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 […]