AIPAC announced that provisions supportive of Israel were added to the 2018 Fiscal Year Omnibus Appropriations Bill passed on March 23rd.
The provisions, which arose from bipartisan support in the House and the Senate, establish a U.S.-Israel Center for Excellence in energy and water technologies. Additionally, the law funds the U.S.-Israel Binational Industrial Research and Development Energy (Bird-Energy) Program.
Reuters reported that the partners, Texas-based Noble Energy and Israel's Delek Drilling, operating in the Tamar and Leviathan natural gas site off Israel's coast are in talks to buy the rights to use the East Mediterranean Gas (EMG) pipeline to supply gas to customers in Egypt. Delek said there was no certainty a binding agreement would be signed. Just last month, Egyptian company Dolphinus Holdings said it would buy $15 billion of Israeli natural gas in two 10-year agreements from Leviathan and Tamar.
Since Israel officially became a state in 1948, the United States has benefited from the Jewish State’s knowledge of regional actors in the Middle East and its leading contribution to critical security systems and technologies.
From its inception, Israel has been at the forefront of managing diverse security threats, which also face the United States, and it has led the charge in the advancement of vital cyber security technology systems. Israel’s world-renowned expertise in the field of cyber security is critical in order for the...
Tamar Petroleum Ltd. (TASE: TMRP), headquartered in Israel, will pay $800 million ($560 million in cash) for a 7.5% working interest in the field. Noble remains the operator of the oil project with a 25% working interest in Tamar.
The Texas energy firm plans to reinvest the cash that it will receive from the deal towards the dev...