Tuesday, June 3, 2025

Israel’s Government Approves Leviathan Natural Gas Deal – Official

From Reuters May 22 Israel approved on Sunday a deal meant to fast-track the development of the huge offshore natural gas field Leviathan, an Energy Ministry spokeswoman said. Israel’s energy minister said on Wednesday he reached a deal with Texas-based Noble Energy and Israel’s Delek Group that will allow the firms to move forward with the field’s development, hopefully bringing

Natural Gas Loses Steam as Weather Forecasts Cool

From the Wall Street Journal Natural gas prices erased gains Monday after midday weather updates pulled back from hot forecasts that had stoked expectations for strong demand. Natural gas for June delivery lost 0.7 cent, or 0.3%, to settle at $2.055 a million British thermal units on the New York Mercantile Exchange. The retreat from gains brought gas back to