Oil Refineries Ltd
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Oil Refineries Ltd

Company nameOil Refineries Ltd.
Company typePublic (TASE - ORL)
IndustryEnergy, Chemicals
Founded1954
HeadquartersIsrael Haifa
Key peopleYossi Rosen, Chairman Yashar Ben-mordechai, CEO
ProductsPetroleum products, Petrochemicals
Revenue(+) US$ 5,141.4 million (2009)
Operating income(+) $ 357.2 million (2009)
Net income(+) $ 349.2 million (2009)
Employees1,200 (2009)
SubsidiaryCarmel Olefins Ltd.
Gadiv Petrochemical Industries Ltd.

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Oil Refineries Ltd. (ORL), located in the bay area of Haifa, is Israel's largest Oil refinery. Using its state-of-the-art industrial facilities, ORL is capable of refining approximately 9 million tons of crude oil per year providing a variety of products used in industrial operation, transportation, private consumption, agriculture and infrastructures.

With the refining business representing 90% of the Company's total activities, ORL produces refined products with a high added value by using complex refinery facilities and at 7.4 on the Nelson Complexity Index, among the highest in the East Mediterranean region. The Company has a maximum crude oil refining capacity of approximately 24,800 tons per day (180,000 barrels per day). Over 75% of the Company's produce goes to local consumption, while the balance is exported, primarily to the Mediterranean basin.

The company is active in the area of Polymers and Aromatics through its holdings in Carmel Olefins Ltd. and wholly-owned Gadiv Petrochemical Industries Ltd. Oil Refineries is traded on the Tel Aviv Stock Exchange under the ticker ORL.

The Company also provides power and heat services (electricity and steam) to industrial customers in Haifa Bay, as well as infrastructure services (storage, pumping and truck loading of fuel products).


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Govt to be tough on sugar, edible oil hoarders - Financial Express Bangladesh Tweet this news
Financial Express Bangladesh--Of the major importers S Alam Super Edible -Oil Ltd- had 13323 tonnes, Iliyas Brothers -Refinery- had 13323 tonnes, S Alam Vegetable -Oil- Products -Ltd- had 19655 ... - Date : Tue, 08 Feb 2011 19:14:16 GMT+00:00
Petroleum: SHELL PAKISTAN LIMITED - Analysis of Financial Statements Financial ... - Business Recorder (press release) (blog) Tweet this news
Business Recorder (press release) (blog)--The Ministry of Petroleum and Natural Resources has planned to make the -oil refineries- and -oil- marketing companies richer by placing an upper cap on import ... - Date : Thu, 10 Feb 2011 23:47:15 GMT+00:00
Essar Oil reopens talks with Shell for 3 refineries - Hindustan Times Tweet this news
Hindustan Times--Essar -Oil Ltd- said on Monday that it has "re-engaged" in discussions to buy three of Royal Dutch Shell Plc's European -refineries-. The company is also eyeing ... - Date : Mon, 17 Jan 2011 18:10:06 GMT+00:00
India's BPCL commissions 120000 bpd Bina refinery - Reuters Africa Tweet this news
Reuters Africa--Bina -refinery- is operated by Bharat Oman -Refineries Ltd-, which is majority controlled by BPCL. The plant would initially process Arab Mix crude. ... - Date : Mon, 31 Jan 2011 03:23:49 GMT+00:00
Kenya: State Firm Wins Key Fuel Imports Deal - AllAfrica.com Tweet this news
AllAfrica.com--Under the open tender system, the lowest bidder imports crude -oil- for processing by Kenya Petroleum -Refineries Ltd- (KPRL) or refined petrol, diesel and Jet ... - Date : Tue, 01 Feb 2011 04:45:37 GMT+00:00
Prices of petroleum products to go up by January - Myjoyonline.com Tweet this news
Myjoyonline.com--Officials indicate the world crude price is expected to influence the pump price by as much as 25 percent with the Tema -Oil Refinery- debt recovery levy ... - Date : Wed, 29 Dec 2010 10:21:52 GMT+00:00
Explosion rocks Wynnewood oil refinery in Oklahoma - PennEnergy- Energy News (press release) Tweet this news
PennEnergy- Energy News (press release)--An explosion and subsequent fire rocked the Wynnewood -oil refinery- in Southern Oklahoma early Sunday morning. The fire was -limited- to an ... - Date : Mon, 27 Dec 2010 21:38:36 GMT+00:00
3 Chinese killed in Russia fire, 2 missing - China.org.cn Tweet this news
China.org.cn--Three Chinese workers were found dead on Tuesday after a big fire caused by a blast in an -oil refinery- in southeastern Russia. Another two missing Chinese ... - Date : Wed, 29 Dec 2010 00:02:04 GMT+00:00
China top "teapot" refiners to have 1.12 mln bpd capacity-report - Reuters Africa Tweet this news
Reuters Africa--BEIJING Dec 29 (Reuters) - China's top 10 independent -oil refineries- will likely boost their total refining capacity by 44 percent from 2010 to 1.12 million ... - Date : Wed, 29 Dec 2010 08:29:40 GMT+00:00
Class Demands $10 Billion from BP For Pollution From Texas City Refinery - Courthouse News Service Tweet this news
Courthouse News Service--GALVESTON, Texas (CN) - Neighbors of BP's Texas City -oil refinery- demand $10 billion in punitive damages for years of air pollution that contaminated "yards ... - Date : Tue, 28 Dec 2010 16:40:39 GMT+00:00

Companies of the TA-25 Index on TASE (as of Januray 2010)

Teva Pharmaceutical Industries * BAZAN - Oil Refineries * Bezeq - The Israel Telecommunication Corp * Cellcom * Delek Group * Israel Discount Bank * Discount Investment Corporation * Elbit Systems * Harel Group * Israel Chemicals * Israel Corporation * Delek Drilling LP * Bank Leumi * MA Industries * Avner Oil Exploration LP * Bank Mizrahi-Tfahot * NICE Systems * Ormat Industries * Partner Communications Company * Paz Oil Company * Perrigo Company * Bank Hapoalim * Strauss Group * Osem * Gazit-Globe *



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