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Isramco

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1994

    Yam 2 investor-communication controversy

    Gas flares at Yam 2 generated extreme market enthusiasm before Isramco announced that the discovery was not economically viable. The resulting collapse in partnership-unit value prompted criticism that investors had been misled and contributed to a broader loss of confidence in Israeli oil exploration.