NewMed Energy

Excerpt: Chevron and Israel expand the Leviathan gas project with a new pipeline to Egypt as demand rises and domestic output weakens

The Leviathan gas field partners plan a $2.4 billion expansion to boost production and strengthen Israel’s energy security and exports.

Norway’s massive sovereign wealth fund has decided to exclude an Israeli company from its portfolio over its involvement in oil exploration in Western Sahara, a disputed territory claimed by Morocco. …