Newmed
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Aug 13, 2026
16:49Globes

Markets
NewMed looking for gas in Israel, Tamar Petroleum increases production, and Econergy expands production in Romania
A stormy day in the Israeli energy market: NewMed is launching the first gas survey in Israel in years and returning to search for oil under Leviathan; quarterly profit jumped to $117 million. Expansion of production capacity boosted Tamar Petroleum's revenues to $87 million in the second quarter. Econergy secured huge financing of 229 million euros for the construction of a solar and storage...
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