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Last updated on April 21, 2014 at 1:20 EDT

Latest Haifa Bay Stories

2013-01-29 00:21:17

KARMIEL, Israel, January 29, 2013 /PRNewswire/ -- Opgal [http://www.opgal.com ], a world leader in thermal imaging technology, answers the needs of the petro and drilling industry's gas leak detection requirements with its EyeCGas(TM) Camera System. EyeCGas, an innovative, unique gas detection camera, has already achieved worldwide success for remotely detecting gas in the industrial environmental market. The oil & gas industry continues to face increasing safety and...

2010-12-13 08:06:00

HAIFA, Israel, December 13, 2010 /PRNewswire-FirstCall/ -- Oil Refineries (TASE: ORL.TA) ("ORL" or the "Company), announced today that pursuant to the Company's Immediate Report dated April 7, 2010, the Company is pleased to announce that on December 12, 2010, it entered into an agreement with East Mediterranean Gas S.A.E. (hereinafter "EMG") for the supply of natural gas to the plants of the Company and its subsidiaries Carmel Olefins Ltd and Gadiv Petrochemical Industries Ltd, for a...

2010-06-30 02:13:00

HAIFA, Israel, June 30, 2010 /PRNewswire-FirstCall/ -- - Support from US EX-IM Bank for Additional Loans Totaling US$300 Million for the Purchase of Equipment From Abroad, was Approved by the U.S. Congress in February of This Year Oil Refineries Ltd. (TASE: ORL.TA) ("Oil Refineries" or the "Company") and the syndicate of local banks led by Bank Hapoalim, has today signed an agreement for a loan of US$600 million, as part of a financing program of US$900 million, to continue the...

2010-03-25 13:56:00

In the news release, "Oil Refineries Responds to Change in its Credit Rating" issued on 25 Mar 201017:28 GMT, by Oil Refineries Ltd TASE:ORL over PR Newswire, we are advised by a representative of the company that additional, unnecessary tables were included after the "About Oil Refineries Ltd." section. Complete, corrected release follows: HAIFA, Israel, March 25, 2010 /PRNewswire-FirstCall/ -- Oil Refineries Ltd. (TASE: ORL.TA) (the "Company" or "ORL"), Israel's largest oil...

2010-02-07 04:07:00

HAIFA, Israel, Feb. 7 /PRNewswire-FirstCall/ -- Oil Refineries (TASE: ORL.TA) ("ORL" or the "Company), announced today that it secured a $900 million financing framework in order to continue to implement the Company's strategic plan, as well as to service its other capital needs for four years. As part of the financing framework the Company signed an agreement of principles to receive $600 million dollars in financing from a syndicate of local banks, led by Bank Hapoalim. Additionally,...

2009-11-30 07:04:00

HAIFA, Israel, November 30 /PRNewswire-FirstCall/ -- Oil Refineries Ltd. (TASE: ORL.TA) (hereinafter: the "Company", "ORL"), Israel's largest oil refiner, announced that it has come to its knowledge that Israel's Minister for the Environmental Protection signed, on November 22, 2009, new instructions for the prevention of air pollution from the Haifa refinery, under the Prevention of Hazards Law- 1961 (hereinafter: the "New Decree" or "New Personal Decree"). The New Personal Decree...

2008-09-29 06:00:30

HAIFA, Israel, September 29 /PRNewswire-FirstCall/ -- Oil Refineries Ltd. ("Oil Refineries" or the "Company") announced that subsequent to the Company's announcements dated July 8, 2008 and July 29, 2008 with respect to its entering into an agreement with Israel Petrochemical Enterprises ("IPE") for the acquisition of the 50% balance of shares in Carmel Olefins Ltd. ("CAOL") in exchange for the allocation of 20.53% of the Company's share capital (the "Allocated Shares") and the sale of the...

2008-08-14 09:01:03

HAIFA, Israel, August 14 /PRNewswire-FirstCall/ -- Oil Refineries Ltd. ("Oil Refineries" or the "Company") has announced the results of the Special General Shareholders Meeting held on August 13, 2008. The following resolutions were approved: 1. Engagement with the Israel Petrochemical Enterprises Ltd. ("IPE") dated June 24, 2008, in which the controlling shareholder of the Company has a personal interest in a transaction. 2. An increase in the Company's authorized capital by NIS...