Tshuva blows Up $6.7 Billion gas deal
NewMed Energy and Ratio void $6.7B Dalia gas deal over approval delays. Dalia rejects claim, insists terms were met, and considers taking legal action.
Energy & Infrastructure
American, Russian officials meet on bringing US investor into Nord Stream gas pipeline to Germany
Israel's electricity reform: Israelis are leaving one of the country's oldest companies
$6.7 Billion: Leviathan reservoir energy deal approved
NewMed CEO: 'We Brought National Oil Companies Here'
Yossi Abu, who participated in the Maariv and Walla Economic Conference, spoke about granting exploration licenses to a consortium that includes Azerbaijan's national oil company.
Bazan Group reports resilient 2024 performance, distributes $50M in dividends
Bazan posts a net profit of $113M for 2024. The board approves a $50M dividend, reflecting 75% of annual profit.
Bladeranger divests Deepsolar to Painreform in strategic move
Bladeranger sells its Deepsolar software to Painreform in a $4M stock deal, refocusing on its core solar panel cleaning technology.
Tender issued for operating Tel Aviv congestion charge
The Finance Ministry issued Tel Aviv congestion charge tender, covering planning, construction, and operation. The project, expected in 2026 but likely delayed, aims to generate NIS 1.3B annually.
Light rail, heavy headache: What Jerusalemites think of the light rail construction
The Red Line was suspended for five days this past week. Beyond the inconvenience, where do the municipality and Jerusalemites stand on construction of the new lines to come?
Azerbaijan's state oil co. to buy Tamar offshore gas stake
State-owned SOCAR manages Azerbaijan's oil and gas industry and the investment in Israel has major geopolitical implications and brings Israel and Azerbaijan even closer together diplomatically.