ORL on Tel Aviv Stock Exchange

Oil Refineries Ltd.

Logo: Company, Public domain, via Wikimedia Commons3

Oil refining and petrochemicals company located in Haifa Bay, Israel

BAZAN Group (BAZAN, Hebrew: בז"ן – בתי זיקוק לנפט בע"מ), formerly Oil Refineries Ltd. (ORL), is an oil refining and petrochemicals company located in Haifa Bay, Israel.2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1954Founded1

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  • TickerORL on Tel Aviv Stock Exchange1
  • Industrypetroleum industry1
  • HeadquartersHaifa1
  • Founded inIsrael1
  • Websitewww.bazan.co.il
  • Legal formlimited company, public company1
Haifaoil
Photo: RonAlmog , (Flickr page), CC BY 2.0, via Wikimedia Commons4

BAZAN Group (BAZAN, Hebrew: בז"ן – בתי זיקוק לנפט בע"מ), formerly Oil Refineries Ltd. (ORL), 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.2

How it started

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-Iranian Oil Company (now BP), started constructing a sprawling refinery complex which sat at the end of the British-built Mosul–Haifa oil pipeline which stretched from the oil fields near Kirkuk in then British-controlled Iraq.

Construction of the first refinery unit started in 1938 and was carried out by the M. W. Kellogg Co. with assistance from Solel Boneh, with an annual capacity of two million tons of crude oil. Construction was completed in 1944, increasing the annual yield to four million tons of crude oil.

During World War II, the complex supplied refined products to British and American forces operating in the Mediterranean and Middle East theatre, and was bombed many times during the early stage of the war by Italy. Damage to the refineries was quickly repaired.

On December 30, 1947, after several weeks of attacks following the UN partition vote in which a number of Jews were killed, members of the Irgun threw two bombs from a passing car into a crowd of Arab workers outside the refinery, killing 6 and wounding 42. In the immediate aftermath, Arab workers at the refinery attacked their Jewish coworkers, killing 39 and wounding 49 in what became known as the Haifa Oil Refinery massacre.

Due to concerns about the Arab League Boycott, the British Government sold CRL to the State of Israel in 1958 which then changed its name to Oil Refineries Ltd.

From Wikipedia’s article on Oil Refineries Ltd., shared under CC BY-SA 4.0.2

Products and brands

  • petroleum

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

Owners

From Wikidata.1

Timeline

  1. 1954Founded Founded in Israel1

Sources

The numbers on this page point here. Each one links to the record it came from.

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