Oil Refineries Ltd
   HOME
*





Oil Refineries Ltd
BAZAN Group, (ORL or BAZAN, ), formerly Oil Refineries Ltd., is an oil refining and petrochemicals company located in Haifa Bay, Israel. It operates the largest oil refinery in the country. ORL has a total oil refining capacity of approximately 9.8 million tons of crude oil per year with a Nelson complexity index of 9. ORL provides a variety of products used in industrial operations, agriculture and transportation. ORL is Israel's largest integrated refining and petrochemical facility. The company also provides storage and transportation services for oil fuel products, as well as electricity and steam to industrial customers in the region. History The company's beginnings date back to the British Mandate for Palestine when Consolidated Refineries Limited (CRL), a joint venture of Shell and the Anglo-American Oil Company (now Esso), started constructing a sprawling refinery complex which sat at the end of the British-built Mosul-Haifa oil pipeline which stretched from t ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Mandatory Palestine
Mandatory Palestine ( ar, فلسطين الانتدابية '; he, פָּלֶשְׂתִּינָה (א״י) ', where "E.Y." indicates ''’Eretz Yiśrā’ēl'', the Land of Israel) was a geopolitical entity established between 1920 and 1948 in the region of Palestine under the terms of the League of Nations Mandate for Palestine. During the First World War (1914–1918), an Arab uprising against Ottoman rule and the British Empire's Egyptian Expeditionary Force under General Edmund Allenby drove the Ottoman Turks out of the Levant during the Sinai and Palestine Campaign. The United Kingdom had agreed in the McMahon–Hussein Correspondence that it would honour Arab independence if the Arabs revolted against the Ottoman Turks, but the two sides had different interpretations of this agreement, and in the end, the United Kingdom and France divided the area under the Sykes–Picot Agreementan act of betrayal in the eyes of the Arabs. Further complicating the issue was t ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Eyal Gabbai
Eyal Gabbai (born in 1967 in Jerusalem) was the Director-General of the Israeli Prime Minister's Office from 2009 to 2011. He served as director of the Government Companies Authority and the Israeli branch director of the Australian investment firm Babcock & Brown. Education and personal life Gabbai holds a Bachelor Degree in Economics (magna cum laude) and Law (cum laude), and an MBA in Finance (cum laude) from the Hebrew University of Jerusalem. After completing his undergraduate degree he joined the Israel Democracy Institute and served as an assistant on behalf of the Knesset Economics Committee. Gabbai did his internship at the law firm S. Horowitz and with of Justice Dalia Dorner of the Israel Supreme Court. He is married to Einat, a clinical psychologist, and is a father to five. His first wife died when their daughter was three-years-old. They live in Modi'in. Career Gabbai's public service career began in 1996, after completing his graduate degree in Business A ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Monopoly
A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a busine ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Ashdod Oil Refineries
Ashdod Oil Refinery ( he, פז בית זיקוק אשדוד) situated in the coastal city of Ashdod is the second largest oil refinery in Israel (behind Haifa's oil refinery). It is located in the industrial zone in the northern part of the city, nearby the Port of Ashdod. As of 2014, it has an annual refining capacity of 5.4 million tons of oil, with a Nelson complexity index of 9.8. History The refinery was once part of the formerly governmental company Oil Refineries Ltd. which owned both the Ashdod and Haifa refineries. As part of the effort to privatize the refining sector in country the Ashdod refinery was sold to the Paz Oil Company in 2006. The refinery commenced operations in 1973, after three years of construction, in order to meet the needs of the Israeli market which exceeded the production capacity of the Haifa Refinery. The decision to construct a new refinery on the sand dunes north of Ashdod was based on the following considerations: available land, geographical ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Arab League Boycott Of Israel
The Arab League boycott of Israel is a strategy adopted by the Arab League and its member states to boycott economic and other relations between Arabs and the Arab states and Israel and specifically stopping all trade with Israel which adds to that country's economic and military strength. A secondary boycott was later imposed, to boycott non-Israeli companies that do business with Israel, and later a tertiary boycott involved the blacklisting of firms that do business with other companies that do business with Israel. An official organized boycott of the Yishuv (pre-state Jewish community in Palestine) was adopted by the Arab League in December 1945, and persisted against Israel after its establishment in 1948. The boycott was designed to weaken Jewish industry in Palestine and to deter Jewish immigration to the region. Egypt (1979), the Palestinian Authority (1993), Jordan (1994), Bahrain (2020), UAE (2020), Sudan (2020) and Morocco (2020), signed peace treaties or a ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Mediterranean And Middle East Theatre Of World War II
