Many major Jewish organizations said they had no idea he was on the board of Delek Drilling.
Israel is boosting spending on its navy to better protect offshore oil and gas deposits and secure a large maritime zone that abuts that of its neighbor and enemy, Lebanon.
On the sidelines of a nuclear security summit in Washington in March, Turkish President Recep Tayyip Erdogan held a private meeting with Israel’s energy minister, Yuval Steinitz. It was the highest level contact between Israel and Turkey since diplomatic relations broke down six years ago after Israeli forces raided a Turkish ship bound for Gaza, killing 10 Turkish activists.
Expectations that Turkey and Israel will restore relations after a five-year-old rift have raised hopes of speedy progress in talks to import Israeli natural gas, potentially a multi-billion-dollar project.
The Israeli Cabinet voted to transfer to the government control over the development of natural gas, calling it a matter of national security.
Israel is in advanced negotiations to supply natural gas from its vast Leviathan field to Arab peace partner Jordan under a 15-year, $15 billion agreement, the Israeli government, gas operators and industry officials said on Wednesday.
Israel should channel the money it will make from natural gas into improving education, tackling poverty and advancing other social issues, argues Nathan Jeffay.
A Palestinian electric company was the first to sign an agreement to buy gas from Israel’s Leviathan natural gas field.
An Israeli energy company announced plans to export natural gas via pipelines through Turkey and other countries in the Middle East.
Natural gas fracking uses billions of gallons of water. It is lost forever, taken out of the cycle of life — what would Kabbalah say about this waste?