Israel’s Competition Commissioner Michal Cohen approves an exemption for Dalia Power Energies Ltd.’s $6.7 billion natural gas purchase from Leviathan field partners NewMed Energy and Ratio Energies. The deal avoids restrictive arrangement approval after review by the Exemptions and Mergers Committee, which found no significant harm to market competition. The transaction supports long-term energy supply agreements tied to the Leviathan gas field.
Oct 2026The Jerusalem Post | JPost.comNews article
An Egyptian official rejects reports of a new natural gas supply agreement with Israel. The denial comes amid ongoing regional energy discussions. No details on alternative deals or negotiations were provided.
Chevron and Tamar Petroleum agree to a non-binding memorandum of understanding (MoU) to supply Egypt with additional natural gas, potentially worth up to **USD 20 billion**, starting in **2031**. The deal involves two of the four Tamar partners, while Chevron (25% stake) and Tamar Petroleum (16.75%) lead the initiative. Union Energy (14.5%) and Dor Gas (4%) have not yet confirmed participation.
Isramco Negev 2 Limited Partnership reports first-quarter 2026 revenue of **USD 108.01 million**, a slight decline from **USD 109.24 million** in the same period last year. Net income also decreases to **USD 27.15 million** from **USD 28.75 million** year-over-year. The results reflect a modest downturn in financial performance for the quarter.