energy resources

Israeli Natural Gas Field is Significant Find

12/29/2010

JERUSALEM (JTA) -- A natural gas field discovered in Israel's territorial waters contains an esimated 16 trillion cubic feet of the natural resource.

Electrical log tests confirmed the size of the natural gas field, which was discovered in drilling earlier this year off the Mediterranean coast near Haifa and dubbed "Leviathan." Noble Energy Inc. announced the results of the tests on Wednesday.

Leviathan is almost double the size of the Tamar field, which was discovered off Israel’s Mediterranean coast in 2009.

The Great Israeli Oil Rush

Howard Jonas’ financial dream team–Lord Jacob Rothschild came on board this week–sees Saudi-level potential.

11/16/2010
Associate Editor

Golda Meir often told the old Jewish joke (though hardly thinking it funny), why did Moses shlep us for 40 years to the one place in the Middle East without oil?

Now, from Golda to black gold, an oil rush is on, with some of the top businessmen in the world betting big money on Israeli oil, and the only laugh may be the last laugh.

Rock of ages: Can Israel turn its shale into energy independence?
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