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- Sunday, March 31, 4:57 AM Israel has started production of natural gas from its offshore Tamar field, taking the country further along the road towards energy independence. The news is also a boon to the companies who have been developing Tamar - which holds 10T cubic feet of gas - including Noble Energy (NBL) and Delek Group (DGRLY.PK). 2 Comments [Energy]
- Tuesday, March 12, 12:18 PM Delek US Holdings (DK -5.3%) is halted with news pending, with shares down more than 5% after hitting an all-time high yesterday. Israel's Globes reports parent company Delek Group (DGRLY.PK) is expected to sell up to $250M, or 12%, of DK stock. DKL -1.4%. Comment! [Energy, On the Move]
- Monday, December 3, 2012, 5:17 AM Australia's Woodside Petroleum (WOPEF.PK) agrees to acquire a 30% stake in Israel's massive Leviathan offshore gas field from the operators of the reserve, which include Noble Energy (NBL) and Delek Drilling (DKDRF.OB). Woodside will pay an initial $696M and as much as $550M once certain conditions are met, as well as revenue-sharing money of up to $1B a year. Noble's stake will fall to 30% from 39.66%. (PR) Comment! [Energy, Top Stories, M&A]
- Monday, October 22, 2012, 5:15 AM Australia's Woodside Petroleum bids for a stake in the massive Leviathan natural gas field off the coast of Israel in which up to 30% of the rights are being sold. The Globes newspaper reports that Woodside's offer values Leviathan at $7.5B, 50% greater than analyst estimates. Other leading bidders include Gazprom and Korea Gas, although Noble Energy (NBL), which owns 40% in Leviathan, prefers a Western Partner. Comment! [Global & FX]
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Alex B. Gray
Delek Group DGRLY.PK completes purchase of the BP France fuel marketing and convenience store operations for approximately 175 million Euro. - View all 0 replies
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