Does Rosh Ha’Ayin, Israel, have its future in oil? Finding oil in Israel near the Dead Sea is one thing, but finding significant amounts of the black, un-environmentally friendly stuff right outside of the already polluted city of Tel Aviv may wind up being something entirely else altogether. This scenario may very well be happening, […]
He’s interested in Dead Sea development. Now Israeli billionaire Yitzhak Tshuva appears to have done it again after his Delek Energy subsidiary Yam Tethys won a $1 billion contract recently to furnish natural gas to the Israeli Electric Company (IEC). The gas, according to the Jerusalem Post, will power new electric power plants instead of […]
The use of gas as an energy source is expected to increase globally, which also increases the need to find safe and economic solutions for storing large quantities of gas. The current solution is to store large gas tanks near populated areas, occupying expensive and valuable areas of land. In the upcoming WATEC Conference (the […]
Israel is one of the leading countries involved in a number of alternative and renewable energy projects, which even include making bio fuels from algae and splitting hydrogen and oxygen molecules in water to produce hydrogen fuel, one of most abundant fuel sources in the universe. But despite these and other methods o f producing energy […]
Iran Khodro, a Peugeot partner for producing its line of 405 and 206D sedans, announced the production of what it claims is the world’s most powerful natural gas engine at 150 hp. The engine runs on compressed natural gas (CNG), and is supposed to comply with the EURO 4 emission standards. It will first be installed in the Samand […]
Just weeks into 2009, at least three Middle Eastern governments have made commitments to increase the green-ness of their energy supplies. Last week, Cairo has committed that renewables will supply 20 percent of Egypt‘s electricity needs by 2020, Israel says solar power will provide 10 % and Abu Dhabi says 7% of its total power […]
The historic discovery of a large deposit of natural gas off of the Israel coast has the potential to restructure the Israeli energy market, with effects reaching into other countries in the region as well. The “Tamar 1” deposit, located 90 km west of Haifa, is projected to begin delivery in 2015, and contains at […]
Amidst all its struggles to develop clean and cleaner technologies (and a war with Gaza), it seem that Israelis got a huge gift this week: Israelis were celebrating this week over the discovery of a massive 3 trillion cubic feet natural gas pocket found buried 1.5 km below the sea floor, some 90 km off […]
“If the Israeli government can ever formulate a binding peace accord with the Palestinians, both entities could have access to enough natural gas reserves to satisfy their energy needs for at least 100 years.” This statement was made a few years back by a representative of British Gas, one of the world’s largest energy exploration […]
Israel Chemicals has signed a deal with the Yam Thetis consortium to buy 2 billion cubic meters of natural gas until 2015. And apparently being green can be profitable as well, because the company estimates that the switch will ultimately save them $100 million a year. Israel Chemicals, which manufactures fertilizers and specialty chemicals, bears […]