Energy Minister Yuval Steinitz: Unilateral Lebanese measures will be answered with parallel measures by Israel.
Talks involved a $500 million investment - $250 million in Shikun & Binui itself and $250 million in Shikun & Binui Energy, a source has told "Globes."
Former IDF Chief of Staff Gadi Eizenkot will serve as chairman of the Israeli energy storage company.
New government company System Management, charged with planning the industry's future, has published a call for proposals.
Delek Drilling is obligated to sell its 22% stake in the Israeli offshore gas field by the end of the year.