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Natural Gas In Israel
Natural gas in Israel is a primary energy source in Israel, mainly utilized for electricity production and to lesser degree in industry. Israel began producing natural gas from its own offshore gas fields in 2004. Between 2005 and 2012, Israel had imported gas from Egypt via the al-Arish-Ashkelon pipeline, which was terminated due to Egyptian Crisis of 2011-14. As of 2017, Israel produced over 9 billion cubic meters (bcm) of natural gas a year. Israel had 199 billion cubic meters (cu m) of proven reserves of natural gas as of the start of 2016. In early 2017, Israel began exporting natural gas to the Kingdom of Jordan. History Historically, Israel relied on external imports for meeting most of its energy needs, spending an amount equivalent to over 5% of its GDP per year in 2009 on imports of energy products. The transportation sector relies mainly on gasoline and diesel fuel, while the majority of electricity production is generated using imported coal. As of 2013, Israel was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arish–Ashkelon Pipeline
The Arab Gas Pipeline is a natural gas pipeline in the Middle East. It originates near Arish in the Sinai Peninsula and was built to export Egyptian natural gas to Jordan, Syria, and Lebanon, with branch underwater and overland pipelines to and from Israel. It has a total length of , constructed at a cost of US$1.2 billion. History The pipeline has been used intermittently since its inauguration. Egyptian gas exports were reduced dramatically in 2011 – initially due to sabotage (mostly to its feeder pipeline in Sinai), followed by natural gas shortages in Egypt which forced it to discontinue gas exports by the mid 2010s. Sections of the pipeline continued to operate in Jordan to facilitate domestic transport of gas. The pipeline was reversed to flow gas from Jordan to Egypt from 2015 to 2018 (fed by imported LNG through Jordan's Aqaba LNG reception terminal). The recovery in Egyptian gas production has enabled gas to flow to Jordan through the link from 2018. In 2020 the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Globes (newspaper)
''Globes'' ( he, גלובס) is a Hebrew-language daily evening financial newspaper in Israel. Globes was founded in the early 1980s and published in Tel Aviv, Israel. It deals with economic issues and news from the Israeli and international business worlds. The paper is printed on salmon-colored paper, inspired by the British ''Financial Times''. ''Globes'' was one of the first Israeli dailies to publish its contents on the World Wide Web, dating back to April 1995. Its web version publishes in Hebrew and English. According to TGI 2022 media survey, ''Globes'' market share is 4.1% among Israeli financial newspapers. Its main competitors as Israeli financial newspapers in printed media are ''TheMarker'', of the ''Haaretz'' group, and ''Calcalist'', published by the ''Yedioth Ahronoth'' Group. History The daily paper founded by Haim Bar-On, the publisher of the newspaper, on the basis of a small, Haifa-based financial newspaper, in partnership with businessman Eliezer Fishman. F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noble Energy
Noble Energy, Inc. was a company engaged in hydrocarbon exploration headquartered in Houston, Texas. In October 2020, the company was acquired by Chevron Corporation. The company was known as Noble Affiliates, Inc. until 2002. As of December 31, 2018, the company had of proved reserves, of which 52% was in the United States, 43% was in Israel, and 5% was in Equatorial Guinea. Of the company's total proved reserves as of December 31, 2018, 62% was natural gas, 14% was natural gas liquids, and 24% was petroleum. In the United States, the company's primary holdings were in the Wattenberg Gas Field / Denver Basin in Colorado, the Delaware Basin, and the Eagle Ford Group. As of December 31, 2018, the company owned approximately 74,000 net developed acres and 111,000 net undeveloped acres between 10 and 90 miles offshore Israel in water depths ranging from 700 feet to 6,500 feet. Noble holds a 39.66% working interest in the Leviathan gas field, which it discovered in 2010 and a 25 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delek Group
