Tag Archive for energy
Israel Natural Gas to start flowing into Israel!!
Israel Makes History With $3 Billion Move Towards Energy Self-Sufficiency
Israel has just launched a Texas built offshore platform for pumping natural gas, a step towards energy self-sufficiency for the 1st time in history.
By Tzvi Ben Gedalyahu
Israel has launched an offshore platform for natural gas, a step towards energy self-sufficiency for the first time in history.
The platform, taller than Israel’s highest building, is located 24 miles west of the southern port city of Ashkelon and is scheduled to receive gas in April. Continue Reading »
Israel’s discovery of 250 billion barrels of shale oil is a ‘game-changer’
US expert celebrates Israel’s discovery, says molecular research of the new resource will provide a better understanding of alternative fuels and extraction.
Developing a firmer understanding of shale oil’s chemical complexities is crucial to the search by oil explorers in both Israel and North America drilling at home in shale rock and sands for alternatives to traditional OPEC crude, an expert told The Jerusalem Post in an interview last week.
The company Israel Energy Initiatives (IEI), which has already completed an exploratory pre-pilot drilling phase in Israel’s Adullam region near Beit Shemesh, has claimed that the area — also called the Shfela Basin — contains approximately 250 billion barrels of shale oil, amounts that could be competitive to the amount of crude oil in Saudi Arabia. Continue Reading »
Australia’s Woodside buys 30% of Israel’s largest gas well, the Leviathan
Country’s 2nd largest gas producer agrees to $696m. initial payment
CEO: We’ll pursue a Liquified Natural Gas plant (for
export from Israel ) as quickly as we can.
Woodside Petroleum, Australia’s second-largest gas producer, agreed to pay an initial $696 million for a stake in Israel’s largest natural gas field.
Woodside will acquire a 30 percent interest in the Leviathan field, estimated to contain 17 trillion cubic feet of gas, from partners Noble Energy Mediterranean Ltd., Delek Drilling, Avner Oil Exploration and Ratio Oil Exploration, the Perth-based company said Monday in a statement.
Israel’s New ‘Karish’ Natural-Gas Field Could Hold 2 Trillion CF of Gas
Geologists report that there’s a very good chance Israel has 2 trillion more cubic feet of natural-gas than was previously thought.
By David Lev
The Delek group, along with its partner, Avner Oil Exploration Ltd., on Sunday morning informed the Tel Aviv Stock Exchange that it was preparing to drill another exploratory well in the Mediterranean. According to geological surveys, the companies said, there was a 70% chance that some 2 trillion cubic feet of natural gas were located underground at the “Karish” (“Shark”) drilling site, off the coast of Nahariya.
The site was previously unexplored, and is not connected to the other large fields being explored and drilled by Delek, Avner, and Noble Energy, which are working in the Tamar and Leviathan gas fields. Continue Reading »
NASA futuristic rapid transit to debut in Tel Aviv
Israel chosen by developer of NASA-designed skyTran as the perfect place to pilot the software-guided personal space-age transport pods that glide on a cushion of air.
If all goes as planned, within two years Israelis will be the first people to try out a futuristic rapid transport system designed by NASA’s Ames Research Center in Silicon Valley, California.
The skyTran uses two-person modules that drive along a guide rail suspended from existing power lines. Magnets in the vehicle create a magnetic field around the metal coil inside the rail, causing the vehicle to lift up and glide 60 miles per hour on a cushion of air. Continue Reading »
Fracking becomes a greener proposition
Israel’s Flow Industries produces an ‘air gun’ for eliminating industrial blockages, & it may also provide a solution for extracting shale oil.
Hydraulic fracturing – fracking — is one way to extract valuable shale oil and gases from deep underground by injecting a highly pressurized fluid into rock to pull out the fossil fuel. Those in favor of fracking say that it will help America become energy independent, while growing numbers against it are highly critical of the risks such as groundwater contamination, surface spills and even mini-earthquakes.
An established industrial plumbing company from Israel has a technology that may help bridge the divide between industry and environmentalism when it comes to the fracking debate.
Turkish firm gets Israeli loan for natural gas production in Israel
Despite strained relations between Israel & Turkey following the Marmara flotilla incident, Israeli & Turkish business ventures continue forward as demonstrated by Zorlu Enerji’s $277 million investments in Israel
ISTANBUL – By Hürriyet Daily News
The Ashdod and Ramat natural gas facilities in Israel have been granted a loan of more tharn 1.1 billion Israeli Shekels ($277 million) by Israeli lenders, according to a Zorlu press release. Zorlu Enerji holds a 42.15 percent stake in the natural gas facilities and the remaining 57.85 percent stake is owned by Edeltech Ltd.
