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Ari Rabinovitch - 4 Israel - 4 — - 4 Israel Katz - 3 Tamar - 3 Goldman Sachs - 3 Susan Fenton - 2 Biden - 2
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Search resuls for: "Israel's Energy"


13 mentions found


☆ Israel awards gas exploration licences to ENI, BP and four others
  + stars: | 2023-10-29 | by ( ) www.reuters.com   time to read: +1 min
JERUSALEM, Oct 29 (Reuters) - Israel's Energy Ministry said on Sunday it had awarded 12 licenses to six companies to explore for natural gas off the country's Mediterranean coast, aiming to create more competition and diversify suppliers. It said that one group that includes ENI (ENI.MI), Dana Petroleum and Ratio Energies (RATIp.TA) will explore in an area west of the massive Leviathan field, which supplies Israel with gas and is also used for export. Another group comprised of BP (BP.L) Socar (403550.KS) and NewMed (NWMDp.TA) will explore north of the Leviathan, the ministry said. "The winning companies have committed to unprecedented investment in natural gas exploration over the next three years, which would hopefully result in the discovery of new natural gas reservoirs," said Energy Minister Israel Katz. Reporting by Ari Rabinovitch and Steven Scheer; Editing by Susan Fenton and Giles ElgoodOur Standards: The Thomson Reuters Trust Principles.
Persons: Israel Katz, Ari Rabinovitch, Steven Scheer, Susan Fenton, Giles Elgood Organizations: Israel's Energy Ministry, ENI, Dana Petroleum, BP, Energy, Thomson Locations: Israel, Europe
☆ Israel will not hold off on ground offensive over hostages-minister tells Bild
  + stars: | 2023-10-23 | by ( ) www.reuters.com   time to read: +1 min
Israeli Energy Minister Israel Katz listens to a talk on the gas platform for Leviathan, Israel's largest gas field, talks, near Haifa bay, northern Israel, August 1, 2023. REUTERS/Ari Rabinovitch/File Photo Acquire Licensing RightsFRANKFURT, Oct 24 (Reuters) - Israel will not hold off on a possible ground invasion of Gaza over the issue of captives being held there, Israel's energy minister told German tabloid newspaper Bild. In an interview published on Tuesday, energy minister Israel Katz said everything would be done to bring the hostages home. "But that cannot hinder our actions including the ground offensive, if we decide on it," he was quoted as saying. "Hamas wants us to deal with the captives and wants the military to not go in to eliminate their infrastructure.
Persons: Israel Katz, Ari Rabinovitch, Katz, Ludwig Burger, Deepa Babington Organizations: Energy, REUTERS, Rights, Thomson Locations: Haifa, Israel, Gaza
☆ Water in Southern Gaza remains 'limited' despite US urging Israel to end the shutoff
  + stars: | 2023-10-16 | by ( Mattathias Schwartz | ) www.businessinsider.com   time to read: +5 min
Israel's officials told Jake Sullivan they 'they have in fact turned the water pipe back on in Southern Gaza.' In fact, the restoration of water service remains "limited," a US official told Insider the following day. "Israeli counterparts agreed to restore water in south Gaza," a US national security official told Insider on Monday. AdvertisementAdvertisementIsrael's energy minister reportedly confirmed that Israel would resume supplying water to Southern Gaza after a discussion with the Biden administration. Children fill boxes with clean water from a dispenser as water shortage happens following the suspension of water flow from Israel to Gaza, in Deir-Al Balah, Gaza on October 15, 2023.