Delek Group is an Israeli conglomerate and one of Israel's largest companies, Delek Group is involved in the energy and infrastructure, with investments in upstream and downstream energy, water desalination and power plants. Delek Group' subsidiaries are also involved in insurance and financial services. Delek Group is listed on the Tel Aviv stock exchange under the ticker symbol, DLEKG, and is a member of the TA-35 Index of leading Israeli companies, as of July 2012 two of the group's subsidiaries are also listed on the TA-35 Index, Avner Oil Exploration LP and Delek Drilling LP. The Delek Group agreed to sell a 52% controlling stake of Phoenix Holding company (insurance and financial undertaking) to the Chinese civilian-run conglomerate Fosun International. History Delek, The Israel Fuel Corporation Ltd, was founded in 1951 In August 2007, Delek Benelux took over marketing activities for Chevron Global Energy Inc. in Benelux, including 869 fueling stations, mostly under the T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Haifa
Haifa ( he, חֵיפָה ' ; ar, حَيْفَا ') is the third-largest city in Israel—after Jerusalem and Tel Aviv—with a population of in . The city of Haifa forms part of the Haifa metropolitan area, the third-most populous metropolitan area in Israel. It is home to the Baháʼí Faith's Baháʼí World Centre, and is a UNESCO World Heritage Site and a destination for Baháʼí pilgrimage. Built on the slopes of Mount Carmel, the settlement has a history spanning more than 3,000 years. The earliest known settlement in the vicinity was Tell Abu Hawam, a small port city established in the Late Bronze Age (14th century BCE). Encyclopedia Judaica, ''Haifa'', Keter Publishing, Jerusalem, 1972, vol. 7, pp. 1134–1139 In the 3rd century CE, Haifa was known as a dye-making center. Over the millennia, the Haifa area has changed hands: being conquered and ruled by the Canaanites, Israelites, Phoenicians, Assyrians, Babylonians, Persians, Hasmoneans, Romans, Byzantines, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tamar Gas Field
The Tamar gas field is a natural gas field in the Mediterranean Sea off the coast of Israel. The field is located in Israel's exclusive economic zone, roughly west of Haifa in waters deep. The Tamar field is considered to have proven reserves of of natural gas, while the adjoining Tamar South field has . Together, they may have an additional 84 BCM of "probable" reserves and up to 49 BCM of "possible" reserves (reserves having a 10% probability of extraction).Haifa Gas Discovery Bumped to 5 Trillion Cubic Feet Oil In Israel, 10 February 2009 At the time of discovery, Tamar was the largest find of gas or oil in the Levant basin of the Eastern Mediterranean Sea and the largest discovery by |
Egyptian Revolution Of 2011
The 2011 Egyptian revolution, also known as the 25 January revolution ( ar, ثورة ٢٥ يناير; ), began on 25 January 2011 and spread across Egypt. The date was set by various youth groups to coincide with the annual Egyptian "Police holiday" as a statement against increasing police brutality during the last few years of Hosni Mubarak's presidency. It consisted of demonstrations, marches, occupations of plazas, non-violent civil resistance, acts of civil disobedience and strike action, strikes. Millions of protesters from a range of socio-economic and religious backgrounds demanded the overthrow of Egyptian President Hosni Mubarak. Violent clashes between security forces and protesters resulted in at least 846 people killed and over 6,000 injured. Protesters retaliated by burning over 90 police stations across the country. The Egyptian protesters' grievances focused on legal and political issues, including police brutality, state-of-emergency laws, lack of political free ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashkelon
Ashkelon or Ashqelon (; Hebrew: , , ; Philistine: ), also known as Ascalon (; Ancient Greek: , ; Arabic: , ), is a coastal city in the Southern District of Israel on the Mediterranean coast, south of Tel Aviv, and north of the border with the Gaza Strip. The ancient seaport of Ashkelon dates back to the Neolithic Age. In the course of its history, it has been ruled by the Ancient Egyptians, the Canaanites, the Philistines, the Assyrians, the Babylonians, the Greeks, the Phoenicians, the Hasmoneans, the Romans, the Persians, the Arabs and the Crusaders, until it was destroyed by the Mamluks in 1270. The modern city was originally located approximately 4 km inland from the ancient site, and was known as al-Majdal or al-Majdal Asqalan (Arabic: ''al-Mijdal''; Hebrew: ''ʾĒl-Mīǧdal''). In 1918, it became part of the British Occupied Enemy Territory Administration and in 1920 became part of Mandatory Palestine. Al-Majdal on the eve of the 1948 Arab–Israeli War had 10 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
