Ashdod Refinery

Ashdod Refinery promotes equal employment opportunities and a gender-inclusive work environment, ensuring fair compensation in line with the Equal Pay Law.

Ashkelon Refinery produces and distributes petroleum products to fuel and gas marketing companies in Israel, supplying about 40% of the country’s fuel demand.

Ashdod Refinery commits to fairness, ethical conduct, integrity, and legal compliance in Israel and internationally, adhering to international regulations and high business ethics.

Ashdod Refinery operates with zero tolerance for bribery, corruption, conflicts of interest, and ethical breaches, ensuring fair competition and mitigating risks.

Ashdod Refinery upholds fairness, ethical conduct, integrity, and legal compliance in Israel and globally, adhering to international regulations and high business ethics.

Ashdod Refinery secures government approval to develop a national infrastructure plan for a new natural gas power plant, though this step does not ensure construction permits or funding. The company also raises **NIS 300 million** via Series 4 bonds, likely to support its **2027 turnaround**, while the gas plant remains contingent and unfunded.

Oct 2026Deep TASENews article

Ashdod Refinery Ltd reports **second-quarter 2026 sales of $1.091 billion**, up from $668 million year-over-year. The company achieves **net income of $69 million**, reversing a $6 million loss in the same period last year. Basic earnings per share rise to **$5.50**, compared to a $0.50 loss per share annually. Diluted earnings per share also improve significantly from continuing operations.

Aug 2026MarketScreenerNews article

Ashdod Refinery Ltd reports first-quarter 2026 sales of **USD 691 million**, down from **USD 738 million** in the same period last year. The company records a **net loss of USD 45 million**, reversing a **net income of USD 4 million** from the prior-year quarter. The results reflect a downturn in profitability amid lower revenue.

May 2026MarketScreenerNews article

Two workers at Israel’s Ashdod oil refinery died after a suspected hazmat suit malfunction deprived them of oxygen. The incident occurred during routine operations at the facility, which processes crude oil into refined products. Authorities are investigating whether equipment failure or procedural lapses contributed to the fatalities.

Feb 2026timesofisrael.comNews article