oil and gas

Big Gas Find Sparks a Frenzy in Israel

 By CHARLES LEVINSON And GUY CHAZAN

TEL AVIV—Two years ago, Ratio Oil Exploration LP, an energy firm here, employed five people and was worth about half a million dollars.
Operations in Noble Energy's Leviathan gas field, the world's biggest deepwater gas find in a decade.
Today it sits at the center of a gas bonanza that has investors, international oil companies, Israeli politicians and even Hezbollah, Israel's sworn enemy, clamoring for a piece of the action.

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