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Keyword: israeloil

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  • Israel's shale reserves 2nd largest in world

    09/08/2013 12:32:17 PM PDT · by idov · 25 replies
    The Times Of Israel ^ | Horovitz | David
    Far below the surface of the Promised Land, a hidden treasure lies. If it can be carefully liberated from the geological layer in which it is caught, it promises nothing less than to transform Israel’s economy. It is called oil shale. And, along with Jordan, Israel just so happens to sit upon the world’s second largest deposits of the stuff, after the United States. Oil shale deposits are overwhelmingly located outside conventional oil-rich areas such as the Middle East and North Africa. So if safe, economic processes for extracting this alternative oil resource can be put into effect, dependence on...
  • Israel Grants First Golan Heights Oil Drilling License To Powerful US Company

    02/23/2013 11:46:00 AM PST · by haffast · 19 replies
    Business Insider ^ | Feb. 22, 2013, 2:45 PM | Michael Kelley
    Israel has granted a U.S. company the first license to explore for oil and gas in the occupied Golan Heights, John Reed of the Financial Times reports. A local subsidiary of the New York-listed company Genie Energy — which is advised by former vice president Dick Cheney and whose shareholders include Jacob Rothschild and Rupert Murdoch — will now have exclusive rights to a 153-square mile radius in the southern part of the Golan Heights. That geographic location will likely prove controversial. Israel seized the Golan Heights in the Six-Day War in 1967 and annexed the territory in 1981. Its...
  • Could Israel be another Middle East oil giant?

    09/28/2011 5:50:15 AM PDT · by decimon · 9 replies
    BBC ^ | September 27, 2011 | Daniel Estrin
    Prospectors in Israel say hundreds of feet below the ground lies shale rock that can be converted into billions of barrels of oil. But environmentalists say it's a disaster waiting to happen."This is the distinct smell I'm talking about when I talk about oil shale." > In recent years, big natural gas deposits were discovered off the coast, but the country still imports much of its gas from its neighbour to the south, Egypt. That supply is precarious. This year it was interrupted by a string of attacks on gas pipelines running through the Sinai desert. And concerns remain about...
  • THE OTHER SIDE

    09/12/2002 10:19:33 AM PDT · by Quix · 8 replies · 282+ views
    Bill Somers WHAT'S NEW prophecy page ^ | 18 AUG 2002 | Hollie L Moody
    The Other Side Hollie L. Moody (August 18th, 2002) I was in the Spirit and found myself with the Lord beside a large body of water. The sun was shining and I felt that it was the middle of the day. There was a small, but sturdy looking, wooden ship pulled up on the sand next to the Lord and I. I watched as the Lord pushed the boat into the shallows and stepped into it. He then held His right hand out to me. "Come with Me to the other side," the Lord said to me. I placed my...