Dick Cheny's company goes after oil, gas in the Golan Heights

I

srael has granted a U.S. company the first licence to explore for oil and gas in the occupied Golan Heights, John Reed of the Financial Times reports.

A local subsidiary of the New York-listed company Genie Energy — which is advised by former vice president Dick Cheney and whose shareholders include Jacob Rothschild and Rupert Murdoch — will now have exclusive rights to a 153-square mile radius in the southern part of the Golan Heights.

That geographic location will likely prove controversial. Israel seized the Golan Heights in the Six-Day War in 1967 and annexed the territory in 1981. Its administration of the area — which is not recognised by international law — has been mostly peaceful until the Syrian civil war broke out 23 months ago.

Read the Business Insider story - “Israel Grants First Golan Heights Oil Drilling licence To Dick Cheney-Linked Company.”