The United States is poised to become the world’s largest oil producer by 2020 thanks to increased output of new exploration technologies such as fracking. But what does this mean for politics? The World Energy Outlook 2012 released by the Paris-based International Energy Agency (IEA) predicts that America will surpass Russia and Saudi Arabia as […]
Qatar Airways’ natural gas push could help combat climate change, reduce costs for passengers. Photo: Qatar Airways With massive natural gas reserves, it is a wonder that Qatar has not pushed natural gas for the aviation industry. Granted, no country, or airline, has made the move to gas, but Qatar and its flagship Qatar Airways hopes […]
Satellite view of Deepwater Horizen oil spill slick, April 30, 2010: Photo by US National Oceanic and Atmospheric Administration (NOAA) Noble Energy, the Houston based energy company, has been working with both Israel and Cyprus to find commercial quantities of natural gas under the eastern Mediterranean seabed . Noble Energy’s Mediterranean undersea energy exploration has […]
Drilling for natural gas is one thing, but getting it safely ashore with terror elements in the region is another. Ever since the news broke a few years back that natural gas exploration companies, headed by entrepreneurs like Yitzhak Tshuva had located large deposits of natural gas in the eastern Mediterranean, the race has been […]
As Israeli rigs start drilling for natural gas, a new disaster prevention agency is proposed to avert another BP-Florida Gulf disaster. Environmentalists have proposed a new government body that might head off ecological catastrophes on Israel’s Mediterranean coast. The new agency could set policy more efficiently by streamlining the powers currently shared by several different […]
Meged oil field, in Israel. Last week two environmental representatives were added to Israel’s Petroleum Council, according to the Jerusalem Post. The council has been restructured to include a total of 13 members, including seven members of the public. As Israel’s ongoing court dispute between government officials and national gas distributors proves, the industry has […]
Turkey has started exploratory drilling for oil and gas in the town of Iskele in northern Cyprus (red arrow), angering the government of the Greek-controlled southern region. The Turkish Petroleum Corporation began onshore drilling operations on April 26 at a 3,000-meter-deep well, named “Türkyurdu-1” (“Turkish Homeland”), which Turkish Energy Minister Taner Yıldız called a “force for […]
Egyptian Natural Gas Holding Company announced on Sunday that they have cancelled their agreement to sell natural gas to Israel following at least one dozen attacks on the pipeline linking the two countries. Israeli Finance Minister Yuval Steinitz said the move was of “great concern,” but Egypt insists that the decision was motivated purely by commercial […]
The last international climate change negotiation (COP17) took place in Durban in 2011 and the outcomes were pretty disappointing given the urgency of the matter in hand. Unsatisfactory outcomes aside, climate change negotiations have been providing momentous opportunities for NGOs, individuals and the private sector to engage and exchange ideas on solutions to climate change mitigation. […]
Oil refinery in the Haifa Port. Though Israeli electricity prices rose nearly 9 percent at the end of last month due to reported natural gas shortages, Israel’s energy ministry has decided that Israel will export half of the natgas it pumps from its offshore reserves in the Mediterranean Sea. Called the Zemach Committee, and led […]
With Israeli electricity prices set to rise nearly 9%, government officials are trying to plan for the long-term, at least until the next energy crisis.
Israel tops the global clean tech charts once again! A recent report compiled by Cleantech Group and the World Wildlife Fund shows that Israel is only behind Denmark in terms of its clean tech prowess. The tiny country beat out Sweden, Finland, the United States and other leading national innovators. Called “Coming Clean: The Global Cleantech […]
Tanin 1 gas field, in large yellow area north of the Tamar field, is too close for comfort to Lebanese shores. Lebanon is going to the UN to complain. Israel’s got natural gas. A lot of it. Cleaner burning than coal or bitumen, natural gas has a reputation for being more environmentally friendly. Countries like […]
With an estimated 8 trillion cubic meters of natural gas, Turkey wants some of this energy wealth too. The Republic of Cyprus has started surveying for natural gas, and recent estimates are that its undersea reserves are worth billions of dollars. Helped by Israel and America’s Noble Energy, the subterranean Cyprus discoveries could make the […]
Israel’s natural gas wells could lead to an unsustainable shekel. Although the revolution in Egypt this past spring threatened Israel’s gas supply from the south, Israel took relief in its newly discovered Tamar and Leviathan gas fields deep beneath the Mediterranean Sea, estimated to produce tens of billions of cubic feet of natural gas. But even […]