Energy
Beyond solar and wind: Israel promotes geothermal energy
The Energy Ministry is promoting a facility for generating electricity from underground heat in the Golan. This technology enables clean electricity, assisting with growing demand across Israel.
Democrat permitting bill authors 'not going to wait' for new US Congress
How regional developments are affecting israel’s economy
Aramco exploring expansion of crude pipeline to bypass Strait of Hormuz blockade
Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailand
The US-Israeli-led war with Iran, now in its eighth month, and the inflation and hardship it has caused will dominate the agenda and sideline conversations during the annual meeting.
$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.
Finance Ministry aims to cut record high gas prices by 50 agorot, needs attorney-general's approval
Finance Minister Bezalel Smotrich intends to introduce the additional reduction, which, if approved and completed, is expected to bring the price of a liter of gasoline down to about NIS 7.77.
Bank Hapoalim to finance Stark Power with $85 million
The deal helps the energy firm created by former Enlight and Nofar executives expand in the US to acquire and build new energy and storage projects.
Qatar's UCC in talks for possible entrance into oil, gas areas in Venezuela, executive says
UCC, British BP, and XRG, a unit of United Arab Emirates' state company ADNOC, last month were granted a long-term license to develop the Loran gas project, one of the largestin Venezuela's waters.
Gas prices in Israel to reach all-time high at NIS 8.27 per liter amid worldwide price hikes
Finance Minister Bezalel Smotrich said later Tuesday that he instructed officials to "prepare for an additional subsidy on gasoline to stem the price spike," according to N12 News.
The Iraq-Syria border is becoming the Middle East's most important new energy corridor - analysis
Syria continues to grow as an energy hub for Iraq amid a peaceful border situation.
Israel Electric Corporation develops local 3D‑printing capabilities for critical parts
IEC began developing 3D‑printing capabilities several years ago and now expects to expand into metal component manufacturing.
Saudi Aramco suspends European crude deliveries after East-West pipeline attack - report
The customers typically receive Saudi crude through long-term supply agreements, which provide regular monthly deliveries.
The Iran war is creating a new global energy risk beyond the Strait of Hormuz - analysis
Oil loadings at the Red Sea port of Yanbu were suspended, sources told Reuters, while Saudi Arabia’s East-West Pipeline remained offline after attacks on the kingdom’s energy infrastructure.
