Refinery

A drone targeted a facility near Moscow's Kapotnya oil refinery, causing unspecified damage while Ukrainian responsibility remains unclaimed amid escalating drone warfare.

Community hedge fund, led by Jeremy Blank, sold 100 million shekels worth of Bazan shares, exiting its substantial shareholder status after a 190% surge in stock value driven by soaring refining margins.

Six months after the death of Nitzan Goichman in a work accident at the Ashdod refinery, her family claims there is a lack of transparency in the investigation. Despite the file being transferred to the State Attorney's Office, the relatives of the victims continue to demand answers. The police state that they have maintained continuous contact with the family in accordance with the law.

Bazan Chairman Moshe Kaplinsky stated that the company prefers to invest abroad due to uncertainty regarding the future of Israel's refining sector and government plans for its closure.