot, used in accordance with Clause 27a of the Copyright Law)
August 1, 2023, 8:55 pm
2 more firms cut ads on Channel 14 after panelist called to release Rabin’s assassin
Delek Motors and Caesarstone, following Strauss, say right-wing network ‘is deepening the tear and broadening the divide’ in Israeli society
By ToI Staff
Oranges being washed, prepared, and packed at the Mehadrin factory in southern Israel, November 28, 2013. (Yaakov Naumi/FLASH90)
July 17, 2023, 5:12 pm
Tshuva’s Delek to buy controlling stake in Mehadrin for NIS 249 million
Israeli conglomerate to acquire 44.48% stake in citrus fruit marketing real estate company from Discount Investment
By Sharon Wrobel
The Leviathan natural gas platform off the shore of Israel. (Albatross)
March 28, 2023, 3:14 pm
UK’s BP teams up with Abu Dhabi state oil group to buy 50% of Israel’s NewMed Energy
Offer values NewMed, a key stakeholder in Israel’s Leviathan offshore gas field, at about NIS 14.1b ($4b); tentative deal is called a ‘testament’ to Israel-UAE ties
By Sharon Wrobel
Wind turbines in Jordan, November 2021. (RnDmS via iStock by Getty Images)
August 17, 2022, 3:07 pm
Israeli companies tout big plans to develop renewable energy projects in MENA
NewMed (formerly Delek Drilling), developer of Leviathan and Tamar gas fields, and Enlight Energy to make push for green energy generation in region, including Saudi Arabia, Oman
By Ricky Ben-David
Israel's offshore Leviathan gas platform. (Albatross)
October 12, 2020, 2:18 pm
Five years on, bonanza from offshore gas a pipe dream for most Israelis
Consumers yet to reap the rewards, continuing to pay high electricity bills even as oil and gas prices plunge, and with promised sovereign wealth fund yet to materialize
By Joseph Krauss
The Qatari envoy to the Gaza Strip, Mohammed al-Emadi, speaks during an interview in his office with AFP in Gaza City on August 24, 2019. (Mahmud Hams/AFP)
September 1, 2020, 5:37 pm
Qatari envoy said to meet Israeli gas company to discuss pipeline to Gaza
After Hamas-Israel ceasefire takes hold, Mohammad al-Emadi, credited with mediating truce, to also hold discussion with UN envoy Mladenov
By Aaron Boxerman
A view of the Leviathan natural gas processing rig from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90)
From the WebAugust 31, 2020, 1:00 pm
Israel’s Delek in Ithaca merger talks as hit by loss
Reuters: Merging its North Sea energy operations, Ithaca, with international group would help turn it into a publicly traded company in London, Delek said
Israeli businessman Yitzhak Tshuva speaks at an energy conference in Tel Aviv, February 27, 2018. (Flash90)
May 19, 2020, 6:38 am
As small firms crash, tycoon Tshuva, already propped up by taxpayer, gets rescue
Forgoing immediate repayment of NIS 6 billion in loans from Yitzhak Tshuva, whose losses are cutting into Israelis’ pensions, two pension and insurance companies offer a lifeline
By Sue Surkes
An aerial view of the Israeli Tamar gas processing rig 24 kilometers off the Israeli southern coast of Ashkelon.
From the WebApril 27, 2020, 7:09 pm
Delek Group plans to raise NIS 300 million amid battle with bondholders
Reuters: Bondholders, concerned about Delek’s financial situation, threaten to call repayment of all of the NIS 6 billion owed them if money not injected into firm
View of the Leviathan gas field gas processing rig near the city of Caesarea, on January 31, 2019. (Marc Israel Sellem/Pool)
From the WebFebruary 9, 2020, 4:14 pm
Delek’s Ithaca to set up infrastructure firm for North Sea assets
Reuters: Delek Group’s Ithaca unit signs non-binding deal with unnamed investment firm to jointly set up infrastructure operations; source says investment firm is US’ BlackRock
The Noble Energy control room on the Leviathan platform on December 31, 2019. (Noble Energy)
December 31, 2019, 5:42 am
Despite pollution fears, gas flow begins from behemoth Leviathan field
Noble Energy performs gas rig flushing test overnight, and begins extracting gas and sending it to Israel, overruling opposition from locals, environmentalists
By Shoshanna Solomon
Rigs in the Leviathan gas prospect off the coast of Israel, in an undated photo provided to The Times of Israel. (Albatross Aerial Photography)
December 16, 2019, 2:11 pm
Israel to start pumping gas from Leviathan, making country an energy powerhouse
Fuel flow expected to bring energy autonomy along with exports; but drop in global prices, environmental concerns, and Egypt’s new massive natural gas reserves curb the enthusiasm
By Shoshanna Solomon
Turkey's Foreign Minister Mevlut Cavusoglu speaks to the media, in Ankara, Turkey, November 28, 2019. (AP Photo/Burhan Ozbilici)
December 11, 2019, 9:48 pm
Turkey won’t rule out force to halt drilling in Cypriot waters
FM says country ‘has the right to prevent’ gas exploration in area it claims as its own; Israel’s Delek among firms operating off Cyprus
By AP
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