The size makes Katlan Israel’s fourth-largest gas reserve. Energean is already developing the Karish, Karish North and Tanin offshore reserves, as well as several blocks in the larger Tamar gas field.

The 2,000-megawatt cable appears to have supplanted the joint EastMed gas pipeline.

Failing in Iran, Indian investors are turning to Israel, where they hope to find a secure investment in its energy industry.   

An Israeli partnership announced that an oil field they have been surveying north of the Dead Sea is estimated to hold seven million barrels of oil, worth NIS 1.2 billion ($321 million).

On the way to becoming an energy empire, an Israeli exploration group has announced the existence of yet another massive gas field off Israel coast.

The Palestinian Authority canceled an energy deal with Israel, thwarting an opportunity to end energy dependence on Israel.