Pod Save America Hosts Call on Democrats to Cut All Israel Military Aid, No Longer Accept AIPAC Funding
Jews, Israelis Targeted in Austria Amid Surge in Antisemitic Incidents; Local Jewish Community Calls for Action
‘All of Our Strength’: Over 1,000 Pro-Israel Activists Gather in DC for Solidarity Conference
‘Devastated’: Wesley LePatner, Killed in Manhattan Mass Shooting, Was a Jewish Communal, Philanthropic Leader
Sen. Angus King Vows to No Longer Vote for Israel Military Aid Until Gaza Conditions Improve
Europe Won’t Pressure Israel to ‘Commit Suicide’ Amid Gaza Backlash, Palestinian State Push, Says Israeli FM
Israel’s National Soccer Coach Attacked in Athens Before Soccer Fans Chant ‘F–K Israel, Free Palestine’ at Match
New York Judge Sentences Neo-Nazi to 5 Years for Livestreaming Bomb Threats Against Jewish Hospitals
US Pressures Lebanon to Issue Cabinet Decision to Disarm Hezbollah Before Talks Continue
UK Plans to Recognize Palestinian State in September Unless Israel Meets Conditions, Starmer Says
Chevron Completes Acquisition of Noble Energy, Which Operates Israeli Gas Fields
Error: Contact form not found.
by Israel Hayom / JNS.org
Workers on the Israeli Tamar gas-processing rig some 25 kilometers off the Israeli southern coast of Ashkelon. Photo: Moshe Shai / Flash90.
JNS.org – Energy giant Chevron has completed the acquisition of Noble Energy, the company which holds most of the natural gas reserves off Israel’s coastline.
Clay Neff, president of Chevron Africa and Latin America Exploration and Production, briefed Israeli Energy Minister Yuval Steinitz on the completion of the transaction.
“The entry of the global energy giant is great news for the Israeli economy and opens up opportunities for investment in the high-tech and startups in the energy sector,” Steinitz said in a statement on Monday.
Israeli Prime Minister Benjamin Netanyahu hailed the development as a “tremendous revolution in the supply of energy to the State of Israel.”
“Chevron, the second largest energy corporation in the world, has come into Israel to help us get the gas out of the water,” said Netanyahu. Israel’s offshore reserves “will bring billions, tens of billions and perhaps hundreds of billions of shekels to you, the citizens of Israel, to health, welfare, the economy, education in every field,” he added.