Persons: Jake Sullivan, Joe Biden's, Israel, Sullivan, Biden, Benjamin Netanyahu's, Yoav Gallant, Al Balah, Ashraf Amra, Inas Hamdan, Hamdan, Israel hasn't Organizations: Service, Hamas, Israel's, Gaza's Interior Ministry, EU, Israeli Defense Forces, Ministry of Defense, UNICEF Locations: Southern Gaza, CNN's, Gaza, Israel, Deir, U.N, Egypt, Rafah
☆ Israeli father said he punched the air with relief when he heard Hamas had killed 8-year-old daughter as the alternative would have been 'worse than death'
  + stars: | 2023-10-14 | by ( Alia Shoaib | ) www.businessinsider.com   time to read: +3 min
A father said he was relieved to find out that his daughter, 8, had been killed by Hamas. He said being taken as a hostage to Gaza would have been "worse than death." AdvertisementAdvertisementA grief-stricken father said he was relieved that his eight-year-old daughter had been killed in a Hamas attack because the alternative would have been "worse than death." Emily was killed by Hamas fighters who stormed Be'eri Kibbutz and massacred over 100 Israeli civilians in a terrorist attack. Hamas' attacks on Israel killed 1,300 people, the Israel Defense Forces said.
Persons: —, Thomas Hand, Emily, she'd Organizations: Service, CNN, Be'eri, Jewish, United Nations, Israel Defense Forces, Hamas, UN Locations: Gaza, Israel, Ireland, Hamas
☆ Israel ordered Chevron to shut down a major natural gas field, which could send prices spiking further just before winter
  + stars: | 2023-10-11 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
Israel told Chevron to shut down a major natural gas field, and it's threatening to further spike prices of the fuel. The world's natural gas market has already been rocked by the war in Ukraine and threats of a strike in Australia. Some Israeli gas from Tamar is exported to Egypt, which processes the fuel into LNG that's exported to the EU. AdvertisementAdvertisementBrace for bad news ahead of winter: Natural gas prices could spike as energy giant Chevron halted operations at a major Israeli gas field following orders from authorities. Dutch TTF natural gas futures closed 12.5% higher at 49.455 a megawatt-hour on Tuesday.
Persons: Israel, —, Tamar, Israel isn't, Chevron, It's, Gergely Molnar Organizations: Chevron, EU, Service, Energy, Bloomberg, International Energy Agency, P Global Locations: Ukraine, Australia, Tamar, Egypt, Israel, Houston, Europe
☆ Chevron halts gas exports via EMG pipeline from Israel to Egypt
  + stars: | 2023-10-10 | by ( Ari Rabinovitch Ron Bousso | Ari Rabinovitch | Ron Bousso | ) www.reuters.com   time to read: +2 min
A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken Feb. 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsJERUSALEM, Oct 10 (Reuters) - Chevron (CVX.N) has halted natural gas exports through a major subsea pipeline between Israel and Egypt and is supplying gas via an alternative pipeline through Jordan, the company said on Tuesday. The decision to halt exports via the East Mediterranean Gas (EMG) pipeline came as fighting has intensified between Israel and militants in the Gaza Strip. The 90-kilometer pipeline is the main link between the Chevron-operated Leviathan offshore gas field and Egypt. Israel's energy ministry confirmed in a statement to Reuters that Chevron had requested to export gas through an alternative pipeline that links Leviathan to Jordan as well as Egypt, known as the Arab Gas Pipeline.
Persons: Dado Ruvic, Jordan, Ron Bousso, Ari Rabinovitch, Jan Harvey, David Gregorio Our Organizations: Chevron, REUTERS, Rights, Mediterranean Gas, Ministry of Energy, Tamar, FAJR, Israel's, Energy, Arab Gas Pipeline, Reuters, Thomson Locations: Israel, Egypt, Jordan, Gaza, Ashkelon, El, Arish
☆ Israel just shut a gas field near Gaza. Here’s why that matters
  + stars: | 2023-10-10 | by ( Anna Cooban Matt Egan | Anna Cooban | Matt Egan | ) edition.cnn.com   time to read: +5 min
The Tamar field, located 15 miles off Israel’s southern coast, meets 70% of Israel’s energy needs for power generation, according to the US energy company. A prolonged shutdown could lead to a drop in Israeli gas exports to its neighbors, Egypt and Jordan, as well as squeeze an already tight global gas market. For now, Chevron (CVX) continues to supply its customers in Israel and the region with gas from the larger Leviathan platform. Goldman Sachs analysts think the Tamar shutdown has “contributed” to the rally in European gas prices. However, all in all, the consequences for the global gas market would be “very limited,” he added, because Israel isn’t a major supplier.