Continue Reading »Bloomberg Report: ‘Israel has enough gas to last 150 years’
Bloomberg news agency reports Mediterranean explorations have uncovered $240 billion worth of gas, far more than Israel can ever use.
By Ynet
Gas exploration companies Noble Energy Inc., Delek Group Ltd. and others have discovered enough natural gas to supply Israel’s domestic needs for the next 150 years, an investigative report published by Bloomberg news agency claimed on Saturday.
“The gas would be worth about $240 billion, equal to Israel’s annual economic output, based on today’s prices in the UK,” the report claimed.
The report described Israel’s ongoing debate over how to manage the gas discoveries. Continue Reading »
Israel’s Emergence As Energy Superpower Making Waves
Israeli Prime Minister Golda Meir famously lamented that Moses led the children of Israel for forty years of wandering in the desert until he found the only place in the Middle East where there wasn’t any oil.
But could Moses have been smarter than believed? Apparently the Canadians and the Russians think so, as both countries are moving to step up energy relations with a tiny nation whose total energy reserves some experts now think could rival or even surpass the fabled oil wealth of Saudi Arabia.
Actual production is still miniscule, but evidence is accumulating that the Promised Land, from a natural resource point of view, could be an El Dorado: inch for inch the most valuable and energy rich country anywhere in the world. Continue Reading »
Israel gets natural gas supplement from offshore well
Noble energy begins to supply Israel with natural gas month ahead of schedule
Reuters
A US Israeli consortium began supplying Israelwith natural gas from its offshore Pinnacles well on Wednesday to help stave off a national energy shortage expected this summer.
Israel lost about 40 percent of its natural gas supplies in early 2011 when saboteurs in the Sinai peninsula began attacking the pipeline that carried gas to Israel from Egypt
as part of a 20-year deal. In April, Egypt officially terminated the deal, sending Israel scrambling to find alternative power sources. Continue Reading »
Israeli Scientists Try to Create ‘Green’ Car Fuel
Israeli scientists are working on creating “green” fuel for cars from greenhouse gas emissions.
By Chana Ya’ar
The project makes use of technology developed by Professor Jacob Karni, head of the Weizmann Institute of Science Energy Center in the department of environmental sciences of energy research. Karni is also a supervisor for the institute’s solar program.
Together with Dr. Avner Rothschild from the Technion in Haifa, Karni received a $200,000 grant in 2010 to carry out the research from the Israel Strategic Alternative Energy Foundation, based in Silicon Valley.
The technology uses concentrated solar energy to divide the two oxygen molecules in carbon dioxide, thereby creating oxygen and carbon monoxide. Continue Reading »
Israeli technology turns greenhouse gas into fuel
Technology developed by head of the Weizmann Institute of Science’s Energy Center creates mixture that can be used for car fuel.
The innovation uses concentrated solar energy to dissociate carbon dioxideinto carbon monoxide and oxygen, as well as water into hydrogen and oxygen, allowing for the synthesis of the carbon monoxide and hydrogen into a gaseous hydrocarbon mixture called Syngas.
Israel’s Arava power to build 8 solar fields
Company secures $204 million in funding, largest financial closing in history of Israel’s solar power industry
Israel’s Arava Power said on Tuesday it secured 780 million shekels ($204 million) in funding to build eight medium-sized solar energy fields – the largest financial closing in the country’s solar power industry.
Much of Israelis covered by desert with favorable conditions for harnessing the sun’s energy, and while Israeli firms have developed a number of pioneering technologies used around the world, the country has yet to invest heavily in solar fields at home. Continue Reading »
Israel Strikes Oil Off Tel Aviv Coast
Israel has struck oil again, this time off the Tel Aviv coast. Developers maintain the find includes 100 million barrels of oil, worth $10 billion.
Modiin Energy and Adira Energy discovered an estimated 128 million barrels of oil and 1.8 trillion cubic feet of gas in their Gabriella and Yitzhak licenses, in shallow water less than 15 miles northwest of Tel Aviv.
Officials called the find “significant” and added, “Surveys conducted in recent months found oil in the target strata. The potential oil reservoir is 128 million barrels of oil, and the contingent reserves are an additional 120 million barrels.” Continue Reading »