Israel expects to collect a total of NIS 2 billion from gas and other natural resources royalties in 2023 as additional exports to Egypt okayed

Ministry says classification of offshore field, which holds an estimated 68 billion cubic meters of gas, marks the first natural gas discovery recognized by Israel since 2015

Hezbollah leader claims coalition stoking domestic strife with legal proposals in addition to inflaming conflict with the Palestinians

Country joins 'club of international oil exporters' with first cargo load of hydrocarbon liquids extracted from offshore Karish natural gas field

After signing maritime border deal with Lebanon days before election, prime minister says natural gas will help lower cost of living for Israelis

Diplomatic correspondent Lazar Berman on historic Lebanon maritime deal and updates from around the globe; settlements reporter Jeremy Sharon compares & contrasts far-right parties

Cabinet unanimously votes in favor of agreement; Lebanese president signs letter confirming pact; prominent member of Hamas signals support

Offshore field is Israel's third to come online, with Energean saying production 'is being steadily ramped up,' will reach peak in 4-6 months

PM Lapid lauds move to allow Energean to begin work as one that 'strengthens Israel's energy stability,' as well as its economy

US-sanctioned Gebran Bassil, who is also president's son-in-law, emphasizes deal with Israel 'not a normalization process' but predicts will brings much-needed stability to region