'We hope that Lebanon will become an oil state,' says Beirut's energy minister, as country looks to potential fruit of border agreement with Israel to get it out of its deep crisis

Energy Ministry says a total of 9 companies, out which 5 are new, are in the bidding round for licenses

After decades of false starts, Prime Minister's Office says plan aimed at boosting Palestinian economic development, in coordination with Egypt and the PA

Sale of power plant is part of electricity sector reform to boost competition; Energy Minister Katz says part of sale proceeds will be used to lower electricity prices

Eshkol power station is sold in a tender by the Israel Electric Corporation; Meshek's subsidiary is said to have submitted a NIS 10 billion bid for the Ashdod plant

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

New development plan presented for approval to Cypriot government is expected to cut costs and bring forward production start of natural gas from the reservoir

Kesem plant earmarked for plot near Rosh Ha'ayin in the center of the country, while Dorad in the southern coastal city of Ashkelon will be expanded

Cypriot energy minister says he'll visit Jewish state soon to hammer out agreement, with project expected to take at least 2.5 years to finish

Energy companies with stake in field, including Chevron and Shell, look to appraise well to confirm estimates on size and scope of the gas deposit