Persons: Sally Jones, ” Jones, Chevron, “, Tamar, —, Wood Mackenzie, Goldman Sachs, Simone Tagliapietra, Marc Israel Sellem, Chevron’s Wheatstone, Tagliapietra, Israel, ”, Israel isn’t, Jordan, Israel’s, Martijn Murphy, Luo, ” Murphy Organizations: New York CNN, Chevron, Israel’s Ministry of Energy, Hamas, CNN, Rystad Energy, International Energy Agency Locations: London, New York, Israel, Egypt, Jordan, Europe, Ukraine, Baltic, Australia, Finland, Estonia, Tamar
☆ What are global firms with presence in Israel doing after Hamas attack
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +4 min
Following are the steps taken by the companies ranging from airlines to banks:TRAVELSeveral Asian, European and U.S. airlines have suspended direct flights to Tel Aviv. Delta Air Lines (DAL.N):The airline said it continues to monitor events in the region and has made the decision to cancel Delta-operated Tel Aviv flights through Oct. 31. Goldman Sachs (GS.N):The bank's employees at its office in Tel Aviv have been asked to work from home, a spokesperson said. TECHNvidia (NVDA.O):The world's largest maker of chips used for artificial intelligence and computer graphics said it had canceled an AI summit scheduled for Tel Aviv next week. CONSUMER AND RETAILH&M (HMb.ST):The clothing company said its local franchise partner has temporarily closed all stores in Israel.
Persons: Amir Cohen, El, Goldman Sachs, Morgan Stanley, Gautam Adani's, Jensen Huang, PHARMA Eli Lilly, Lilly, Priyamvada C, Mehr Bedi, Ananya Mariam Rajesh, Khushi, Jaiveer Singh, Samrhitha, Helen Reid, Sriraj Kalluvila, Shounak Dasgupta, Shinjini Organizations: Gaza, REUTERS, Palestinian, Hamas, Tel Aviv . Delta Air Lines, Royal, Chevron, JPMorgan Chase, Reuters, Bank of America, Bloomberg News, FedEx, TECH Nvidia, Tel, Inditex SA, PHARMA, Thomson Locations: Sderot, Israel, U.S, Tel Aviv, Royal Caribbean, Haifa Port, Zara, Bengaluru, London
☆ Israel shuts down major offshore gas field amid violence
  + stars: | 2023-10-09 | by ( Ron Bousso Ari Rabinovitch | Ron Bousso | Ari Rabinovitch | ) www.reuters.com   time to read: +2 min
JERUSALEM, Oct 9 (Reuters) - Israel has suspended production at the Tamar gas field off its southern coast and will seek alternative fuel sources to meet its needs, the energy ministry said on Monday following three days of violence in the region. Chevron (CVX.N), which operates the field, confirmed it had been instructed by the ministry to shut down the field, which is a major source of gas to Israel's power generators and industry. "In the wake of the situation, Israel's defence establishment ordered the temporary suspension of natural gas supplies from the Tamar field," the energy ministry said in a statement. Israel's largest offshore gas field, Leviathan, continues to operate normally, Chevron said. Israel became a major regional gas supplier with the start of production at the Tamar field a decade ago, which was followed by several other gas developments.
Persons: Tamar, Benjamin Netanyahu's, Yisrael Katz, Israel, Dan Williams, Ari Rabinovitch, Ron Bousso, Jason Neely, Susan Fenton Organizations: Chevron, Energy, United Arab, Union Energy, Tamar Petroleum, Everest, Petroleum, Thomson Locations: Israel, Jordan, Egypt, Gaza, Yom, Ashdod, Israel's, Tamar, United Arab Emirates, Dor
☆ Israel announces 'complete siege' of Gaza, cutting its electricity, food, water, and fuel
  + stars: | 2023-10-09 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +2 min
Israel's defense minister announced a "complete siege" of Gaza on Monday, per the Times of Israel. Gazans will have no outside access to electricity, food, or fuel during the siege, he said. AdvertisementAdvertisementIsrael's Defense Minister Yoav Gallant announced on Monday that he has ordered a "complete siege" of the Gaza strip, according to the Times of Israel. Gallant's remarks were followed by an order from Israel's Energy Minister Israel Katz to cut off water to Gaza, per the Times of Israel. The announcement came with the stated goal of wresting full control of Gaza from Hamas and eliminating the group.
