Chevron buys Nobel Energy major player in Israeli Energy market

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The Texas-based oil and Gas producer Chevron Corp has purchased Nobel Energy for $5 billion.
NobelEnergy partnered with Itzhak Tshuva's Delek Drilling LP in the development of Israel's offshore natural gas fields.
Israeli Minister of Energy Yuval Steinmetz hailed the deal as a show of faith in the Israeli energy market.
Noble Energy Inc's shares jumped 10.5% premarket as Chevron Corp agreed to buy the Houston-based oil and gas producer for $5 billion in an all-stock deal. Chevron rose 0.2%



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