Natural gas

$6.7 Billion: Leviathan reservoir energy deal approved

Mega-deal in energy sector: Competition Commissioner approves natural gas agreement between Dalia and Leviathan partnership valued at approximately $6.7 billion.

|ByLIAT RON
Leviathan reservoir.
Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, US, September 16, 2026.

UK stocks fall as lack of progress in US-Iran talks lifts oil prices

Oil prices rose more than 4% after Yemen's Iran-backed Houthis fired missiles at Saudi Arabia and diplomatic talks between the US and Iran showed little sign of progress.

|ByREUTERS
A worker checks an oil pipeline at Nahr Bin Umar oil field, north of Basra, Iraq.

Arab Gas Pipeline revival: Jordan approves strategic natural gas supply route to Lebanon via Syria

Under the new arrangement, Jordan will import liquefied natural gas and regasify it using existing infrastructure at the Aqaba Port, before transporting the product to Lebanon through Syria.

|ByDANIELLE GREYMAN-KENNARD
Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman.President Donald Trump had threatened to attack Iran's energy infrastructure if it did not end its de facto blockade of the Strait of Hormuz by March 23.

Iran’s Strait of Hormuz trump card is losing strategic value, expert tells 'Post' - interview

Although 14 to 15 million barrels of oil passed through Hormuz per day before the war, an expert told the Post that it was entirely possible to manage without much of that supply.

|ByDANIELLE GREYMAN-KENNARD

Russia stops Finland gas flows over payments dispute

Gazprom demanded Europe pays for Russian gas supplies in roubles because of sanctions imposed over Moscow's invasion of Ukraine.

MAY 21, 2022ByREUTERS
The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022.

Biden’s Israel visit will highlight ‘strategic ties,' Hochstein says

Hochstein called the Trump administration’s decision to exit the 2015 Joint Comprehensive Plan of Action known as the Iran deal, a “tragic mistake.”

MAY 17, 2022ByTOVAH LAZAROFF
US President Joe Biden delivers remarks on administration plans to fight inflation and lower costs during a speech in the Eisenhower Executive Office Building's South Court Auditorium at the White House in Washington, U.S., May 10, 2022.

Israel achieves independence through energy supply - opinion

Israel can provide a large part of this quantity depending on the current capacity of the liquefying facilities in Egypt or the ability of the companies extracting the Israeli gas

MAY 7, 2022ByODED ERAN
THE PRODUCTION platform of the Leviathan natural gas field in the Mediterranean Sea, off the coast of Haifa: The realization of the commercial potential of the field is in the hands of the companies.

Russian gas supplies to Poland, Bulgaria halted - reports

Poland has repeatedly said it would not agree to Russia's demand to pay in roubles for gas it buys from Gazprom under new rules Moscow announced last month.

APRIL 26, 2022ByREUTERS, JERUSALEM POST STAFF
The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022.

If Europe boycotts Russian gas, can Israel meet their needs? - opinion

Israel and Egypt are producers of natural gas and the question is whether they or other east Mediterranean potential producers are relevant to the current situation.

APRIL 11, 2022ByODED ERAN
US PRESIDENT Joe Biden speaks during a news conference at a NATO summit last month in Brussels. Biden declared the US will inject 15 BCM of natural gas to the world market in 2022, with more to come in the future.

Elharrar: Israel ready to export gas to Europe via Egypt in September

“The European energy market is facing a substantial shortage following the Russia crisis,” Elharrar said. “Israel sees an opportunity and will take full advantage of it.”

APRIL 7, 2022ByLAHAV HARKOV
ISRAEL’S GAS fields include some of the largest discovered anywhere in the world since 2010, including the Leviathan natural gas field, off the coast of Haifa.

Chevron CEO says Israel gas pipeline could supply Europe amid crisis

The EastMed pipeline, meant to transfer natural gas from Israeli waters to Europe via Greece and Cyprus, was announced in 2016.

MARCH 8, 2022ByBEN ZION GAD, REUTERS
The Leviathan gas platform pictured in the Mediterranean Sea.

Energean connects Karish field to Israel’s gas network

Gas will flow through the Israel National Gas Line from the Karish gas field to produce energy.

MARCH 5, 2022ByJERUSALEM POST STAFF
The production platform of Leviathan natural gas field is seen in the Mediterranean Sea, off the coast of Haifa

Oil surges above $100 for first time since 2014 as Russia attacks Ukraine

"Russia's announcement of a special military operation into Ukraine has pushed Brent to the $100/bbl mark," said Warren Patterson, head of ING's commodity research.

FEBRUARY 24, 2022ByREUTERS
A man works at the PKN Orlen main oil refinery in Plock January 11, 2007. Photo taken January 11, 2007.

Germany freezes Nord Stream 2 gas project as Ukraine crisis deepens

Europe's most divisive energy project, worth $11 billion, was finished in September.

FEBRUARY 22, 2022ByREUTERS
A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020.