Sunday 31 May 2015
 
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Tupras posts 87pc jump in Q4 net

Turkish oil refiner Tupras, owned by Koc Holding, posted an 87 per cent jump in fourth-quarter profit, helped by higher refining margins. Net profit was 213 million lira ($84.7 million) in the last three months of the year, compar

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Turkey's Tupras faces $69m hit from tax demand and fines

Turkey's sole oil refiner Tupras said it faces a tax demand and related fines totalling 160 million lira ($69 million) following an 18-month investigation by authorities.  

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Tupras to bring Izmit refinery upgrade fully on line start-2015

Turkish refiner Tupras aims for all units in the $3 billion upgrade project at its Izmit refinery to be online at the start of next year, its general manager Yavuz Erkut said.   Tupras had said in its third-quart

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Turkey's Tupras to extend Iran oil contract

Tupras, Turkey's sole oil refiner, will extend purchases of crude oil from Iran when the company's contract expires in August but won't increase imports, Energy Minister Taner Yildiz said. Turkey is seeking to raise cr

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