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Gas station  / Photo: Tamar Matsafi, Globes Gasoline prices in Israel to plunge Tue night

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will fall by NIS 1.03 to NIS 4.89 per liter on Tuesday night, April 1.

Yitzhak Tshuva Photo: Tamar Matsafi Delek loses 5% of Delek Drilling

A painful compromise with Citibank and the Dayan family will cost Delek Group NIS 120 million.

Yitzhak Tshuva Midroog cuts Delek rating as debt fears rise

Midroog believes a failure by the company to repay its debt is very likely.

Gasoline Photo: Shutterstock Israel's Treasury mulls hiking excise on gasoline

The steep fall in oil prices will lower gasoline prices by up to NIS 0.90 in April, if there are no tax hikes.

Tamar field Photo: Albatross Arbitrator rules Alon to pay full Tamar royalties to Isramco

Alon Gas must pay the entire 11.5% royalties worth tens of millions of dollars from the Tamar gas field to Isramco unit Nafta.

Yitzhak Tshuva More foreign banks demand Delek immediately repay debt

Two banks that lent Delek Group $200 million and €50 million are demanding immediate repayment.

Leviathan gas reservoir / Photo: Albatros Leviathan gas: The good, bad, and downright confusing

The gas from Leviathan came ashore on time, exports look set, but Israeli factories still await hook-up, and no-one even knows who should decide on conflicts with Tamar.

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