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Joonko founder Ilite Raz pleads guilty to a massive $27 million fraud
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Haifa Bay
3 stories about Haifa Bay
Bazan puts $5 billion price tag on leaving Haifa Bay
02.09.26
|
Yuval Azulay
The oil refining group is seeking compensation based on valuations of up to $3.8 billion, plus hundreds of millions of dollars tied to expected refining margins and additional costs. The government, which wants the complex evacuated by the end of the decade, says its compensation offer will be nowhere near that amount.
An Iranian strike cost Bazan $245 million. The war still boosted earnings
12.08.26
|
Yuval Azulay
The refinery benefited from a sharp rise in refining margins as the conflict disrupted regional energy markets.
Iran missile strikes reshape Israel’s battle over the future of Haifa’s refineries
20.07.26
|
Yuval Azulay
Bazan complex’s vulnerability has strengthened calls for evacuation, but concerns over energy independence are complicating the government’s plan.