The Mediterranean and Middle East Theatre was a major theatre of operations during the Second World War. The vast size of the Mediterranean and Middle East theatre saw interconnected naval, land, and air campaigns fought for control of the Mediterranean, North Africa, the Horn of Africa, the Middle East and Southern Europe. The fighting in this theatre lasted from 10 June 1940, when Italy entered the war on the side of Germany, until 2 May 1945 when all Axis forces in Italy surrendered. However, fighting would continue in Greece – where British troops had been dispatched to aid the Greek government – during the early stages of the Greek Civil War. The British referred to this theatre as the Mediterranean and Middle East Theatre (so called due to the location of the fighting and the name of Middle East Command), the Americans called it the Mediterranean Theater of War and the German informal official history of the fighting is The Mediterranean, South-East Europe, and No ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, massa ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Solel Boneh
Solel Boneh ( he, סולל בונה, lit. ''Paving and Building'') is the oldest, and one of the largest, construction and civil engineering companies in Israel. History During British rule (1921-1948) Solel Boneh was founded in 1921 in British-ruled Palestine, during the first conference of the Jewish trade union, the General Histadrut, under the name of Batz (), an acronym of ''Binyan veAvodot Tziburiot'' (, lit. ''Construction and Public Works''). Its first project was to pave a road from Tiberias to Samakh, which is now part of Highway 90. The company was founded as a cooperative organisation in the spirit of socialist workers' groups. In 1923 it was declared bankrupt partly due to its supplementing wages to Jewish workers. It was resurrected by the Histadrut and the World Zionist Organization as a company named "Solel Boneh", based on the organisation but managed as a business corporation. Solel Boneh had an integral role in major building activities in Mandate Palestin ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Iraq
Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to the north, Iran to the east, the Persian Gulf and Kuwait to the southeast, Saudi Arabia to the south, Jordan to the southwest and Syria to the west. The capital and largest city is Baghdad. Iraq is home to diverse ethnic groups including Iraqi Arabs, Kurds, Turkmens, Assyrians, Armenians, Yazidis, Mandaeans, Persians and Shabakis with similarly diverse geography and wildlife. The vast majority of the country's 44 million residents are Muslims – the notable other faiths are Christianity, Yazidism, Mandaeism, Yarsanism and Zoroastrianism. The official languages of Iraq are Arabic and Kurdish; others also recognised in specific regions are Neo-Aramaic, Turkish and Armenian. Starting as early as the 6th millennium BC, the fertile alluvial plains between Iraq's Tigris and Euphrates ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Kirkuk
Kirkuk ( ar, كركوك, ku, کەرکووک, translit=Kerkûk, , tr, Kerkük) is a city in Iraq, serving as the capital of the Kirkuk Governorate, located north of Baghdad. The city is home to a diverse population of Turkmens, Arabs, Kurds, and Assyrians. Kirkuk sits on the ruins of the original Kirkuk Citadel which sits near the Khasa River. Kirkuk was proclaimed the "capital of Iraqi culture" in 2010. It is claimed by the Kurdistan Regional Government as its capital. Kirkuk is also considered by Iraqi Turkmens to be their cultural and historical capital. The government of Iraq states that Kirkuk represents a small version of Iraq due to its diverse population, and that the city is a model for coexistence in the country. Etymology The ancient name of Kirkuk was the Hurrian ''Arrapha'' During the Parthian era, a ''Korkura/Corcura'' ( grc, Κόρκυρα) is mentioned by Ptolemy, which is believed to refer either to Kirkuk or to the site of Baba Gurgur from the city ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Kirkuk Field
Kirkuk Field is an oilfield in Kirkuk, Iraq. It was discovered by the Turkish Petroleum Company at Baba Gurgur in 1927. The oilfield was brought into production by the Iraq Petroleum Company (IPC) in 1934 when 12-inch pipelines from Kirkuk (British-ruled Mandatory Iraq) to Haifa (Mandatory Palestine) and Tripoli (French-ruled Greater Lebanon) were completed. It has ever since remained the most important part of northern Iraqi oil production with over of proven remaining oil reserves in 1998. After about seven decades of operation, Kirkuk still produces up to , almost half of all Iraqi oil exports. Oil from the Kirkuk oilfield is now exported through the Kirkuk-Ceyhan Oil Pipeline, which runs to the Turkish port of Ceyhan on the Mediterranean Sea. Some analysts believe that poor reservoir-management practices during the Saddam Hussein years may have seriously, and even permanently, damaged Kirkuk's oilfield. One example showed an estimated of excess fuel oil being reinject ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]