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New Navy submarine completes trials
TEL AVIV, Israel, Dec. 24 (UPI) -- An exploration team in Israel said it had discovered an oil field in the center of the country described as having significant commercial potential.
The Givat Olam Exploration Partnership said, "at this stage it is not possible to estimate the significance of these findings," but the firm described the oil field as one with "significant quantities," Arutz Sheva reported Friday.
"More than 60 percent (natural) gas was discovered in the drill mud," the company said.
The discovery was made Wednesday and announced to the Tel Aviv Stock Exchange, where the firm's stock value more than doubled, the Israeli news service said.
The so-called "Meged" well is near Rosh HaAyin, a city east of Tel Aviv, Israel, close to a mountainous area in the northern part of the West Bank called Samaria, Arutz Sheva reported.
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LONDON, May 20 (UPI) --
British investigators say they are "urgently reviewing" whether to join a European Union probe of three oil companies for alleged gasoline price-fixing.
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WASHINGTON, May 20 (UPI) --
Commercial space activities may soon utilize a NASA launch pad at the Kennedy Space Center in Florida that was designed for the Apollo space program.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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