Israel Electric Corporation needs extra revenue to cover high cost of imported fuel that was purchased for two years until cheaper natural gas became available from Tamar field.
In fact there are multiple deadly hazards in the Haifa bay area; the giant ammonia tank is just one.
Tel Aviv District Court recognizes those who brought the NIS 11 billion-case as representatives of all electricity consumers affected by the allegedly improper rates.
State fund aims to avoid economic damage from a strong shekel as natural gas production gets underway.
Energy Ministry announces gas to arrive in Israel within 24 hours; new Energy Minister Silvan Shalom: This day heralds economic independence for the State of Israel.
The decline of gas prices in Europe and a weakened dollar contributed to the decrease at the pump.
Clients will start getting gas next week while the controversy over exporting some of it rages on; Energy Minister: gas flow ushering in new era of economic independence for Israeli energy market.
In first speech since being appointed, Amir Peretz calls for extreme caution before approving export of Israel's precious national resource.
Repairs could take up to one year and 15 million euros, but replacement might be necessary, potentially forcing the utility to institute rolling blackouts at times of peak demand in Israel.
The maximum price for self-serve regular unleaded gasoline, as set by the government, is currently NIS 7.95 per liter.
A week after being extradited, former judge Dan Cohen finds himself among defendants in civil lawsuit.
While a power-hungry population demands more and more energy, the Israel Electric Corporation, burdened by debts, is cutting investment in its transmission network.
The move to boost initial production is part of an effort to increase gas supplies to the Israeli market.
'Exporting gas would be stealing about $250 billion from the public,' says the head of the Institute for Economic Planning.
Caught between a rock and a hard place: a monopoly on the one hand, and on the other a court case that could drag on for years, delaying the development of the natural gas fields
The agreement, which comes after a year of negotiations, calls for Gazprom to oversee annual sales of 3 million tons of LNG, or about 4.2 billion cubic meters, over 20 years.
The struggling electricity monopoly is thought to be looking for an image boost before a new government is formed and the public debate about the company's future resumes.
The average Israeli household will be expected to pay about NIS 400 as the struggling IEC implements a government-mandated corporate restructuring plan.
The gas would be delivered through the Israeli gas pipeline that serves Israel Chemicals’ Dead Sea Works plant in Sodom.
IEC may pay up to NIS 10 million for violating contract with privately owned power station due to sanctions by its workers union.
Turkish conglomerate Zorlu Group is planning to lay an undersea pipeline from Israel offshore drills to Turkey's south coast.
Tel-Rav is partly owned by businessmen Ram Belinkov and Amos Lasker, while Avi Teitelman is a board member. Teitelman is a former deputy director general of the Communications Ministry and remains a senior adviser to the electricity authority.
At Eurasian Economic Summit in Istanbul, Turkish envoy tells his Israeli counterpart that a potential Israel-Turkey gas pipeline could be squandered by Israeli partnership with Cyprus on natural gas.
Global prices for liquefied natural gas are rising toward record highs this year as increasing demand runs up against stuttering supply.
But many problems still ahead, such as getting petroleum out of the landlocked state.
Lebanon intends to publish a tender to search for gas in the country's economic waters, similar to a tender published by Cyprus several months ago.
Children's toys and car seats spill into the sea, with some items sucked into seawater input pump of Eshkol power station.
Flooding of Ayalon becomes flashpoint for grievances.
In the wake of the stormy weather conditions in Israel this week, drainage in the area surrounding the Ayalon Highway has become a flash point among authorities.
The company provides 30% of Palestinian households in West Bank and East Jerusalem, owes almost half a billion shekels to the financially-strapped Israel Electric Corporation.