| Israeli regulator to resign, may free up gas explorers Noble and Delek | |
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JERUSALEM, May 25 (Reuters) - Israel's anti-monopoly regulator, who has been pushing to open the energy sector to competition, said on Monday he would step down in August, potentially lifting the pressure on exploration companies Noble Energy and Delek Group. "The government, especially the prime minister's office and Finance and Energy Ministries, will do everything they can to promote the outline that is being drafted for the natural gas market - an outline I am convinced will not bring competition in this important market," said Gilo, who has been in the post for more than four years. While not directly related, the resignation of the regulator comes as Netanyahu has been shaking up the leadership of two ministries under his control. Last week Netanyahu dismissed the director-general of the Communications Ministry and this week the director-general of the Foreign Ministry was also let go, to be replaced by a close Netanyahu confidant, Dore Gold, a former Israeli ambassador to the United Nations. Noble and Delek own 85 percent of Leviathan, which has with an estimated 22 trillion cubic feet (622 billion cubic metres) of reserves. Production had been expected to begin in 2018 following an initial investment in the development of around $6.5 billion. (Reporting by Ari Rabinovitch and Steven Scheer; Editing by Alison Williams)
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Noble Energy
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CODE : NBL |
ISIN : US6550441058 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Noble Energy is a producing company based in United states of america. Noble Energy is listed in United States of America. Its market capitalisation is US$ 4.9 billions as of today (€ 4.1 billions). Its stock quote reached its highest recent level on May 09, 2008 at US$ 97.39, and its lowest recent point on August 31, 2020 at US$ 10.00. Noble Energy has 492 191 992 shares outstanding. |