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ENERGY

Yuval Steinitz Israel signs MoU for subsea electricity cable link to Europe

Israel, Cyprus and Greece will lay the world's longest subsea electricity cable with funding from the EU.

Leviathan rig Photo: Albatross Israel's gas royalties up 30%, topping NIS 1b in 2020

With the Leviathan field beginning operations, royalties were actually 40% below expectations.

Ormat power plant / Photo: Shutterstock, Shutterstock.com Ormat Technologies rebuts graft allegations

Ormat describes claims by Hindenburg Research as "inaccurate and filled with innuendo in an attempt to mislead investors."

Ormat CEO Doron Blachar  / Photo: PR Short seller charges Ormat with 'dirty dealings in clean energy'

Hindenburg Research has accused the Israeli geothermal energy company with "widespread and systematic acts of international corruption."

Filling up with gasoline  / Photo: Eyal Izhar, Globes Gasoline prices in Israel to rise sharply again

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.27 to NIS 5.99 per liter on Sunday night, March 1.

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