VOL. XL

No. 38

22-September-1997

REFINING

Caltex Considers Joint Ventures In Israel

The US firm Caltex Petroleum Corporation and Israel's Dor Energy held talks last weekregarding the possibility of a joint bidding to purchase Israel's state-owned OilRefineries Ltd. once it is offered for sale by the Israeli authorities, according to Dorspokesman Roni Wolf on 18 September. The two companies are also considering joint biddingfor a $50mn contract to supply jet fuel at Israel's airports. Caltex's...