• 4 minutes Why Trump Is Right to Re-Open the Economy
  • 7 minutes Did Trump start the oil price war?
  • 11 minutes Covid-19 logarithmic growth
  • 15 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 18 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 6 mins KSA taking Missiles from ?
  • 36 mins There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
  • 40 mins How to Create a Pandemic
  • 4 hours A New Solar-Panel Plant Could Have Capacity to Meet Half of Global Demand
  • 5 hours Trump eyes massive expulsion of suspected Chinese spies
  • 6 hours >>The falling of the Persian Gulf oil empires is near <<
  • 8 hours Russia's Rosneft Oil Company announces termination of its activity in Venezuela
  • 3 hours Where's the storage?
  • 4 hours Oxford Epidemiologist: Here’s Why That Covid-19 Doomsday Model Is Likely Way Off
  • 9 hours Dr. Fauci is over rated.
  • 10 hours TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"

Global Energy Advisory – 20th February 2015

International Oil & Gas Spotlight

• After making massive finds offshore Israel, in the Levant Basin, Texas-based Noble Energy and its Israeli partner, Delek Group, are facing regulatory challenges as Israeli officials says the two likely will have to sell off some acreage to break up what is being perceived as a monopoly. First, the Antitrust Authority echoed these sentiments, and this week, Israeli Energy Minister Silvan Shalom chimed in with the same conclusion. Israelis are concerned that due to the potential monopoly situation, electricity prices could increase, along with the cost of living. In March 2014, the Antitrust Authority took a decision to allow Noble and Delek to retain the giant Leviathan gas field (22 trillion cubic feet) and the smaller Tamar gas field (10 tcf, already producing). That decision has now been reversed. The fields were discovered in 2009 and 2010 and will turn Israel into a significant energy exporter. The question now is how the government will ensure the development of the two fields, while at the same time removing the monopoly.

• JKX Oil & Gas is seeking $180 million in compensation from Ukraine, claiming the country has violated international treaties. JKX is currently in talks over a possible buyout. The company has launched arbitration proceedings against Ukraine under the Energy Charter Treaty between the UK and Ukraine and a parallel treaty between Ukraine and the Netherlands. The explorer is seeking compensation…




Oilprice - The No. 1 Source for Oil & Energy News