ENERGY

Keystone Fund has bid NIS 4.35 billion after last month Generation Capital bid NIS 4.2 billion.

NewMed Energy is trying to reopen the agreement with the Ministry of Energy and Infrastructure because of the strengthening of the shekel against the dollar.

The fall in price is due to the strengthening of the shekel and lower prices on international markets.

A new law to be enacted by Turkey next month could thwart the huge underwater power cable project by annexing economic waters claimed by Greece.

The third pipeline has increased annual gas production capacity from 12 BCM to 15.8 BCM, well above the 14 BCM, which was forecast, Leviathan partners report.

Dalia has signed the 20-year deal with Leviathan partners NewMed and Ratio with reservoir operator Chevron conspicuously absent.

Israeli solar energy inverter systems company SolarEdge Technologies saw its share price jump 44.4% in the final two days of trading last week, giving a market cap of $3.8 billion.

The surprise announcement that Israel will supply jet fuel to Germany contradicts Transport Minister Patrick Schnieder’s statements that his country has sufficient kerosene.

Abu is leaving after 15 years to take advantage of the opportunities in the regional and global market.

The field will cover 3,000 dunams near Dimona and produce electricity with a capacity of 265 megawatts, at the lowest price ever in Israel: NIS 0.06.5 per kWh.

The companies will investigate setting up an R&D center and pilot facility for testing nuclear fusion systems for essential water and wastewater infrastructure.

Previous expectations had been for a much sharper rise at the start of May as the price of oil on world markets has continued to climb over the past month.

Shapir currently holds 10% of the shares in the company and will be able to increase its holdings in Ashdod Refinery in the coming years, by exercising three options it holds.

The Israeli startup uses AI to buy and store electricity during off-peak hours when costs are at their lowest, and discharges battery units during peak hours when prices soar.

New technology from BYD enables hundreds of kilometers of range to be added to an electric car in less time than it takes to fill up with gasoline.

Nofar CEO Ofer Yanai: Nofar's size and the fact that it is rapidly increasing its revenue, as well as its new growth engines, tell an equity story that the US market will appreciate.

With storage capacity of 645 MWh, the energy storage facility at Kibbutz Neot Smadar will cost the company NIS 370-400 million to build.

Ori Edelsburg, founder and owner of power production company Edeltech, stands to gain NIS 1 billion.

NewMed Energy CEO Yossi Abu sees new opportunities for strategic cooperation with the Gulf states.

Total damage from gas field shutdowns during the war was about NIS 1.7 billion.

All 100 BCM of natural gas in the Cypriot field will be sold to Egypt by NewMed, Shell and Chevron.

Enlight CEO Adi Leviatan talks to “Globes” about returning to Israel after working as a CEO in corporate America and says blocking the Strait of Hormuz has boosted the need for renewable energy.

The shutdown of the offshore gas field at the start of the war has forced Israel to produce electricity using coal and diesel instead.

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Tuesday at midnight April 1, 2026, by NIS 1.08 per liter to NIS 8.05 per liter.

The company, founder by former senior executives from Nofar and Enlight, will develop solar energy and data center projects in the US.

Israel is even more dependent on oil than the OECD average, and as the Strait of Hormuz crisis begins to bite, "Globes" discusses energy policies.

Ratio will now proceed to take up the license it won in October 2023 with its other partner, Dana Petroleum.

Following the strike, smoke was seen billowing above the Bazan Group Oil Refineries installation in Haifa Bay.

As oil soared, the price of the Kesem ETF Leveraged Short Bloomberg Brent Crude Futures x2 Monthly halved, and it may be liquidated.

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel could rise above NIS 8 per liter in April, the Israel Institute of Energy and the Environment predicts.