Oil Refinery
Found 4 recent publications
Shapir will not acquire 5% of the Ashdod Oil Refinery from Paz
Shapir Engineering has declined its option to purchase a 4.99% stake in the Ashdod Oil Refinery from Paz. The decision follows regulatory hurdles and the company's failure to meet conditions regarding the sale of its natural gas distribution licenses.
The battle over the Ashdod oil refinery reaches the court: a shareholder demands to disclose the agreements with Shapir
A shareholder of the Ashdod oil refinery has filed a request with the Tel Aviv District Court to disclose documents regarding the company's relationship with Shapir Engineering. The plaintiff is preparing a derivative lawsuit, alleging that the board of directors unlawfully granted Shapir de facto control over the refinery.
Disaster at the Ashdod Oil Refinery: Police Transfer Case to State Attorney's Office
Six months after the deaths of engineers Irina Radchuk and Nitzan Goichman, police have transferred the case to the State Attorney's Office. The refinery is preparing to resume operations in the testing room where the tragedy occurred, despite internal warnings regarding systemic safety failures. The company states it is prioritizing a safe work environment.
Massive Drone Attack on Russia: 14 Dead and Strikes on "Oil Capital"
Russia reported another massive drone attack, the deadliest in two years, with strikes hitting Nizhnekamsk, a key oil industry hub located 1,200 km from the Ukrainian border. Kyiv also reported casualties from Russian shelling, including a drone strike on a taxi.