ENERGY

The drilling of the Black Sea Vinekh prospect has ended unsuccessfully and the Delek unit will now search for gas in the nearby Krum prospect.

Financing has been closed for the biggest solar energy project in Israel, while Enlight is moving ahead with the massive CO Bar project in Arizona.

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

The company will combine a new power plant, a server farm, and high speed communications at its Eshkol site.

In discussions on an MOU for a US-administered technology park, the possibility was raised of a nuclear reactor to supply its huge energy demands.

An Israeli delegation is due in Nicosia this week to try to finalize an agreement on development of the reservoir, a small part of which is in Israel's economic zone.

Annual production capacity in the offshore Israeli gas field will increase from 12 BCM to 21 BCM by 2029.

The deal to provide Switch with 13 MW of clean energy is expected to be the first of many such contracts in the data centers sector.

NIS 1.3 billion was transferred to the fund in 2025, up from NIS 1 billion in 2024.

The Public Utilities Electricity Authority has instructed the Israel Electric Corp. to suspend retroactive ‘systems service costs’ charges to households with rooftop solar energy panels.

Makor Group analyst Dafna Yagur rates SolarEdge “Outperform” with a price target 40.3% above market.

Homeowners complain about a lack of transparency regarding the ‘systems cost’ charge.

The Authority alleges that NewMed Energy, the largest partner in the Leviathan reservoir, understated its taxable income for 2019 and 2020.

Nofar Energy and Doral have signed deals in the US while Mivne is teaming with Enlight to put solar energy panels on the rooftops of its properties.

The price of gasoline has dropped below NIS 7 per liter for the first time in two years.

The National Infrastructures Committee has decided to approve the Atarot power plant belonging to Egged Properties, controlled by the Keystone Fund.

President Trump’s U-turn on green energy, as data centers for AI require huge amounts of electricity, has boosted Israeli stocks that were written off at the start of 2025.

Under the plan, a pipeline from Israel’s offshore gas fields would connect to Cypriot LNG facilities for export worldwide.

The company's stock has rebounded this year, cash flow is positive, and the data centers market is shaping up as a long-term growth engine.

With regulators only allowing three private power plants to be built by 2030, one of the four companies competing for them will miss out.

The $35 billion deal amounts to 22% of the the Leviathan natural gas reservoir.

The fourth largest undeveloped oil discovery in the world, according to Navitas, will be worth £100 million to each of the island’s 3,500 residents.

From December 11, 2025, the regulation comes into effect making the installation of rooftop solar panels on new houses mandatory to receive a building permit for new houses and some towers.

As part of the agreement, the Leviathan partners will commit to a guaranteed price for selling gas to the Israeli economy.

Doral Group Renewable Energy Resources' stock price has soared as it indicates it will complete US projects in time for tax breaks.

Exceptionally high global demand for gas turbines will inflate the cost of the OPC Hadera and Reindeer power plants and put back competition.

Delek Group's third quarter jumped by 640% year-on-year, mainly thanks to a revaluation of its holding in North Sea oil producer Ithaca Energy.

The Ministry of Finance is attempting to use the Economic Arrangements Bill to circumvent the stance of the Ministry of Energy.

Minister of Energy Eli Cohen is delaying the sale following the collapse of a deal between the Tamar partners and Israel Electric Corp.

Energean, which operates Israel’s offshore Karish, Tanin and Katlan gas fields, has signed a deal with Cypriot company Cyfield, to supply natural gas via a new pipeline.