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Dalia Energy CEO Ovadia Debby, NewMed Energy CEO Niv Sarne, Compeition Commissioner Adv. Michal Cohen  credit: Ori Sadeh, Inbal Marmari, Cadya Levy NewMed insists $6.7b deal with Dalia Energy cancelled

Despite approval by the Competition Authority, NewMed says pre-conditions in the agreement have not been fulfilled. Dalia Energy: The deal is in force.

Dalia Energy CEO Ovadia Debby, NewMed Energy CEO Niv Sarne, Compeition Commissioner Adv. Michal Cohen  credit: Ori Sadeh, Inbal Marmari, Cadya Levy Pressure pays off: Regulator approves giant Leviathan gas deal

NewMed Energy announced it was cancelling the $6.7 billion supply agreement with Dalia Energy, and the Competition Authority has now approved it in full.

Production platform for Navitas's Sea Lion reservoir  credit: PR Navitas falls as contractors withdraw from Sea Lion project

The Argentinian government has threatened sanctions against anyone associated with the project near the disputed Falkland Islands in the South Atlantic.

Gasoline prices credit: Tali Bogdanovsky Treasury approves another gasoline excise cut

Minister of Finance Bezalel Smotrich plans to cut the maximum price of government price controlled 95 octane gasoline at self-service pumps by NIS 0.50 per liter.

Superfarm data center on Moshav Bnei Zion credit: TG Productions Data centers construction will resume under strict conditions

Large guarantees and rigorous scrutiny by the new Israel AI National Directorate will be the main conditions for building permits for new data centers, “Globes” reveals.

Gasoline prices credit: Tali Bogdanovsky Gasoline prices to rise sharply to record Wednesday night

Despite the NIS 0.50 cut in excise on gasoline earlier this month, the price will reach an all-time high on October 1.

Nadav Balila  credit: Rami Zarnegar Nadav Balila buys land for data center at Alon Tavor

Together with Doral Energy and Ampa, Balila's logistics company  plans a 50-megawatt data center on a site well served by energy infrastructure.

Yair Hirsh, Muli Ravina, Ori Yogev  credit: Noy Naftali Aluma fund buys OPC Energy unit for NIS 272m

OPC Mevuzarot sets up power and cogeneration installations at customers' sites.

Doron Blachar Credit: Nir Slakman Ormat wins $35m US funding

The Israeli geothermal energy company has received US Department of Energy funding for projects in Nevada and Utah.

Dalia power station  credit: company presentation Leviathan partners cancel $6.7b deal with Dalia Energy

The deal is for the long-term supply of gas to two new Dalia Energy power plants. Dalia Energy rejects the cancellation.

Karish rig  credit: Eyal Izhar Energean signs Sorek power station gas supply deal

The agreement is for 7.7 billion cubic meters (BCM) of gas over 15 years.

Argentina’s President Javier Milei credit: Shutterstock Argentina files criminal suit against Navitas over Falklands oil

The Argentinean government claims that the Israeli company has violated Argentine law by operating in the northern basin of the islands, under licenses granted by Britain.

Israeli gas stationm credit: Cadya Levy Gasoline prices to fall sharply after gov’t cuts excise

Minister of Finance Bezalel Smotrich is expected to sign an order reducing excise by NIS 0.50 per liter.

Lanir Group CEO Nadav Efrati Renewable energy co Lanir to raise NIS 176m in TASE IPO

Lanir Group will allocate 20% of its shares at a company valuation of NIS 705 million, before money.

Gas station credit: Tali Bogdanovsky Gasoline prices to hit record high Monday night

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise NIS 0.16 on Monday at midnight September 1, 2026.

Greece credit: Shutterstock New Africa Israel-Cyprus-Greece power grid connection gets US backing

Despite fierce opposition from Turkey, the East Mediterranean interconnector project is moving forward.

Yitzhak Tshuva credit: Jonathan Bloom Delek UK unit Ithaca joins FTSE 100

Since a low point in 2024, Ithaca's stock has jumped 181%, giving a market cap of £4.5 billion.

Dallia and IIF CEOs credit: Eyal Laybel and Uri Sadeh Dalia Energy ups stake in Ashdod data center to 50%

Dalia Energy has exercised its right to increase its share in the construction of a new data center at the Eshkol site, north of Ashdod Port.

Shuki Nir  credit: SolarEdge SolarEdge recovery stalls on disappointing Q3 guidance

The Israeli solar energy inverter systems company’s share price is down sharply despite good second quarter results.

Enlight CEO Adi Leviatan credit: Tal Shahar Enlight jumps on strong Q2 results, higher guidance

The Israeli renewable energy company has also been boosted by major tax benefits in the US and a huge deal to provide Google with energy for its data centers.

Power plant credit: Yossi Weiss Phoenix to invest in PowerGen at NIS 3.25b valuation

Phoenix will invest NIS 234 million for a 7.2% stake and convert financing to raise the stake to 12.4%.

Rooftop solar energy panels credit: Shutterstock Rooftop solar panel tariffs to fall sharply in 2027

The tariff paid to owners of solar roofs - NIS 0.48 to NIS 0.54 per kilowatt-hour - could fall to NIS 0.35 for those who install panels from next year.

Gas station credit: Tali Bogdanovsky Gasoline prices to jump sharply Saturday night

Price controlled 95 octane gasoline at self-service pumps in Israel will rise above NIS 8 per liter due to higher global oil prices and the weakening of the shekel.

Ofer Yanai credit: Noam Galai Nofar Energy buys 47.5% stake in Reindeer power station

Nofar will pay the Phoenix NIS 711 million and a further NIS 144 million to the private owners.

Shikun & Binui Energy CEO Yuval Skornik and Generation Capital chairperson Yossi Singer  credit: Assaf Revivo, Cadya Levy Generation Capital wins battle for Shikun & Binui Energy

The NIS 4.45 billion deal will make Generation Capital subsidiary PowerGen one of the largest energy companies in Israel - if regulatory hurdles can be overcome.

Power grid  credit: Shutterstock Regulator makes future of server farms in Israel uncertain

The Electricity Authority's decision to suspend allocation of power connections exposes the shortcomings of Israel's power infrastrucutre.

Tamar gas rig  credit: Albatross Gas export policy unclear despite potential billion dollar deals

The Dayan Committee's interim conclusions on gas policy were issued in April 2025 but no final report has yet been published.

Server farm  credit: Shutterstock Electricity Authority halts server farm permits

The Authority suspended the grant of permits for 140 days, after applications reached 27,000 megawatts.

Solar power project  credit: Shutterstock Power cable rules eased to boost solar energy projects

The procedure for moving high-tension lines will be made simpler, which will make it easier to construct solar installations where land is cheap.

Keystone Infra CEO Navot Bar credit: Dude Moskovitz Keystone signals intent to buy Shikun & Binui Energy

Keystone unit Keystone Power has signed a term sheet for a NIS 2 billion credit line.

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