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Stock Market & Financial Investment News

News Breaks
January 21, 2014
09:17 EDTNBLIsraeli regulator threatens Noble Energy over competition, Globes reports
Israel's antitrust regulator is pushing Noble Energy and its partner Delek Energy to facilitate significant competition in Israel's natural gas market, the regulator, Antitrust Authority director general David Gilo, told Globes. If the companies don't meet this condition, Gilo said he would seek to take away their Leviathan gas field using the country's courts, the website added. Reference Link
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February 1, 2016
07:42 EDTNBLNoble Energy believes it can develop Leviathan by 2019, Globes reports
Noble Energy Israel County Manager Bini Zomer said that his company thinks it can develop the Leviathan natural gas reservoir if a sufficient number of contracts are signed, despite the plunge in oil prices that have led to investment cuts, Globes reports. "There is no doubt that the global oil and gas industry is facing many challenges. Despite those challenges, Noble believes that the Leviathan project can move forward based on domestic and export opportunities and because of the positive climate created by the Natural Gas Framework," Zomer said. Reference Link

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