Oil Refineries Ltd 2022 AR2
The report outlines the financial and operational performance of Oil Refineries Ltd. (Bazan Group) for the fiscal year 2022. The company reported a significant increase in its refining margin, driven by global market dynamics and the consequences of the war in Ukraine. Bazan Group continued to implement its strategic plan, focusing on advanced polymers, hydrogen, and alternative fuels, while committing to ESG principles. The company also completed major periodic maintenance work at its facilities, including the fluid catalytic cracker, to ensure operational reliability and safety.
Company: Oil Refineries Ltd
Sector: Energy
Country: Israel
Year: 2022
Type: AR2
Pages: 273
Oil Refineries Ltd
Periodic Report
The report outlines the financial and operational performance of Oil Refineries Ltd. (Bazan Group) for the fiscal year 2022. The company reported a significant increase in its refining margin, driven by global market dynamics and the consequences of the war in Ukraine. Bazan Group continued to implement its strategic plan, focusing on advanced polymers, hydrogen, and alternative fuels, while committing to ESG principles. The company also completed major periodic maintenance work at its facilities, including the fluid catalytic cracker, to ensure operational reliability and safety.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees