Israel’s NewMed Energy has announced that the planned expansion of the Leviathan gas field has been delayed by six months, with works now expected to resume in April 2025. This postponement ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The Israeli Energy Ministry has indicated that more licences are expected to be granted, with a fifth bidding round planned ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The assets in question are developed and active gas reservoirs. In the original announcement of the sale, they were valued at ...

Israel awarded licences to BP , Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for ...

The offshore Leviathan field, operated by Chevron (CVX.N ... Since the beginning of natural gas production in Israel more than a decade ago, total accumulated state revenue from such output ...

Israel reported that natural gas exports from the Leviathan field to Egypt increased by 28% last year. Exports jumped from 4.9 billion cubic meters (BCM) in 2022 to 6.3 BCM in 2023. Israel Katz ...

European companies have been involved in gas exploration, while the European Union has largely supported the idea of a new pipeline that connects Israeli and Egyptian fields with Cyprus and mainland ...

The deal would allow two companies, Texas-based Noble Energy and the Israeli Delek Group, to retain majority control of the Leviathan field for 10 years after the gas begins flowing in exchange ...

JERUSALEM (Reuters) - Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for natural gas in Israeli waters as the country seeks to ...