Persons: Gazans, —, Yoav Gallant, Gallant's, Israel Katz Organizations: Sunday, Service, Israel's, Israel Defense Forces, Southern Command, Israel's Energy, Electricity, Palestinian, Civilian Locations: Gaza, of Israel, Israel, Hamas, Egypt
☆ What are global firms with presence in Israel doing after Hamas attacks
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +2 min
A rocket launched from the Gaza Strip strikes an area near Sderot, southern Israel October 9, 2023. REUTERS/Amir Cohen Acquire Licensing RightsOct 9 (Reuters) - Global companies with a presence in Israel have temporarily shut some operations and asked employees to work from home following attacks by the Palestinian Islamist group Hamas over the weekend. BANKSJPMorgan Chase (JPM.N):The Wall Street bank has asked more than 200 employees in Israel to work from home, a source familiar with the matter told Reuters. Goldman Sachs (GS.N):The bank's employees at its office in Tel Aviv have been asked to work from home, a spokesperson said. CONSUMER AND RETAILH&M:The clothing company said its local franchise partner has temporarily closed all stores in Israel.
Persons: Amir Cohen, El, Goldman Sachs, Morgan Stanley, Gautam Adani's, Jensen Huang, Priyamvada C, Mehr Bedi, Ananya Mariam Rajesh, Helen Reid, Sriraj Kalluvila, Shounak Organizations: Gaza, REUTERS, Hamas, Royal, Chevron, JPMorgan Chase, Reuters, Bloomberg News, TECH Nvidia, Tel, Thomson Locations: Sderot, Israel, Palestinian, Tel Aviv, Royal Caribbean, U.S, Haifa Port, Bengaluru, London
☆ Israel, Saudi normalization a long way off, Biden says
  + stars: | 2023-07-09 | by ( ) www.reuters.com   time to read: +3 min
WASHINGTON, July 9 (Reuters) - Israel and Saudi Arabia are a long way from a normalization agreement that would involve a defense treaty and a civilian nuclear program from the United States, U.S. President Joe Biden said in a CNN interview broadcast Sunday. "We're a long way from there. Israel’s religious-nationalist government has acknowledged setbacks in the normalization efforts, amid Saudi censure of its policies toward the Palestinians. And it depends upon the conduct and what is asked of us for them to recognize Israel," Biden said in the interview. Israel, which is outside the voluntary Non-Proliferation Treaty (NPT) and has no nuclear energy, is widely believed to have atomic weaponry.
Persons: Joe Biden, Biden, Fareed, Eli Cohen, ”, Steve Holland, Doina Chiacu, Dan Williams, Andrea Ricci, William Maclean Organizations: CNN, Fareed Zakaria's GPS, Israel’s Army, Israel Football Association, Saudi, U.S, Washington, Thomson Locations: Israel, Saudi Arabia, United States, U.S, Saudi, Riyadh, Yemen, Iran, Iraq, Libya
☆ Israel to boost energy storage with eye on facilitating Sabbath supplies
  + stars: | 2023-05-07 | by ( ) www.reuters.com   time to read: +2 min
JERUSALEM, May 7 (Reuters) - Israel approved on Sunday a plan to create an energy storage network in cities to produce off-peak electricity, which will also supply "kosher" electricity for ultra-Orthodox Jews observing the Sabbath. In some neighbourhoods generators are activated ahead of time and provide electricity for the day, which is expensive, polluting and can be dangerous, Israel's energy ministry says. "Storing electrical energy will be one way to allow the expansion of electricity production from renewable energies," said the ministry. "At the same time, in Israel there are populations interested in consuming 'kosher electricity' that was not generated on Sabbath." If successful, hundreds of megawatts in storage facilities will be built nationwide, the ministry said, without giving a timeframe.
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