Energy

Finance Ministry aims to cut record high gas prices by 50 agorot, needs attorney-general's approval

Finance Minister Bezalel Smotrich intends to introduce the additional reduction, which, if approved and completed, is expected to bring the price of a liter of gasoline down to about NIS 7.77.

A worker fills benzene, at a gas station in Jerusalem before petrol prices rise at midnight on 31 January 2011.
Bank Hapoalim branch.

Bank Hapoalim to finance Stark Power with $85 million

The Venezuela International Oil & Gas Summit 2026, the first major international energy summit since Nicolas Maduro's removal from power in January, in Caracas, Venezuela, September 29, 2026.

Qatar's UCC in talks for possible entrance into oil, gas areas in Venezuela, executive says

Illustration of a gas station in Jerusalem. August 30, 2026.

Gas prices in Israel to reach all-time high at NIS 8.27 per liter amid worldwide price hikes


Iran targets Kurdistan in regional escalation, spiking gas prices and tensions - analysis

Iran’s attacks on the Kurdistan Region come as the Iraqi prime minister has wrapped up his visit to the US.

Iranian Kurdish fighters from the Kurdistan Freedom Party, known as PAK take part in a training session at a base on the outskirts of Erbil, Iraq February 12, 2026.

Oil and the shaping of modern commodity economies in the Middle East

Oil has shaped economies, industries, and international relations for more than a century. This article explores its global impact, market role, and evolving place in the energy landscape.

Oil has shaped the economies, cities, and global influence of the modern Middle East.

Israel’s energy blind spot - opinion

Israel expanded its natural gas export agreement with Egypt – the largest in its history – while ENI and TotalEnergies committed Cyprus’s Kronos field to Egyptian liquefaction terminals

Map of the Middle East 370

The move that could bring billions to Israel: Energy giant moves closer

ExxonMobil is in talks with Energean to explore gas and oil in Israel as part of a new tender, boosting supply, competition and state revenue.

Offshore gas field.

Israel launches new search for natural gas in the Mediterranean Sea

The new gas exploration process comes alongside plans for a 150km. electricity cable linking southern and central Israel.

 View of the Israeli Leviathan gas field gas processing rig near the Israeli city of Caesarea, on January 31, 2019.

ESCO Israel announces plan to tackle AI data centers consumption crisis without new power plants

According to the company, the current inefficiencies in the Israeli energy sector amount to approximately 20% of total consumption, representing some NIS 5 billion a year that could be saved.

 View of the Power Station in Hadera, on Janury 27, 2018.

Industries thriving in Canada right now

“Canada’s growth is driven by strong, diverse industries.”

Israel lacks plan for gas, mortgages, public spending, government probe finds

The most serious finding concerned natural gas, which provides about 70% of Israel’s electricity.

An electricity pole is seen in Israel, January 28, 2026 (illustrative)

Middle East reroutes its energy networks as region navigates shifting sands - analysis

Investments in new pipelines and energy products will be a key feature in the new regional order.

Gas flares burn at the Rumaila oil field during an armed patrol by Iraqi Energy Police in Basra, Iraq, June 8, 2026.

Israel’s largest electricity consumer changes direction: Mekorot to advance power plant development

National water company Mekorot launches strategy to build small power plants nationwide to secure independent energy for water pumps and ensure supply continuity.

Mekorot – International Water Powerhouse.