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oil and gas exploration

Energean's floating production system (FPSO) at the Karish gas field in the Mediterranean Sea. (Energean)
January 23, 2025, 5:40 pm
Energean seals $2 billion natural gas sale deal to supply Israel’s Dalia power plants
Oil and gas explorer aims to double production in coming years amid growing electricity demand in Israel; gas flow from Katlan gas field to start in first half of 2027
By Sharon Wrobel
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
Israel Katz, national infrastructure, energy, and water minister (right) and Energean CEO Mathios Regas. (Courtesy)
June 1, 2023, 3:24 pm
Israel officially recognizes Energean’s Katlan reservoir as natural gas discovery
Ministry says classification of offshore field, which holds an estimated 68 billion cubic meters of gas, marks the first natural gas discovery recognized by Israel since 2015
By Sharon Wrobel
Illustrative photograph of drilling oil on land. (bashta, iStock at Getty Images)
August 31, 2021, 5:24 pm
Israel to issue no further permits for terrestrial oil exploration
Energy Minister Karine Elharrar pledges a focus on renewable energy to combat climate change; lambasting predecessor, she also vows appointments on merit, not connections
By Sue Surkes
A United Nations ship is pictured in the southernmost area of Naqura, by the border with Israel, on October 14, 2020. (Mahmoud Zayyat/AFP)
October 29, 2020, 11:02 am
Lebanon reportedly demanding control of 2 Israeli gas fields in maritime talks
Beirut claim on 1,430 square kilometers beyond disputed blocks leads to heated argument, according to reports, with negotiations set to resume Thursday
By ToI Staff
Paul Singer, seen at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 23, 2013. (Wikimedia Commons)
September 10, 2020, 10:54 am
Billionaire Paul Singer’s fund reportedly seeks to scupper Chevron-Noble deal
Activist investor Elliott Management Corp. run by Singer, bought stake in Noble and seeks to halt its $5b sale to Chevron; Noble operates Israel’s two biggest natural gas fields
By Shoshanna Solomon
Unusual corals like this one have been discovered in the deep sea area of the Palmachim Disturbance 30 kilometers off the Tel Aviv coast. (Haifa University Department of Marine Biology)
June 24, 2020, 9:23 pm
High Court petitioned to stop oil, gas exploration in unique marine habitat
Society for the Protection of Nature in Israel says Energy Ministry allowed Greek company to explore deep-sea region despite knowing of site’s great sensitivity
By Sue Surkes
Israeli businessman Yitzhak Tshuva speaks at an energy conference in Tel Aviv, February 27, 2018. (Flash90)
April 6, 2020, 6:42 am
Public losing money, again, as gas kingpin Yitzhak Tshuva teeters on abyss
As coronavirus hammers the oil and gas industry, Tshuva’s Delek Group and its subsidiary Delek Drilling are bleeding losses. Civil society groups call on banks not to intervene
By Sue Surkes
The Leviathan natural gas platform off the shore of Israel. (Albatross)
December 21, 2019, 6:42 am
Cyprus rallies Israel, other neighbors to counter Turkey-Libya maritime deal
Netanyahu backs joint diplomatic effort after Erdogan claims economic rights over large swath of eastern Mediterranean, threatening Israeli gas pipeline
By AP
Ami Appelbaum, Chairman of the Israel Innovation Authority and Chief Scientist, Ministry of Economy and Industry, left to right, Dan Brouillette, Deputy Secretary, US Department of Energy; Yuval Steinitz, Minister of Energy, Israel in Tel Aviv, June 24, 2019 (David Azagury, US Embassy, Israel)
June 24, 2019, 5:12 pm
Israel, US to set up joint R&D center for oil and gas tech, minister says
‘Israeli innovation in oil and gas technology is just beginning,’ Energy Minister Yuval Steinitz says at conference, also urging more exploration for gas fields in Israeli waters
By Shoshanna Solomon
US Deputy Assistant Secretary of State David Satterfield speaks during his meeting with Lebanese Prime Minister Saad Hariri, in Beirut, Lebanon, May 14, 2019. (AP Photo/Bilal Hussein)
May 21, 2019, 10:15 pm
Israel agrees to discuss maritime border dispute, US tells Lebanon
US envoy says Jerusalem has assented to hold talks over parcels claimed by both countries, as Beirut seeks to push forward with off-shore drilling initiatives
By AFP and ToI Staff
A maritime map of the eastern Mediterranean showing Exclusive Economic Zone borders, including an area of dispute (marked 4) between Israel and Lebanon. Source: IEMed Mediterranean Yearbook 2012 (www.iemed.org/medyearbook)
April 23, 2019, 7:11 pm
Lebanon ‘ready’ to demarcate maritime border with Israel under UN supervision
Parliament speaker proposes similar process used to draw Blue Line; move could settle dispute over 300 square miles of oil rich waters
By Tamar Pileggi
This picture taken on January 31, 2019, shows a view of the SSCV Thialf crane vessel after laying the newly arrived foundation platform for the Leviathan natural gas field in the Mediterranean Sea, about 130 kilometers (81 miles) west of Haifa. (Marc Israel Sellem/Pool/AFP)
March 14, 2019, 4:50 am
Exxon said considering gas, oil exploration in Israel
Officials from US energy giant meet with Israeli energy minister ahead of rights auction in June, Reuters reports
By ToI Staff
Eitan Aizenberg, the mastermind behind the find of Israel's giant natural gas field, Leviathan, at his Ratio Petroleum office in Tel Aviv, April 17, 2018 (Courtesy)
April 18, 2018, 6:49 pm
Octogenarian geologist behind Israel’s giant gas field eyes foreign waters
Eitan Aizenberg, who identified country’s largest natural gas field off the Mediterranean coast, says Israelis have competitive edge in oil and gas exploration
By Shoshanna Solomon
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